My wife and I have recently appointed a conveyancing solicitor in Slough. I I am struggling to find out whether they are on the Alliance & Leicester approved list of lawyers. Could you advise?
You should contact your lawyer and ask them whether they can act for the bank. Otherwise you should call Alliance & Leicester who may be able to confirm.
I have been told by my solicitor that lack of building regulations insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Slough?
The right level of lack of building regulations indemnity insurance should be dictated by who your lender. It would differ for example between Barclays and Skipton Building Society. Conveyancing practitioners as opposed to members of the public take out such insurances.
I can not work out if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Slough bank branch on various occasions and was advised it wasn't a problem and they will lend. My Slough conveyancing solicitor - who is on the lender conveyancing panel- telephoned to say that they refuse to lend based on their specific requirements. I simply don't know who is right.
The solicitor has to follow the Council of Mortgage Lenders’ Handbook Part 2 conditions for your bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
Intending to buy a apartment in Slough. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Co-operative conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Slough property lawyer is on the Co-operative conveyancing panel.
A friend suggested that where I am buying in Slough I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is occasionally included in the estimate for your Slough conveyancing searches. It is not a small report of more than thirty pages, listing and setting out significant information about Slough around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Slough Education with maps and statistics, Local Amenities and other useful information about Slough.
Due to the input of my in-laws I had a survey completed on a house in Slough prior to appointing solicitors. I have been advised that there is a flying freehold element to the property. My surveyor advised that some mortgage companies will refuse to grant a mortgage on such a property.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. Should you wish to call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Slough. Conveyancing may be slightly more expensive based on your lender's requirements.
I purchased a house in Slough last 17/7/2020 and to date it is still not registered with HM Land Registry. It is part of a new estate and my lawyer told me that it may take 12 months to register. I have contacted HM Land Registry directly and they say that the original application was cancelled due to failure to reply to requisitions. Should I be concerned?
It is your conveyancer that you must contact in order to satisfy any issues which have been raised as part of the registration formalities for your Slough property. Normal Slough conveyancing practice includes an undertaking on the part of the seller's conveyancer that they will help resolve any registration raised by HMLR so it may be a case of taking action to enforce that undertaking if necessary.