Can you point me to a directory of Yorkshire BS panel conveyancers in Sparkhill on the Building Society Association’s Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association websites. Very few banks make their panel listings open the public online. Where you are looking for a Sparkhill conveyancing practitioner on the Yorkshire BS please use our tool.
The mortgage over my property is with Leeds Building Society for my property in Sparkhill. Conveyancing was finalised months ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Leeds Building Society?
You must advise Leeds Building Society in advance of renting your property as this is likely to be a breach of Leeds Building Society’s mortgage conditions. It may be that Leeds Building Society will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Leeds Building Society directly. You need not do this via a Leeds Building Society conveyancing panel lawyer.
I have finally had an offer on a flat in Sparkhill agreed to, the owners do however have a tied purchase. The vendors have placed an offer on on an apartment, however it’s not yet tied up, and are looking at other flats booked. I have chosen a local conveyancing solicitor in Sparkhill. What should be my next step? When should I get the mortgage application with Yorkshire BS started?
It is understandable to have concerns where there is a chain as you are unlikely to want to incur costs prematurely (mortgage application is approx one thousand pounds, then valuation, Sparkhill conveyancing search costs, etc). The first thing to do is ensure that your conveyancer is on the Yorkshire BS approved list. Regarding the subsequent stages this very much dictated by the uniqueness of your transaction, desire for the property and on the state of the market. In a buoyant market some purchasers would apply for the mortgage with Yorkshire BS and arrange for the valuation and only if it comes back ok would they ask their property lawyer to proceed with the conveyancing in Sparkhill.
Me and my brother have a renovated Edwardian property in Sparkhill. Conveyancing practitioner acted for me and Skipton Building Society. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold with the matching property. I'd like to know for sure, how can I find out??
You need to assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Sparkhill and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing lawyer who carried out the work.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Sparkhill is the location of the property. Can you shed any light on this issue?
Flying freeholds in Sparkhill are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Sparkhill you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sparkhill may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
My father-in-law has recommend that I instruct his conveyancers in Sparkhill. Do I take his advice?
No doubt the ideal way to choose a conveyancing lawyer is to have referrals from friends or family who have experience in using the conveyancer that you are are thinking of instructing.
My mum and dad are experiencing difficulties in finding their Sparkhill property on the HMLR website. They have a vague memory back in the 60’s when they acquired the house there were complications regarding Sparkhill not being recognised in some systems.
The vast majority of premises in Sparkhill should be revealed. Have you attempted a search with just the postcode. Normally it will identify all the houses and flats within that postcode. Where recorded it will be there with a title number. If they bought fifty years ago it's conceivable it may be not yet registered. The address might still be revealed but with the title number shown 'na'. In this scenario you will need to track down the original title papers which could be with your parent’s mortgage company.