I am obtaining a mortgage offer from Nat West. My intention is to instruct a Licensed Conveyancer in St Annes Park. Does the Nat West Conveyancing panel exclude conveyancers regulated by the CLC?
The Nat West conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
Would the conveyancing solicitors via your comparison service perform conveyancing in St Annes Park by way of an attended exchange?
We do have a number of conveyancing experts carrying out one day exchanges. Please e-mail us to secure a conveyancing quote and details as to availability.
Forgive me if this question is silly but I am new to the home moving as FTB of a two bedroom flat in St Annes Park. Do I pick up the keys to the house on the completion date from my solicitor? If this is the case, I will find a High Street conveyancing solicitor in St Annes Park?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the completion advance to the vendor’s lawyers, and shortly after the monies have arrived, you will be invited to collect the keys from the property Agents and start moving into the property. Usually this happens early afternoon.
My father informed me that in purchasing a property in St Annes Park there could be various restrictions prohibiting external alterations to a property. Is this right?
We are aware of a number of properties in St Annes Park which have some sort of restriction or requirement of consent to perform external changes. Part of the conveyancing in St Annes Park should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
It is not clear whether my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local St Annes Park building society branch on numerous occasions and was informed it wasn't an issue and they would lend. My St Annes Park conveyancing solicitor - who is on the lender conveyancing panel- called and was told they refuse to lend in accordance with their published requirements. I simply don't know who is right.
Your conveyancing practitioner has to comply with the CML Handbook Part 2 specifications for your lender. 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 left on the lease.
The deeds to our property are lost. The conveyancers who did the conveyancing in St Annes Park 10 years ago are no longer around. Will I be able to sell the house?
Assuming you have a registered title the details of your proprietorship will be retained by HMLR with a Title Number. It is possible to perform a search at the Land Registry, find your house and secure up to date copies of the Registered Entries for less than a fiver. Where the title is Leasehold then the Land Registry will in most cases retain a certified duplicate of the Registered Lease and again, a copy can be obtained for twenty pounds.
I have been on the look out for a ground for flat up to £195,000 and identified one close by in St Annes Park I like with amenity areas and station in the vicinity, however it's only got 52 years on the lease. I can't really find anything else in St Annes Park for this price, so just wondered if I would be making a grave error purchasing a short lease?
Should you need a mortgage the shortness of the lease will likely be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.