I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in St Columb. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 17/10/2024, the requirements read as follows :
is it true that all St Columb solicitor firms on the Co-operative conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Co-operative conveyancing panel they would need to be regulated by the SRA. Many mortgage companies do allow licenced conveyancers on their panel in which case such firms would be regulated by the CLC.
I am buying a property in St Columb. An unusual aspect is that the roof has a solar panel. Aldermore have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Aldermore your lawyer must comply with the conveyancing instructions outlined in Section two of UK Finance Lenders’ Handbook for Aldermore. The CML Handbook includes minimum requirements for solar panel roof-space leases, and lawyers are required to report to Aldermore where a lease does not meet these conditions. The specifications relate to the installation of panels on properties in England and Wales and is not limited to St Columb.
I have decided to exercise my right to buy my property in St Columb off the council. I have a mortgage offer with TSB. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with TSB, you will need to appoint a solicitor on the TSB conveyancing panel.
I require quick conveyancing in St Columb as I am faced with an ultimatum to complete inside 2 weeks. A mortgage is not required. Can I escape the need for conveyancing searches to save money and time?
As you are are a mortgage free purchaser you have the choice not to have searches conducted although no lawyer would advise that you don't. Drawing on years of experience of conveyancing in St Columb the following are examples of what can be revealed and therefore affect future saleability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Railway Schemes,...
The deeds to my home are lost. The lawyers who handled the conveyancing in St Columb 10 years ago have long since closed. What do I do?
You no longer need to hold title deeds to evidence that you are the owner of your registered land or premises, as the Land Registry have everything they need in a digital format.
We're FTB’s - agreed a price, but the agent informed us that the vendor will only move forward if we instruct the agent's chosen lawyers as they are insisting on a ‘quick sale’. Our preferred option is to instruct a family conveyancer accustomed to conveyancing in St Columb
We suspect that the seller is unaware of this ultimatum. Should the owner want ‘a quick sale', taking such a hostile approach to a genuine purchaser is going to damage their objectives. Speak to the vendors direct and make sure they comprehend that (a)you are genuine purchasers (b)you are ready to go, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)however you will continue to instruct your preferred St Columb conveyancing solicitors - not the ones that will provide their estate agent a kickback or meet his conveyancing figures demanded by HQ.