I have paid off my mortgage with Aldermore. I assume I don't need a Stechford solicitor on the Aldermore panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Aldermore mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Aldermore mortgage from the register. Aldermore, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Aldermore has sent the Land Registry the discharge electronically, and
- Aldermore has instructed the Land Registry to do so
It is not clear whether my bank requires a lease extension. I have called into my local Stechford building society branch on various occasions and was advised it wasn't an issue and they will lend. My Stechford conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned and was told they refuse to lend in accordance with their published requirements. I have no idea who is right.
Provided that the conveyancing practitioner is on the lender approved list, they must comply with the CML Handbook conditions for the bank. Unless your lawyer obtains specific confirmation in writing that the lender 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 lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
Our offer on a property in Stechford has been agreed to, the sellers do however have an associated purchase. The sellers have placed an offer on on an apartment, however it’s not yet tied up, and have viewings of other flats booked. I have selected a bricks and mortar conveyancing solicitor in Stechford. What do I do now? When do I get the mortgage application with Bank of Ireland started?
It is understandable to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx £1k, then survey, Stechford conveyancing search charges, etc). The first course of action is to ensure that your lawyer is on the Bank of Ireland approved list. As to the next steps this very much dictated by the circumstances of your case, attraction to the property and on the state of the market. In a buoyant market the majority of buyers will apply for a home loan with Bank of Ireland and arrange for the valuation and only if it comes back ok would they pay their solicitor to move forward with searches.
I have been told that property searches are a common cause of stalling in Stechford house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not feature within the top 10 causes of hindrances in the conveyancing process. Local searches are unlikely to feature in any slowing down conveyancing in Stechford.
Despite weeks of looking the Title Certificate and documents to our property are lost. The conveyancers who handled the conveyancing in Stechford 4 years ago no longer exist. What are my next steps?
Assuming the title is registered the information relating to your ownership will be recorded by HMLR with a Title Number. It is easy to conduct a search at the Land Registry, locate your property and order up to date copies of the Registered Entries for a small fee. Where the title is Leasehold then the Land Registry will also normally retain a file duplicate of the Registered Lease and again, a copy can be ordered for £20 inclusive of VAT.
I am downsizing from my house. My previous solicitors closed down. I am in need of a recommendation of a conveyancing firm. I happen to live in Stechford if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Stechford. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
What can I do to find out who is the owner of a house in Stechford?
On the basis that the premises is registered with HM Land Registry, and you have sufficient specifics of the location of the premises, you will be able to obtain results from the HMLR of the registered proprietor for a a minimal charge.