I am obtaining a offer of a home loan from Lloyds. I intend to instruct a Licensed Conveyancer in Totterdown. Does the Lloyds Conveyancing panel include Licensed Conveyancers?
The Lloyds approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
We wanted to use a conveyancing solicitor in Totterdown for our home move. Our financial adviser informed us that our mortgage company The Mortgage Works won't deal with them. Why is this not regarded as unduly restrictive?
A lender can insist on an approved conveyancer act for it. You would be expected to meet the charges for this. Please make use of our database to choose a solicitor to conduct conveyancing in Totterdown on the The Mortgage Works member panel.
I have a renovated Victorian property in Totterdown. Conveyancing lawyer acted for me and TSB. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold with the matching property. I'd like to know for sure, how can I find out??
You should review the Freehold register you have again and check the Charges Register for 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 Totterdown and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the position with your conveyancing solicitor who conducted the conveyancing.
I have been on the look out for a ground for flat up to £195,000 and found one close by in Totterdown I like with open areas and transport links nearby, the downside is that it's only got 61 remaining years left on the lease. I can't really find anything else in Totterdown in this price bracket, so just wondered if I would be making a grave error buying a short lease?
If you need a mortgage the shortness of the lease will be problematic. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.
How do I identify a Totterdown law firm on the Barclays conveyancing panel? I have a car and am prepared to travel upto 10miles to meet the conveyancer.
Feel free to make use of the facility on this page. Please select a bank and your location and you will see a number of Totterdown conveyancing lawyers located nearest you. We have listed some Totterdown conveyancing firms at the bottom of this page and you can call them to see if they are on the Barclays panel