My wife and I have recently appointed a conveyancing solicitor in Walsingham. I need to find out if they are on the National Westminster Bank conveyancing panel. Can you assist?
You should e-mail your solicitor and ask them whether they are on the lender panel. Alternatively you can call National Westminster Bank who may be able to confirm.
I had a mortgage agreed in principle with Nottingham. Walsingham conveyancing lawyers are selected. How long does it take for Nottingham to issue the offer to the conveyancer?
Some lenders take longer than others. Have Nottingham conducted the valuation? Have you informed Nottingham as to your lawyers' details and checked that your lawyers are on the Nottingham conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
We have agreed to purchase a house in Walsingham. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Barclays be concerned?
As you are obtaining a mortgage with Barclays your lawyer must comply with the formal instructions contained in Section two of UK Finance Lenders’ Handbook for Barclays. The Council of Mortgage Lenders’ Handbook sets out minimum requirements for solar panel roof-space leases, and lawyers are required to report to Barclays where a lease fails to comply with these provisions. The requirements relate to the installation of panels on properties countrywide and is not isolated to Walsingham.
I am selling my flat. I had a double glazing fitted in December 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Lloyds are being pedantic. The Walsingham solicitor who is on the Lloyds conveyancing panel is recommending indemnity insurance as a solution but Lloyds are insisting on a building regulation certificate. Why do Lloyds have a conveyancing panel if they don't accept advice from them?
It is probably the case that Lloyds have referred the matter to their valuer. The reason why Lloyds may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I have recentlybecome aware that Arc property Solicitors have been shut down. They carried out my conveyancing in Walsingham for a purchase of a leasehold flat 18 months ago. How can I establish that the property is not still registered in the name of the former proprietor?
The easiest method to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Walsingham conveyancing specialists.
How does conveyancing in Walsingham differ for new build properties?
Most buyers of new build property in Walsingham approach us having been asked by the seller to sign contracts and commit to the purchase even before the premises is built. This is because developers in Walsingham usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Walsingham or who has acted in the same development.
How do I use the search facility to select a conveyancing practitioner in Walsingham on the panel for my lender?
First pick a bank such as National Westminster Bank, Bank of Scotland or Platform Home Loans Ltd then choose your preferred area a common one being Walsingham. Conveyancing organisations in Walsingham and further afield should be shown.