I am expecting a mortgage offer from Lloyds. I intend to enlist the help of a Licensed Conveyancer in Weldon. Does the Lloyds Solicitor panel exclude conveyancers regulated by the CLC?
The Lloyds approved solicitor list is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the CLC.
Completed the sale of my flat in Weldon last April but the buyer keeps whats apping daily to moan that their solicitor needs to hear from mine. What are the post completion sale formalities now that I have sold?
After completion of your house sale your conveyancer should deliver the transfer deeds and all supplemental paperwork to the purchaser's conveyancer. Depending on the transaction, your conveyancer should also send confirmation that the mortgage has been repaid to the buyers solicitors. There are no post completion requirements just for conveyancing in Weldon.
About to purchase a new build apartment in Weldon. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Weldon
The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please supply a car parking plan. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
Over the last few months I have been searching for a leasehold apartment up to £195,000 and identified one close by in Weldon I like with open areas and railway links in the vicinity, the downside is that it only has 52 years on the lease. There is not much else in Weldon for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage the shortness of the lease will be problematic. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
We are a couple of weeks into a freehold purchase having been referred to solicitors by the estate agent to do our conveyancing in Weldon. I am am starting to be disappointed with the quality of service. Can you you assist me in finding new conveyancers?
They would need to be very bad in order to consider replacing them. Has your mortgage offer been generated? In the event that it has you will need to make them aware of the new contact details and get the offer are issued to the new lawyers. The solicitor ideally should be on the lenders panel to avoid added fees and frustration. That should be your first question of the new solicitors. The find a solicitor tool will assist you in finding a bank approved lawyer for your conveyancing in Weldon