I happen to be the single beneficiary of my late father’s estate and I have everything in my name now, including the house in Wilmslow. The Wilmslow property was put into my name in July. I want to move. I do know about the CML 6 month 'rule', meaning my proprietorship could be considered the same way as if I'd bought the house in July. Will no one buy the property for half a year?
The CML handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be impacted by that. How sensible a view lenders take of it, depend on the bank as this requirement chiefly exists to identify subsales or the wholesaling and assigning of properties.
Is it the case that all Wilmslow solicitor firms on the RBS conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the RBS conveyancing panel they would need to be regulated by the SRA. The majority of lenders do allow licenced conveyancers on their panel and in such a situation the practice would be regulated by the CLC.
Completion of my remortgage has taken place for my property in Wilmslow. Conveyancing was a necessary evil but I would like to complain about the lender. Who do I contact should I wish to lodge a complaint?
Most lenders have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I have been on the look out for a flat up to £245,000 and identified one close by in Wilmslow I like with open areas and railway links nearby, however it's only got 61 years on the lease. There is not much else in Wilmslow in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a mortgage the remaining unexpired lease term will be a potential deal breaker. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
I'm remortgaging my primary home to a buy to let loan with Barclays and intend to use the remaining equity towards a second house. The area we are talking about is Wilmslow. Will your solicitors be able to act for both sets of banks and link together the two deals?
Do use our comparison tool on this page to be sure that the lawyers are approved by both banks. Assuming that they are your conveyancer will be able to connect the two transactions but you should talk with you solicitor and make clear your expectations and needs.
As co-executor for the estate of my aunt I am disposing of a property in Swansea but I am based in Wilmslow. My lawyer (based 235 miles from merequires that I sign a stat dec ahead of completion. Can you recommend a conveyancing solicitor in Wilmslow who can witness and place their company stamp on the document?
strictly speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will be fine regardless of whether they are Wilmslow based
We are looking to buy a repossessed property in Wilmslow and the mortgagee in possession require completion within a month. Do lawyers meet that timeframe? Am I best advised to instruct a local Wilmslow firm or an online conveyancer that professes to offer speedy conveyancing?
Attend your Wilmslow shopping parade. Go in to a couple of solicitor’s offices and ask to talk to a conveyancing solicitor for a quote. Discuss your requirements and seek assurances on time frames. Appoint the one that seems most genuine. Be sure to select a property lawyer on the list of solicitors approved by your lender.