I am getting a offer of a home loan from Nat West. I hope to use a Licensed Conveyancer in Woodbury. Does the Nat West Solicitor panel exclude conveyancers regulated by the CLC?
The Nat West approved solicitor list is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
My son is buying a house that has just been built in Woodbury with a mortgage from TSB. His lawyer has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the TSB conveyancing panel as a standard part of the process, and to the surveyor when asked. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the TSB conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
A relative informed me that in buying a property in Woodbury there may be various restrictions as to what one can do in terms of external changes to the property. Is this right?
There are a number of properties in Woodbury which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Woodbury should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We have agreed to purchase a house in Woodbury. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Clydesdale be concerned?
Given that your lender is Clydesdale your lawyer must check the formal instructions contained in Section two of UK Finance Lenders’ Handbook for Clydesdale. The CML Handbook stipulates minimum conditions for solar panel roof-space leases, and conveyancers are required to report to Clydesdale where a lease does not meet these specifications. The provisions relate to the installation of panels on properties countrywide and is not isolated to Woodbury.
My husband and I are in the throws of looking at houses in Woodbury and I am now considering a potential offer. Is it premature to have a solicitor in place? I am planning to take a home loan with Yorkshire BS.
You should start requesting conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the selling agent. Given that you are taking out a mortgage with Yorkshire BS, ask your prospective lawyers if they are on the Yorkshire BS conveyancing panel otherwise they can't do the mortgage legal work.
The deeds to my home are lost. The conveyancers who did the conveyancing in Woodbury 10 years ago have long since closed. Will I be able to sell the house?
You no longer need to have the physical deeds to evidence that you are the registered proprietor of land or premises, given that the Land Registry hold details of all registered land or property electronically.
I've recently found out that there is a flying freehold element on a house I put an offer in last month in what should have been a straight forward, no chain conveyancing. Woodbury is the location of the property. Can you offer any advice?
Flying freeholds in Woodbury are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Woodbury you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Woodbury may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.