We have agreed to purchase a house in Woodside. One unusual aspect is that the roof has a solar panel. Bank of Ireland have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Bank of Ireland your lawyer must follow the formal requirements contained in Part two of UK Finance Lenders’ Handbook for Bank of Ireland. The Council of Mortgage Lenders’ Handbook contains minimum requirements for solar panel roof-space leases, and conveyancing practitioners are required to report to Bank of Ireland where a lease fails to meet these requirements. The conditions relate to the installation of panels on properties countrywide and is not restricted to Woodside.
I currently have a mortgage with Leeds Building Society for my property in Woodside. Conveyancing was finalised months ago. Should I wish to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Leeds Building Society?
Leeds Building Society must be informed of your intention prior to renting your property as this is likely to be a breach of Leeds Building Society’s mortgage conditions. It may be that Leeds Building Society will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Leeds Building Society directly. It should not be necessary to do this via a Leeds Building Society conveyancing panel lawyer.
The formalities of my remortgage has taken place for my property in Woodside. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Department at head office. We understand that complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I need some quick conveyancing in Woodside as I am faced with an ultimatum to sign on the dotted line inside one month. A home loan is not required. Is it possible to avoid the conveyancing searches to save money and time?
If.Given you are are a cash buyer you have the choice not to have searches carried out although no solicitor would recommend that you don't. Drawing on our experience of conveyancing in Woodside the following are examples of issues that can appear and adversely affect future saleability: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Road Schemes,...
What does commercial conveyancing in Woodside cover?
Non domestic conveyancing in Woodside covers a broad array of advice, offered by regulated solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
My husband and I are FTB’s - agreed a price, yet the agent has warned us that the seller will only go ahead if we instruct the agent's chosen lawyers as they need an ‘expedited deal’. My instinct tells me that we should use a high street conveyancer accustomed to conveyancing in Woodside
We suspect that the seller is unaware of this request. Should the seller desire ‘a quick sale', taking such a hostile approach to a motivated purchaser is likely to cause more damage than good. Bypass the agents and go straight to the owners and make sure they comprehend that (a)you are motivated purchasers (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)but you will continue to use your preferred Woodside conveyancing firm - not the ones that will provide the estate agent a commission or hit his conveyancing thresholds pre-set by corporate headquarters.
Is there a reason that Woodside conveyancing costs are higher for leasehold and freehold properties?
Leasehold conveyancing in Woodside more often than not will involve additional due diligence for instance reviewing the lease, corresponding with the freeholder, obtaining up to date rent receipts, landlord’s consents, management company’s accounts amongst other tasks.