I am obtaining a mortgage with Halifax. My intention is to enlist the help of a Licensed Conveyancer in Alcester. Does the Halifax Conveyancing panel exclude conveyancers regulated by the CLC?
The Halifax conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Is there a reason why leasehold purchase conveyancing in Alcester costs more?
Alcester leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving relevant notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
Forgive me if this question is silly but I am wet behind the ears as a 1st time purchaser of a ground floor flat in Alcester. Do I pick up the keys to the house on completion from my conveyancer? If so, I will appoint a local conveyancing solicitor in Alcester?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the owner’s conveyancers, and once they have received this, you will be able to receive the keys from the property Agents and move into your new home. This tends to happen between 1 and 3pm.
When it comes to lenders such as Nationwide, do Alcester solicitors have to pay a fee to be on the list of approved solicitors?
We are not aware of any bank fees to be on their list of approved firms, although some do levy an administration charge to deal with the processing of the conveyancing panel submission.
We have agreed to purchase a house in Alcester. A rare aspect is that the roof has a solar panel. Virgin Money have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Virgin Money your lawyer must follow the conveyancing requirements outlined in Part two of UK Finance Lenders’ Handbook for Virgin Money. The Council of Mortgage Lenders’ Handbook contains minimum specifications for solar panel roof-space leases, and conveyancing practitioners are required to report to Virgin Money where a lease fails to satisfy these specifications. The provisions relate to the installation of panels on properties in England and Wales and is not restricted to Alcester.
I have justfound out that Wolstenholmes have been shut down. They carried out my conveyancing in Alcester for a purchase of a leasehold apartment 10 months ago. How can I be sure that the property is registered correctly in the name of the previous owner?
The quickest way to see if the premises is in your name, you can carry out 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 Alcester conveyancing specialists.
How easy is it to use your search facility to choose a conveyancing practitioner in Alcester on the panel for my lender?
First pick a bank such as Santander, The Royal Bank of Scotland or Barclays Direct then choose your preferred area e.g. Alcester. Conveyancing practices in Alcester and nationally will then be listed.