We are due to exchange on the purchase of a house in Rowley Regis but as a consequence of wreckage from a small fire at the property I have was able negotiate compensation from the seller in the sum of £3k in the form of a reduction in the price. I had intended this to be addressed as part of a side agreement but Nationwide will not agree to this. Should they have been approached?
Your solicitor being on the Nationwide conveyancing panel is required to advise Nationwide of any changes to the sale price. If you were to refuse your conveyancer to disclose the reduction to Nationwide then they would have to discontinue acting for you. In addition, Nationwide and you would have to appoint a new property lawyer for your conveyancing in Rowley Regis.
We are buying a property and require a conveyancing solicitor in Rowley Regis who is on the TSB solicitor panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for TSB . We don't recommend any particular firms conducting conveyancing in Rowley Regis.
My Solicitor in Rowley Regis has never been on on the Halifax Approved Panel. Can I still use my prefered solicitor even though they are excluded from the Halifax panel of approved conveyancing solicitors?
Your options are as follows:
- Carry on with your preferred Rowley Regis lawyers but Halifax will need to instruct a lawyer on their panel. This will result in additional total conveyancing fees as well as cause frustration.
- Find an alternative solicitor to act in the purchase, not forgetting to check they are Persuade your solicitor to do everything within their powers to join the Halifax conveyancing panel
I am helping my niece sell her house in Rowley Regis. Will the conveyancer order the energy assessment or it is for me to coordinate?
Following the demise of Home Packs, energy assessments was left as a mandatory element of selling a property. An energy performance certificate needs to be to hand before the property is advertised. This is not something that lawyers ordinarily organise. If you are using a Rowley Regis conveyancing lawyer they might help arrange energy assessments given their relationships with long established Rowley Regis accredited person
I happen to be the sole beneficiary of my late father’s estate with all property in now in my sole name, including the house in Rowley Regis. Conveyancing formalities meant that the Land Registry date was in November. I want to move. I do know about the Mortgage Lenders six month 'rule', meaning my property ownership may be considered the same way as though I had purchased the house in November. Is the property unsalable for six months?
The CML handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you may be impacted by that. How sensible a view banks take of it, depend on the bank as this requirement is principally there to capture subsales or the quick reselling of property.
Planning on purchasing a flat in Rowley Regis. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Rowley Regis conveyancing practitioner is on the Nationwide conveyancing panel.
I have been on the look out for a flat up to £305k and identified one close by in Rowley Regis I like with amenity areas and station nearby, however it's only got 52 years unexpired on the lease. I can't really find anything else in Rowley Regis for this price, so just wondered if I would be making a grave error buying a short lease?
If you need a home loan the shortness of the lease will be problematic. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least 2 years you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.