What is the optimum way to find out if the solicitor conducting my conveyancing in Sherwood is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Clydesdale thus paying £187.00 plus VAT in additional conveyancing fees.
Please do make use of the search tool on this web page. Pick the mortgage company and type ‘Sherwood’ or your preferred area and you will discover a number of lawyer located in Sherwood or near you.
I have today made my last payment due on my mortgage with Leeds Building Society. I assume I don't need a Sherwood solicitor on the Leeds Building Society panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Leeds Building Society mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Leeds Building Society mortgage from the register. Leeds Building Society, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Leeds Building Society has sent the Land Registry the discharge electronically, and
- Leeds Building Society has instructed the Land Registry to do so
I am currently in the process of buying my council flat in Sherwood. I have a mortgage offer with Virgin Money. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Virgin Money, you will need to appoint a solicitor on the Virgin Money conveyancing panel.
Completion of my purchase has taken place for my property in Sherwood. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Almost all lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. Ordinarily 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, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
What can a local search inform me concerning the property my wife and I purchasing in Sherwood?
Sherwood conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search company for instance Onsearch The local search plays an important part in many a Sherwood conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your new home. The search will provide data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.
I have been on the look out for a ground for flat up to £195,000 and identified one near me in Sherwood I like with open areas and railway links in the vicinity, the downside is that it's only got 52 remaining years left on the lease. I can't really find anything else in Sherwood suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a home loan that many years will likely be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you could request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
We're FTB’s - agreed a price, yet the property agent has warned us that the vendor will only proceed if we use the agent's recommended lawyers as they want a ‘quick sale’. We would rather use a family solicitor with experience of conveyancing in Sherwood
It is improbable the sellers are behind this. Should the seller want ‘a quick sale', turning down a motivated buyer is likely to cause more damage than good. Contact the vendors directly and make the point that (a)you are motivated purchasers (b)you are excited to move forward, with finances in place © you do not need to sell (d) you intend to proceed fast (e)but you will continue to appoint your preferred Sherwood conveyancing solicitors - rather thanthose that will give their estate agent a kickback or achieve conveyancing figures set by HQ.