I am the only recipient of my late grandmother’s estate with all property in now in my sole name, including the house in Whitwick. The Whitwick property was put into my name in June. I plan to dispose of the house. I understand that there is a CML 6 month 'rule', meaning my property ownership will be treated the same way as though I had purchased the house in June. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. Most lenders would take a pragmatic view as this clause principally exists to identify the purchase and immediately sell or the flipping of property.
Are all Whitwick Conveyancing Quality Solicitors on the Coventry BS conveyancing list of approved solicitors?
Some major lenders now make use of the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. CQS accreditation however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of conveyancing solicitors.
After much negotiation I have agreed a price on a house in Whitwick. My financial adviser suggested a conveyancing practitioner. I paid an upfront payment of £200. Soon after, the solicitor contacted me sheepishly admitting that they were not on the Nottingham conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Nottingham panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
A friend advised me that if I am buying in Whitwick I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Whitwick conveyancing searches. It is not a small document of about 40 pages, listing and setting out important information about Whitwick around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Whitwick Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Whitwick Education with plans and statistics, Local Amenities and other useful data about Whitwick.
It has been 4 months since my purchase conveyancing in Whitwick concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am selling my house. My past lawyers has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Whitwick if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Whitwick. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes smoothly.
I am buying a garden flat in Whitwick. Conveyancing lawyer has been awaiting, from the owner, building insurance paperwork. I was told today I was advised that the vendor must send the insurance paperwork for the flat above also. Why would my lawyer need to check the insurance for the flat above? Is it really necessary? We have been waiting for the previous 4 weeks…
It is not unheard of in leasehold conveyancing in Whitwick to discover Conveyancing in Whitwick in a minority of cases reveals that the lease obliges the leasehold owners to insure their individual flats rather than the freeholder insuring the complete building - which is definitely better. Do double check with your solicitor but it would seem that your conveyancer is seeking to verify that the entire building is insured. Insuring your residence is no help when it comes to rebuilding after a fire if the other flat cannot be reinstated due to lack of insurance cover.