When it comes to mortgage companies such as TSB, do Altrincham property lawyers incur an annual charge to be on the conveyancing panel?
We are unaware of any mortgage company fees to register on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel application.
It is unclear whether my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Altrincham building society branch on a couple of occasions and was told it does not impact the mortgage offer and they will lend. My Altrincham conveyancing solicitor - who is on the bank conveyancing panel- telephoned and was told they would not lend based on their specific requirements. Who do I believe?
Your lawyer must comply with the Council of Mortgage Lenders’ Handbook Part 2 requirements for your lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
Intending to buy a flat in Altrincham. 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 Lloyds 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 Altrincham conveyancing practitioner is on the Lloyds conveyancing panel.
I decided to have a survey carried out on a property in Altrincham in advance of retaining lawyers. I have been advised that there is a flying freehold overhang to the property. Our surveyor has said that some banks may not issue a loan on such a premises.
It depends who your proposed lender is. Santander has different instructions for example to Nationwide. If you contact us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Altrincham. Conveyancing will be smoother if you use a solicitor in Altrincham especially if they regularly deal with such properties in Altrincham.
In what way does the Landlord & Tenant Act 1954 impact my business property in Altrincham and how can your lawyers assist?
The particular law that you refer to affords protection to business lessees, granting the legal entitlement to apply to court for a renewal tenancy and remain in occupation when the lease comes to an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act for protection and help with commercial conveyancing in Altrincham
I need to instruct a conveyancing solicitor for my conveyancing in Altrincham. I have chance upon a site which looks to be the ideal solution If it is possible to get all this stuff done via phone that would be ideal. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
We are in the process of buying a home in Altrincham. Conveyancing is not yet done but we would like keep the amount we are are purchasing for private from sites such as Rightmove. How do I ensure this is not noted?
HMLR are legally obliged to reveal price sold data on a register of the title for domestic properties nationwide including homes in Altrincham. The register of title is a public document, so HMLR would be breaking the law if they failed to allow access to the register.
You can ask HM Land Registry to withhold the price paid data yet the response would be a No.