Two weeks ago we had a mortgage agreed in principle with Leeds Building Society. Barnsley conveyancing lawyers were appointed. What is the average time that one could expect to receive a mortgage offer from Leeds Building Society?
There is no definitive answer here. Have Leeds Building Society completed the valuation? Have you informed Leeds Building Society as to your lawyers' details and checked that your lawyers are on the Leeds Building Society conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am buying a property in Barnsley. An unusual aspect is that the roof has a solar panel. TSB 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 TSB your lawyer must comply with the conveyancing requirements set out in Part 2 of UK Finance Lenders’ Handbook for TSB. The Council of Mortgage Lenders’ Handbook includes minimum provisions for solar panel roof-space leases, and solicitors are required to report to TSB where a lease does not comply with these conditions. The provisions relate to the installation of panels on properties nationwide and is not limited to Barnsley.
I recently had an offer agreed on a house in Barnsley. My mortgage broker pressured me to appoint their lawyer. I paid an on account payment of £200. Soon after, the property lawyer contacted me embarrassingly acknowledging that they were not on the Clydesdale 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 Clydesdale 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.
2 months have elapsed following my purchase conveyancing in Barnsley took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. 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 residence 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.
Over the last few months I have been searching for a ground for flat up to £305k and identified one near me in Barnsley I like with a park and transport links nearby, however it only has 49 years on the lease. I can't really find anything else in Barnsley suitable, so just wondered if I would be making a mistake acquiring a short lease?
Should you need a home loan the shortness of the lease will likely be an issue. Reduce the offer by the anticipated 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 ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
Is there anything unique about your site and alternative online quote calculators when it comes to conveyancing in Barnsley?
At this site receive a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that appreciates the issues of your conveyancing in Barnsley. As opposed to estate agents and many comparison sites we do not operate commission deals with solicitors. Many agents and online brokers 'recommend' the firm that pays the most commission, as opposed to the best value conveyancing in Barnsley
Is it the case that all Barnsley solicitors on every bank conveyancing panel?
You can use our search tool or you can drop into your local lender branch in Barnsley. Chances are that they will know some good conveyancing solicitors in Barnsley