My mortgage broker has requested my Billingham law firm’s panel reference for the Lloyds conveyancing panel. What is the best way to obtain this. I have tried my local Billingham branch but they have not got back to me yet.
The sensible thing to do is ask for this information from your Billingham lawyer . They keep a central record lender panel numbers.
Completed the sale of my flat in Billingham last June but my buyer keeps texting every few hours complaining that her lawyer is waiting to hear from myconveyancer. What are the post completion sale legalities now that I have sold?
After completion of your disposal your solicitor should forward the transfer documentation and all additional paperwork to the buyer’s solicitors. Depending on the transaction, your solicitor must also send confirmation that the home loan has been redeemed to the purchasers solicitors. There is unlikely to be post completion requirements peculiar conveyancing in Billingham.
We're in Billingham, FTBs purchasing with a mortgage (lender is RBS , and our solicitor is on the RBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the RBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
My wife and I have a renovated Edwardian property in Billingham. Conveyancing lawyer acted for me and Norwich and Peterborough Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Billingham and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with the conveyancing practitioner who carried out the work.
I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a quick, no chain conveyancing. Billingham is the location of the property. Is there any advice you can impart?
Flying freeholds in Billingham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Billingham you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Billingham may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.