I am expecting a offer of a home loan from Santander. I intend to use a Licensed Conveyancer in Castle Eden. Does the Santander Conveyancing panel exclude conveyancers regulated by the CLC?
The Santander approved solicitor list is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
We were just about to sign contracts for a freehold house in Castle Eden. We encountered a stumbling block. Our loan offer with Aldermore expires on 2/5/2025 but the owners are putting forward a completion date of 7/5/2025. Is it possible to extend the mortgage offer?
The person best placed to address this concern is your lawyer who will assess if he or she is corresponding with the bank, vendor’s solicitors, property agents or conceivably all three given the history of your transaction to date.
We are due to move house in May. Should my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you put forward a removal company in Castle Eden. Conveyancing firm was found prior to coming across your website.
On the afternoon of completion you will need to pick up the house keys from the property agent however this should only take place after the previous owners conveyancers advise the agent that the monies to complete are in and the keys can be passed over. You can tell the removal men that you are ready to move in. As a matter of policy we do not suggest a specific removal company but can assist you in choosing a conveyancing in Castle Eden or a solicitor that specialises in conveyancing in Castle Eden.
I'm the only recipient of my late father’s will with all property in now in my sole name, including the my former home in Castle Eden. Conveyancing formalities meant that the Land Registry date was in January. I plan to dispose of the house. I do know about the CML six month 'rule', meaning my property ownership may be treated the same way as though I had purchased the house in January. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook instructs solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be caught by that. Some mortgage companies would take a sensible view as this obligation chiefly exists to capture the purchase and immediately sell or the wholesaling and assigning of properties.
I have paid off my mortgage with Skipton. I assume I don't need a Castle Eden solicitor on the Skipton panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Skipton 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 Skipton mortgage from the register. Skipton, 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 Skipton has sent the Land Registry the discharge electronically, and
- Skipton has instructed the Land Registry to do so
What does a local search tell me concerning the property we're purchasing in Castle Eden?
Castle Eden conveyancing often starts with the ordering local authority searches directly from your local Authority or through a personal search organisations for instance Xpress Legal The local search is essential in every Castle Eden conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your new home. The search will supply 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 areas.
Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what was supposed to be a quick, chain free conveyancing. Castle Eden is the location of the property. Can you offer any guidance?
Flying freeholds in Castle Eden are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Castle Eden you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Castle Eden may ascertain 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 premises.