I am thinking of refinancing my flat in Copthorne, does my lawyer need to be on the Bank of Ireland Conveyancing panel?
There is nothing to stop you using your solicitor, but Bank of Ireland will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
I am buying a 4 bedroom semi-detached house in Copthorne. Our aim is to an extension at the rear at the house.Will legal investigations on the property include investigations to ascertain if these alterations are prohibited?
Your property lawyer will review the registered title as conveyancing in Copthorne can sometimes identify restrictions in the title deeds which prevent categories of alterations or necessitated the permission of another owner. Certain extensions need local authority planning permissions and approval in accordance building regulations. Many areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be prudent to check these issues with a surveyor ahead of any purchase.
We have a mortgage agreed in principle with Coventry BS. Copthorne conveyancing practitioners are selected. How long does it take for Coventry BS to send the offer to the solicitor?
There is no definitive answer here. Have Coventry BS conducted the valuation? Have you advised Coventry BS as to your lawyers' details and checked that your lawyers are on the Coventry BS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I am selling my house. I had a double glazing fitted in October 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, Barclays are being pedantic. The Copthorne solicitor who is on the Barclays conveyancing panel is saying indemnity insurance will be fine but Barclays are requiring a building regulation certificate. Why do Barclays have a conveyancing panel if they don't accept advice from them?
It is probably the case that Barclays have referred the matter to their valuer. The reason why Barclays may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I got the keys to my home on 1 February and my personal details is not yet on the land registry website. Any reason for this? My conveyancing solicitor in Copthorne said it will be recorded inside ten days. Are properties in Copthorne particularly slow to register?
As far as conveyancing in Copthorne registration is no quicker or slower than the rest of England and Wales. As opposed to being determined by geographic area, timescales can differ depending on who lodges the application, whether it is in order and if the Land registry communicate with any 3rd parties. At present approximately three quarters of such applications are completed within 12 days but occasionally there can be longer delays. Registration is effected once the new owner has moved in to the premises thus an expedited registration is not always top priority but if it is urgent that the the registration takes place urgently then you or your lawyers must speak with the land registry and explain the circumstances.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one near me in Copthorne I like with a park and railway links nearby, however it's only got 61 years unexpired on the lease. There is not much else in Copthorne for this price, so just wondered if I would be making a mistake acquiring a short lease?
Should you require a home loan the remaining unexpired lease term will likely be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this.
I need to appoint a conveyancing solicitor for leasehold conveyancing in Copthorne. I've discover a site which looks to be the perfect answer If there is a chance to get all formalities completed via phone that would be preferable. Should I be concerned? What are the potential pitfalls?
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?