I am purchasing a right to buy a flat in Cornhill On Tweed. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?

Leaving aside the complexities and merits of DIY conveyancing in Cornhill On Tweed you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Cornhill On Tweed.

I happen to be the single beneficiary of my late mum's will with all property in now in my sole name, including the my former home in Cornhill On Tweed. Conveyancing formalities meant that the Land Registry date was in January. I now wish to sell up. I understand that there is a Mortgage Lenders six month 'rule', which means that my property ownership could be regarded the same way as if I'd bought the house in January. Is the property unsalable for six months?

The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be caught by that. How practical a view banks take of it, depend on the bank as this provision is chiefly there to identify subsales or the flipping of property.

When it comes to mortgage companies such as HSBC, do Cornhill On Tweed solicitors have to pay an annual charge to be on the list of approved solicitors?

We are unaware of any mortgage company fees to register on their panel, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.

I can not work out if my lender requires a lease extension. I have telephoned my Cornhill On Tweed building society branch on a couple of occasions and was told it wasn't an issue and they would lend. My Cornhill On Tweed conveyancing solicitor - who is on the lender conveyancing panel- called to say that they would not lend based on their published requirements. Who do I believe?

Your solicitor must comply with the Council of Mortgage Lenders’ Handbook section two provisions for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company 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 mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

I require quick conveyancing in Cornhill On Tweed as I am under an ultimatum to exchange contracts in less than 4 weeks. Thankfully I do not need a mortgage. Is it possible to escape the need for conveyancing searches to save fees and time?

If.Given you are are a cash buyer you have the choice not to do searches although no lawyer would advise that you don't. Drawing on our experience of conveyancing in Cornhill On Tweed the following are examples of what can be revealed and therefore affect future saleability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Railway Schemes,...

Just had an offer accepted on a new build flat in Cornhill On Tweed. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Cornhill On Tweed

Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

Living abroad I am unable to visit my Cornhill On Tweed conveyancing practitioners office to execute documents for conveyancing in Cornhill On Tweed – will this be problematic?

You need not be concerned. Cornhill On Tweed conveyancing lawyers can handle home moves for clients nationwide. You are unlikely to be required to be present a Cornhill On Tweed conveyancers office. They can deal with all communications via phone, post and email - whatever works for you.