My apartment in Liverpool is up for sale and I have a buyer. Does the conveyancer have to be required to be on the TSB conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the TSB conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently currently.
Do I need to pay for insurance to cover chancel repairs when purchasing a residence in Liverpool?
Unless a previous acquisition of the property completed post 12 October 2013 you may assume that lawyers handling conveyancing in Liverpool to remain encouraging a chancel search and or chancel repair liability insurance.
I have recentlybecome aware that Action Conveyancing have been shut down. They carried out my conveyancing in Liverpool for a purchase of a leasehold flat 12 months ago. How can I check that my home is in my name in the name of the former proprietor?
The quickest method to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Liverpool conveyancing specialists.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a quick, no chain conveyancing. Liverpool is the location of the property. Is there any guidance you can give?
Flying freeholds in Liverpool are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Liverpool you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Liverpool may decide 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 residence.
Finally our conveyancing in Liverpool is set to complete on Friday, however the person I am buying from wants to move out the next day at afternoon. Can I agree to such a idea?
You can't complete on a Saturday because the bank systems aren't operating.