We are expecting a mortgage offer soon. The bank mentioned the loan came with free conveyancing. Is the implication that I have to appoint their panel lawyer as I would much rather instruct a specialised conveyancing solicitor in Martlesham Heath?
Do check but the the likelihood is that appoint one of their panel lawyers where you accept the "fee-free" deal. Speak to the bank and explore if they offer you a cash alternative. Some banks have previously offered a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor near Martlesham Heath.
I am purchasing a property in Martlesham Heath. One unusual aspect is that the roof has a solar panel. Co-operative have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Co-operative your lawyer must comply with the conveyancing requirements outlined in Section 2 of UK Finance Lenders’ Handbook for Co-operative. The Council of Mortgage Lenders’ Handbook stipulates minimum conditions for solar panel roof-space leases, and property lawyers are required to report to Co-operative where a lease fails to meet these conditions. The specifications relate to the installation of panels on properties nationwide and is not isolated to Martlesham Heath.
My partner and I are in the throws of looking at flats in Martlesham Heath and I am about to put in an offer. Should I already have a solicitor appointed at this point? I am planning to take a home loan with Nottingham.
You should start obtaining conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the EA. As you are seeking a mortgage with Nottingham, make sure you remember to check that your lawyer is on the Nottingham conveyancing panel.
I can not work out if my mortgage offer requires a lease extension. I have telephoned my Martlesham Heath bank branch on various occasions and was told they are content with the situation and they would lend. My Martlesham Heath conveyancing solicitor - who is on the lender conveyancing panel- called to say that they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
The conveyancer has to comply with the Council of Mortgage Lenders’ Handbook Part 2 specifications for your lender. Unless your lawyer obtains specific confirmation in writing that the bank 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 remaining.
I have recentlydiscovered that Arc property Solicitors have closed. They carried out my conveyancing in Martlesham Heath for a purchase of a freehold house 9 months ago. How can I be sure that the property is not still registered in the name of the former proprietor?
The easiest way to check if the premises is registered to you, you can carry out 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 Martlesham Heath conveyancing specialists.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what should have been a simple, chain free conveyancing. Martlesham Heath is the location of the property. Is there any guidance you can impart?
Flying freeholds in Martlesham Heath are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Martlesham Heath you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Martlesham Heath 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 residence.
My mother and father cant seem to find their Martlesham Heath land registry title on the site. They have a vague recollection back in the 70’s when they acquired the bungalow there were complications concerning Martlesham Heath not being recognised in some systems.
Almost all premises in Martlesham Heath should appear. Have you tried a search with just the postcode. Usually it should reveal all the residences inside the postcode. Where recorded it will be there with a title number. If they bought back in the 60’s it's conceivable it may be unrecorded. The property could still be revealed but with the title number identified as 'na'. In this scenario you will need to find the original title deeds which may be with your parent’s mortgage company.