We are getting the release of further funds on our mortgage from Nationwide as we want to carry out renovations to our house in Purley. Are we obliged to appoint a local Purley solicitor on the Nationwide conveyancing panel to deal with the legals?
Nationwide don't usually require a member of their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Nationwide list.
I have paid off my mortgage with Nottingham. I assume I don't need a Purley conveyancing practitioner on the Nottingham panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Nottingham 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 Nottingham mortgage from the register. Nottingham, 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 Nottingham has sent the Land Registry the discharge electronically, and
- Nottingham has instructed the Land Registry to do so
I have finally had an offer on an apartment in Purley agreed to, but there is a chain. The owners have offered on a flat, but it’s not been accepted yet, and have viewings of other properties booked. I have instructed a local conveyancing solicitor in Purley. What should be my next step? When do I get the mortgage application with UBS started?
It is usual to have apprehensions where there is a chain as you are unlikely to want to incur expenses prematurely (home loan application is in the region of one thousand pounds, then valuation, Purley conveyancing search costs, etc). First, you should check that your property lawyer is on the UBS approved list. Regarding the next stages this very much dictated by the circumstances of your transaction, attraction to this property and on the state of the market. During a buoyant market some purchasers would apply for a home loan with UBS and arrange for the valuation and only if it comes back ok would they ask their solicitor to proceed with searches.
A friend suggested that if I am purchasing in Purley I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes quoted for as part of the standard Purley conveyancing searches. It is a large document of about 40 pages, listing and detailing significant information about Purley around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Purley Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Purley Education with plans and statistics, Local Amenities and other useful information regarding Purley.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Purley?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Purley. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what should have been a quick, chain free conveyancing. Purley is the location of the property. What do you suggest?
Flying freeholds in Purley are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Purley you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Purley 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 premises.
Do I have to pop into the offices of the mortgage company conveyancing panel solicitor to sign the legal charge? If so, I will choose one who does conveyancing in Purley so that I can attend their offices when needed.
Most conveyancing panel lawyers for the mortgage company undertake conveyancing via the post, internet or over the phone. This means that they can undertake your Conveyancing Transaction no matter where you live in England or Wales. YOu dont have to use a conveyancing solicitor in Purley. it would nevertheless be wise to check if you can still book an appointment to go into appointed conveyancing lawyer if you prefer.