I am purchasing a flat and require a conveyancing solicitor in Shepshed who is on the Lloyds TSB Bank conveyancing. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Lloyds TSB Bank in certain locations such as Shepshed. We dont recommend any particular firm.
We expect to receive a AIP from Co-operative this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Co-operative recommend any Shepshed solicitors on the Co-operative conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Shepshed solicitors independently although you'll need to choose one on the Co-operative conveyancing panel. The solicitor represents both you and Co-operative through the process.
I was told four weeks ago that my mortgage has been agreed to by HSBC. Is it usual for HSBC to only issue the offer once my solicitor in Shepshed is approved on their conveyancing panel? HSBC have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for HSBC to deal with your lawyer's application to be on the HSBC conveyancing panel. There's no guarantee that your solicitor will be accepted.
After shopping around on the internet I have found a Shepshed lawyer having checked that they are on the TSB conveyancing panel. Does my lawyer arrange the survey of the property?
TSB will need an independent valuation of the property. Your lawyer will not arrange this. Usually TSB will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Shepshed postcode. As you are getting a mortgage with TSB, you could contact them to see if they have a list of approved surveyors in Shepshed.
Despite weeks of looking the Title Certificate and documents to our house are lost. The solicitors who conducted the conveyancing in Shepshed 4 years ago no longer exist. What do I do?
Gone are the days when you need to hold title official documentation to prove you are the registered proprietor of land or premises, as the Land Registry have everything they need in a digital format.
I am looking for a leasehold apartment up to £305k and found one near me in Shepshed I like with open areas and transport links nearby, the downside is that it only has 52 years unexpired on the lease. There is not much else in Shepshed suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a home loan the remaining unexpired lease term may be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least 2 years you can request that they start the process of the extension 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 matter.
I need to retain a conveyancing solicitor for residential conveyancing in Shepshed. I have chance upon a site which seems to have the ideal answer If there is a chance to get all this stuff completed via email that would be preferable. Do I need to be wary? 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?