We have agreed to purchase a house in Corfe Castle. An unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Virgin Money be concerned?
Given that your lender is Virgin Money your lawyer must comply with the formal instructions set out in Section 2 of UK Finance Lenders’ Handbook for Virgin Money. The CML Handbook contains minimum requirements for solar panel roof-space leases, and conveyancers are required to report to Virgin Money where a lease fails to comply with these requirements. The provisions relate to the installation of panels on properties in England and Wales and is not isolated to Corfe Castle.
My fiancee and I are spending time viewing houses in Corfe Castle and I am now considering a potential offer. Should I already have a conveyancer appointed at this stage? I will be getting a home loan with Skipton.
You should start obtaining conveyancing quotes 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 pass their details on to the estate agent. Given that you are getting a mortgage with Skipton, ask your prospective lawyers if they are on the Skipton conveyancing panel otherwise they can't do the mortgage legal work.
After much negotiation I have agreed a price on an apartment in Corfe Castle. My financial adviser recommended their conveyancers. I paid an on account payment of £175. Soon after, the property lawyer contacted me sheepishly admitting that they were not on the HSBC conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the HSBC panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I am looking for a flat up to £245,000 and identified one round the corner in Corfe Castle I like with open areas and transport links in the vicinity, however it only has 52 years on the lease. There is not much else in Corfe Castle in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a home loan that many years will be a potential deal breaker. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
Hoping to buy a property located in Corfe Castle and I am already nervous. I couldn't find anything specific about Corfe Castle. Conveyancing will be needed in due course but do you know about the Corfe Castle area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Corfe Castle. In the meantime here are some basic statistics that we found
I need to find a conveyancing solicitor for my conveyancing in Corfe Castle. I happened to land on a site which appears to be the perfect solution If there is a chance to get all this stuff completed via phone that would be preferable. Do I need to be concerned? What should out be looking out for?
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?
Should I stop the direct debit for my mortgage with Leeds Building Society once a completion date for my sale in Corfe Castle has been agreed?
You are best advised to keep paying any mortgage payments to Leeds Building Society pending the mortgage being discharged out of the proceeds of sale as part of your Corfe Castle conveyancing.