I am due to exchange buying a house in Belsize Park but as a result of wreckage from a small fire at the property I have was able negotiate compensation from the owner of three thousand pounds by way of a deduction in the price. This was going to be dealt with as part of the conveyancing process yet Clydesdale will not permit this. Why were they informed?
Your lawyer that is on a Clydesdale conveyancing panel is obliged to disclose to Clydesdale of any amendments to the sale price. If you were to refuse your solicitor to notify the price change to Clydesdale then they would have to discontinue acting for you. In addition, Clydesdale and you would have to appoint a new property lawyer for your conveyancing in Belsize Park.
Is it necessary during the course of the conveyancing process to visit the offices of the solicitor to execute the mortgage deed? If so, I will instruct a firm who offer conveyancing in Belsize Park so that I can pop in to their offices if required.
These days approved lawyers for banks undertake the vast majority of communications via the post, internet or over the phone. This enables them to undertake the conveyancing transaction no matter where you live in the country. However you should check if you can still book an appointment to visit conveyancing lawyer if just in case this is required.
Various online forums that I have visited warn that are the primary reason for delay in Belsize Park conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of a review by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of hindrances in the conveyancing process. Searches are not likely to feature in any delay in conveyancing in Belsize Park.
Me and my brother have a semi-detached Georgian house in Belsize Park. Conveyancing practitioner acted for me and Leeds Building Society. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, another for leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You need to read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Belsize Park and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with your conveyancing lawyer who conducted the purchase.
I am selling my property. My former conveyancers closed down. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Belsize Park if that makes things easier.
You should use our search tool to help you find a solicitor for your conveyancing in Belsize Park. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
What is the reason for my conveyancer requiring numerous items of ID ahead of starting my conveyancing in Belsize Park?
Belsize Park conveyancing practitioners are obliged by the Law Society, Solicitors Regulation Authority, HM Land Registry and current AML legislation to record that the have checked the identity of their clients. It is also sometimes a requirement of your mortgage offer. Furthermore they have to complete various forms, particularly those relating to SDLT and need to have details such as your full names, NI number and date of birth.