We're in Bishopston, First time buyers buying with a mortgage (lender is UBS , and our solicitor is on the UBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the UBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
Have purchased a a semi-detached house in Bishopston , how long will it take for the Land Registry to record my title? My Bishopston conveyancing solicitor has been painfully slow, so I want to check the land registry aspects are addressed.
As far as conveyancing in Bishopston is concerned, registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timescales can differ subject to the party submitting the application, whether it is in order and whether the Land registry have to notify any 3rd parties. Currently roughly three quarters of such applications are fully addressed in less than three weeks but occasionally there can be longer hold-ups. Historically registration occurs after the purchaser has moved in to the property so 'speed' is not typically an essential issue but where it is urgent that the the registration takes place urgently then you or your solicitor could communicate with the Registry to express the reasoning for an expedited registration.
How does conveyancing in Bishopston differ for newly converted properties?
Most buyers of new build premises in Bishopston contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is built. This is because house builders in Bishopston typically buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Bishopston or who has acted in the same development.
I've recently found out that there is a flying freehold element on a house I have offered on last month in what was supposed to be a simple, no chain conveyancing. Bishopston is the location of the property. Can you shed any light on this issue?
Flying freeholds in Bishopston are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Bishopston you must be sure that your lawyer goes 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 Bishopston may decide 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.
I am in need of some leasehold conveyancing in Bishopston. Before diving in I would like to find out the unexpired term of the lease.
If the lease is registered - and most are in Bishopston - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Leasehold Conveyancing in Bishopston - Examples of Queries before Purchasing
In the main the outlay for major works tend not to be included within service charges, although a few managing agents in Bishopston ask tenants to pay into a sinking fund and this is used to offset against major works. Be sure to find out if the the lease contains any adverse restrictions in the lease. For example plenty of leases prohibit pets being allowed in certain buildings in Bishopston. If you love the apartmentin Bishopston yet your cat is not allowed to live with you then you will be presented with a hard determination.
My parents are unable to locate their Bishopston land registry title on the website. They have a vague recollection 50 years ago when they acquired the house there were complications concerning the address not being identified on some systems.
Nearly all properties in Bishopston should be revealed. Have you tried a search to simply the postcode. Usually it will reveal all the premises within the postcode. Assuming the property is registered it will show up with a title number. Where they bought back in the 70’s it's conceivable it may be unrecorded. The address may still be revealed but with the title number identified as 'na'. In this scenario you will need to locate the original title deeds which may be with your parent’s bank.