Souldretaining a Bitterne conveyancing solicitor make the ownership transfer easier?
In the main conveyancing lawyers in your area will enjoy good relationships with your local authority, which can assist with the Bitterne conveyancing searches that your conveyancer will inevitably need. It also helps if they have strong rapport with the Land Registry covering your area Bitterne, other property lawyers in the location and Bitterne property agents.
Our lawyer has identified a a problem with the lease for the flat we are purchasing in Bitterne. The seller’s lawyers have offered title insurance as a workaround. We are happy with insurance and will cover the costs. Our solicitor says that he must ensure that the lender is willing to move forward with this solution. Who is the client here, us or the mortgage company ?
Even though you have a mortgage offer from the mortgage company does not mean to say that the property will meet their conditions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the mortgage company are the client. The appropriate lender specifications must be adhered to.
It is 10 years ago since I bought my house in Bitterne. Conveyancing solicitors have recently been appointed on the sale but I can't find the title deeds. Is this a major issue?
Don’t worry too much. First the deeds may be retained by your mortgage company or they could be archived with the lawyers who oversaw your purchase. Secondly the likelihood is that the property will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers procuring current official copies of the land registers. Almost all conveyancing in Bitterne involves registered property but in the unlikely event that your property is not registered it adds to the complexity but is not insurmountable.
I just acquired a house at auction in Bitterne. Conveyancing is necessary. What is next?
Given that you are now exchanged you now have to hire the services of a conveyancing practitioner soon as you are facing a tight a drop dead date to complete the property. Every auction property should have a corresponding auction set of papers. This will likely include most,if not all of the paperwork that your conveyancer requires. Where you are dealing with leasehold premises the legal pack may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to a leasehold property. You need to hand this to the solicitor working for you as soon as possible. Do make sure that you have funds organised to complete on the on the contractual date .
Is it correct that all Bitterne CQS (Conveyancing Quality Scheme) solicitors are on the Co-operative conveyancing panel?
It is true that some banks and building societies now use CQS as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of firms.
Completion of my purchase has taken place for my property in Bitterne. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
What does commercial conveyancing in Bitterne cover?
Bitterne conveyancing for business premises covers a broad range of advice, given by regulated solicitors, relating to business premises. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
Due to exchange soon on a basement flat in Bitterne. Conveyancing solicitors inform me that they are sending me a report next week. What should I be looking out for?
Your report on title for your leasehold conveyancing in Bitterne should include some of the following:
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What you can do if an adjoining owner is in violation of a provision in their lease? if lease provides for a sinking fund? You should have a good understanding of the insurance provisions Are pets allowed in the flat? It needs to be made clear to you if the lease allows you to add or improve anything in the premises- you should know whether it applies to all alterations or limited to structural alteration, and whether consent is required
Leasehold Conveyancing in Bitterne - Sample of Questions you should ask before buying
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Its a good idea to find out as much as possible about the company managing the building as they will either make life much easier or much more difficult. Being a leasehold owner you are frequently in the clutches of the managing agents both financially and when it comes to day to day matters such as the upkeep of the common parts. You should not be afraid to ask other tenants if they are happy with them. In conclusion, find out the dates that you are obliged pay the service charge to the relevant party and specifically how they are spending the funds. What restrictions are there in the Bitterne Lease?