Is the fact that my conveyancer in Bosham is not on my lender's solicitor panel that there is a problem with the standard of his conveyancing?
It would not be wise to jump to that conclusion. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) low volume of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Should you be concerned you should simply call the Bosham conveyancing firm and ask them why they are no longer on the approved list for your mortgage company.
This question may be naive but I am wet behind the ears as a first time purchaser of a two bedroom flat in Bosham. Do I pick up the keys to the house on completion from my solicitor? If so, I will instruct a local conveyancing solicitor in Bosham?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the completion advance to the owner’s solicitors, and shortly after the monies have arrived, you should be called to collect the keys from the selling Agents and move into your new home. Usually this happens between 1 and 3pm.
Can you help - my lawyer advises that flying freehold insurance is necessary on my purchase. What is the level of cover for Bosham conveyancing?
The right level of flying freehold indemnity insurance should be dictated by who your lender. It would differ for example between Yorkshire Building Society and Bank of Scotland. Conveyancing solicitors as opposed to members of the public take out such insurances.
I am due to exchange contracts on my flat. I had a double glazing fitted in August 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, TSB are being difficult. The Bosham solicitor who is on the TSB conveyancing panel is recommending indemnity insurance as a solution but TSB are requiring a building regulation certificate. Why do TSB have a conveyancing panel if they don't accept advice from them?
It is probably the case that TSB have referred the matter to their valuer. The reason why TSB may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I got the keys to my flat on 13 January and the transaction details is not yet on the land registry website. Any reason for this? My conveyancing solicitor in Bosham advises it should be dealt with inside ten days. Are transfers in Bosham uniquely lengthy to register?
As far as conveyancing in Bosham is concerned, registration is no quicker or slower than anywhere else in the country. Rather than based on location, timescales can differ subject to who lodges the application, whether there are errors and whether the Land registry have to notify any third parties. As of today approximately three quarters of such applications are fully addressed in less than three weeks but occasionally there can be protracted hold-ups. Registration takes place once the new owner is living at the property therefore post completion formalities is not usually primary concern yet where there is a degree of urgency associated with the registration then you or your conveyancer can communicate with the Registry to express the reasoning for the application to be prioritised.
I am buying a new build flat in Bosham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Bosham
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply a car parking plan. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please confirm the Lease plans are surveyor prepared.
I'm refinancing my primary home to a buy to let loan with Halifax and I will use the rest of the raised equity as a down payment on a second property. The area we are talking about is Bosham. Will your conveyancers be able to act for both sets of banks and tie in the two deals?
Make use of our search tool on this page to ensure that the lawyers are approved by both lenders. Assuming that they are your conveyancer will be able to tie up the two deals but you should have a chat with you solicitor and specify your expectations and needs.
I need to appoint a conveyancing solicitor for some conveyancing in Bosham. I've chance upon a site which looks to be the perfect answer If it is possible to get all formalities done via web that would be ideal. 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?