When can the exchange of contracts happen for domestic conveyancing in Bournemouth and am I required to attend the lawyers branch?
If you are local to one of the conveyancing solicitors in Bournemouth you are invited in to sign the paperwork. That being said, the firms we work with offer countrywide coverage for conveyancing and provide just as comprehensive and professional a job for you when communicating with you by post or email. The signing of the contract is not the point of no return. A signed contract is necessary for the solicitor to exchange contracts when the time is right, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Bournemouth)to be in the office at the appropriate time.
I am in the process of refinancing my property in Bournemouth, does my lawyer have to be on the UBS Conveyancing panel?
There is nothing to stop you using your solicitor, but UBS will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
My wife and I own a semi-detached Edwardian house in Bournemouth. Conveyancing lawyer acted for me and TSB. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold under the exact same property. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bournemouth 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 buyers. You can also question the situation with your conveyancing solicitor who carried out the work.
I'm purchasing a new build house in Bournemouth with the aid of help to buy. The sellers refused to move on the amount so I negotiated £7000 of extras instead. The sale representative suggested that I not to tell my solicitor about this side-deal as it will adversely affect my mortgage with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I have been recommended by numerous property agents in Bournemouth to find a property lawyer on your site. Is there a financial upside for Estate Agents to market your lawyers rather than alternative conveyancing organisations?
We don’t offer any commission for pointing buyers and sellers our way. We thought it would be too underhand a fee because a client could think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
My a decade ago. He has got married, widowed and in recent months got remarried. He will be marketing the apartment this May. I suspect that he will just be need to provide a copy of his marriage certificates to the lawyer but he is worried it will delay the sale of the property. Is it worth updating the Land Registry documents for the property?
It is not absolutely necessary to update the title for the property providing you have the proof needed to show how the name change occurred.
The buyer’s conveyancing practitioner should review the title information and need evidence to prove the change of name for instance marriage certificates.