My Solicitor in Dartmouth is not listed on the Bank of Ireland Conveyancing Panel. Is it possible for me to continue with my family solicitor notwithstanding that they are not on the Bank of Ireland approved list?
Your options are as follows:
- Carry on with your existing Dartmouth lawyers but Bank of Ireland will need to instruct a conveyancer on their panel. This will inevitably rack up the total legal charges and cause frustration.
- Choose a new practitioner to act in the purchase, remembering to check they are Persuade your conveyancer to do everything within their powers to join the Bank of Ireland conveyancing panel
A friend advised me that if I am buying in Dartmouth I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally included in the estimate for your Dartmouth conveyancing searches. It is not a small document of about 40 pages, listing and setting out important information about Dartmouth around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Dartmouth Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Dartmouth Education with plans and statistics, Local Amenities and other useful information regarding Dartmouth.
Are there restrictive covenants that are commonly picked up during conveyancing in Dartmouth?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Dartmouth. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Over the last few months I have been searching for a ground for flat up to £235,500 and found one round the corner in Dartmouth I like with open areas and railway links in the vicinity, the downside is that it's only got 49 years on the lease. I can't really find anything else in Dartmouth for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a home loan the shortness of the lease may be a potential deal breaker. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least 2 years you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
I need to find a conveyancing solicitor for remortgage conveyancing in Dartmouth. I've discover a web site which looks to be the ideal offering If there is a chance to get all formalities completed via phone that would be ideal. Should I be concerned? 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?
My lawyer in Dartmouth has informed me that he requires identification documents saying that this forms part of his legal duty as a conveyancer on the bank Solicitor panel. Can you confirm whether this is the case?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the bank. This is not unique to conveyancing in Dartmouth