My financial adviser has asked me for my Dorchester solicitor’s panel member for the Nationwide conveyancing panel. What is the best way to discover this. I have tried my local Dorchester branch but they have not got back to me yet.
The sensible thing to do is ask for this information from your Dorchester lawyer . Most Dorchester conveyancing practices will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
It is is a decade since I bought my property in Dorchester. Conveyancing lawyers have just been appointed on the sale but I can't locate my deeds. Is this a major issue?
Don’t worry too much. Firstly there is a chance that the deeds will be retained by the lender or they could be in the possession of the solicitor who oversaw your purchase. Secondly in most cases the land will be registered at the land registry and you will be able to establish that you own the property by your conveyancing solicitors procuring up to date copy of the land registers. Nearly all conveyancing in Dorchester involves registered property but in the rare situation where your property is not registered it adds to the complexity but is resolvable.
Do the Building Society Association intend to launch a searchable register to to identify practices on the Loughborough BS conveyancing panel for example in Dorchester?
We have not been informed any plans on the part of the BSA to develop such a register.
Will my solicitor be asking questions concerning flooding during the conveyancing in Dorchester.
Flooding is a growing risk for lawyers carrying out conveyancing in Dorchester. Plenty of people will purchase a property in Dorchester, completely aware that at some time, it may suffer from flooding. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to obtain a mortgage, suitable building insurance, or dispose of the property. There are steps that can be taken during the course of a property purchase to forewarn the purchaser.
Solicitors are not best placed to offer advice on flood risk, however there are a number of searches that may be carried out by the buyer or on a buyer’s behalf which can give them a better appreciation of the risks in Dorchester. The conventional set of information given to a purchaser’s conveyancer (where the Conveyancing Protocol is adopted) includes a standard question of the vendor to discover whether the premises has historically flooded. If flooding has previously occurred which is not revealed by the owner, then a purchaser could bring a compensation claim stemming from an incorrect response. The buyer’s solicitors should also order an enviro report. This will disclose whether there is any known flood risk. If so, further inquiries will need to be carried out.
I am downsizing from my property. My former lawyers closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Dorchester if that affects matters.
Do use our search tool to help you find a solicitor for your conveyancing in Dorchester. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
Can you provide any advice for leasehold conveyancing in Dorchester from the point of view of speeding up the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Dorchester can be bypassed where you appoint lawyers as soon as you market your property and request that they start to put together the leasehold information needed by the buyers’ conveyancers. Many freeholders or Management Companies in Dorchester charge for providing management packs for a leasehold home. You or your lawyers should enquire as to the actual amount of the charges. The management information can be applied for as soon as you have a buyer, thus accelerating the process. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most usual cause of frustration in leasehold conveyancing in Dorchester. In the event that you altered the property did you need the Landlord’s consent? Have you, for example laid down wooden flooring? Most leases in Dorchester state that internal structural changes or laying down wooden flooring calls for a licence from the Landlord consenting to such works. Where you dont have the consents to hand you should not contact the landlord without contacting your lawyer first. If there is a history of any disputes with your freeholder or managing agents it is essential that these are settled before the property is put on the market. The buyers and their solicitors will be reluctant to purchase a property where there is a current dispute. You may need to swallow your pride and discharge any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the buyers, but it is clearly preferable to present the dispute as over rather than unresolved. If you hold a share in a the freehold, you should ensure that you have the original share certificate. Arranging a replacement share certificate can be a time consuming formality and slows down many a Dorchester conveyancing deal. Where a duplicate share certificate is required, do contact the company director and secretary or managing agents (if relevant) for this sooner rather than later.
Dorchester Leasehold Conveyancing - A selection of Questions you should ask Prior to Purchasing
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What is the maintenance charge and ground rent on the flat? The prefered form of lease arrangement is if the freehold title is in the ownership of the leaseholders. In this scenario the tenants have control and even though a managing agent is often employed if the building is bigger than a house conversion, the managing agent is directed by the tenants. Is the freehold owned collectively by the tenants?