Are the BSA planning on creating a online directory to list solicitors on the Coventry BS conveyancing panel for instance in Easton?
We have not been informed any plans on the part of the BSA to promote such a register.
A friend advised me that if I am purchasing in Easton I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes quoted for as part of the standard Easton conveyancing searches. It is a large report of about 40 pages, listing and detailing significant information about Easton around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Easton Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Easton Education with maps and statistics, Local Amenities and other useful data about Easton.
I am buying a new build flat in Easton. Conveyancing is necessary evil 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 should expect your new-build leasehold conveyancing in Easton
-
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are surveyor prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
I've recently found out that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a quick, chain free conveyancing. Easton is the location of the property. Can you offer any assistance?
Flying freeholds in Easton are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Easton you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Easton may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
I am a fortnight into a leasehold purchase having been directed to solicitors by the selling agent to execute conveyancing in Easton. I am am very dissatisfied with the quality of service. Could you you assist me in finding new lawyers?
A conveyancer would need to be very poor in order to consider replacing them. Has the loan offer been sent? If so you must inform them of the new contact details and have the offer are re-sent. Your solicitor ideally should be on the banks approved list to avoid added fees and frustration. That should be your first question of the new lawyers. Our find a solicitor tool will assist you in finding a bank approved lawyer for your home move in Easton
My wife and I have instructed a Easton conveyancing solicitor for our house purchase (FTB’s) and have noticed in the terms and conditions that they are not covered by the Financial Conduct Authority. Am I right to be concerned or is that usually the case with property lawyer?
We can't see why they should be. Most conveyancer don't lend money. They will be governed by the Solicitors Regulation Authority, who have stringent stipulations in place on amounts deposited by them.