We are hoping to acquire a 2 bedroom apartment in Highbridge with a mortgage. We would like to retain our Highbridge conveyancer, but the mortgage company says he's not on their "panel". It seems we have little choice but to instruct one of the bank panel conveyancing practices or keep our Highbridge conveyancer as well as pay for one of their panel firms to act for them. This seems very unfair; can we not insist that the lender use our Highbridge conveyancing practitioner ?
Unfortunately,no. Your mortgage offer is subject to its terms and conditions, one of which will be that lawyers will on the lender’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Highbridge conveyancing lawyer to apply to be on the conveyancing panel.
Would the conveyancing solicitors identified via your search tool conduct attended exchange conveyancing in Highbridge?
There are a few conveyancing experts who can conduct personalised exchanges. Please contact us to obtain a conveyancing quote and details as to availability.
I purchased a freehold house in Highbridge but nevertheless charged rent, why is this and what is this?
It’s unusual for properties in Highbridge and has limited impact for conveyancing in Highbridge but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence after 2037 will be dispensed with completely.
Do I find a Licenced Conveyancer or Solicitor for conveyancing in Highbridge?
Two types of professional can do conveyancing in Highbridge namely licenced conveyancers or solicitors. The two can handle conveyancing services that you need to complete the sale or purchase of property. They are both obliged to carry out Highbridge conveyancing on similar standards and guidelines so you may be safe in the knowledge that your conveyancing will be professionally conducted and that all requisite procedures will be accurately adhered to.
I just acquired a house at auction in Highbridge. Conveyancing is needed. What is next?
Given that you are now legally committed yourself to purchase you will need to hire the services of a conveyancing lawyer soon as you are facing a fast approaching a drop dead date to complete the property. All auction property will have a bespoke legal set of papers. This will likely include the copy title deeds, local authority and drainage searches. In the case of leasehold property the legal pack may include a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to a leasehold property. You should pass this on to your appointed conveyancing solicitor ASAP. Do make sure that you have funds in place to complete the transaction on the set completion date.
Forgive me if this question is silly but I am unseasoned as a 1st time purchaser of a garden flat in Highbridge. Do I pick up the keys to the premises on the completion date from my conveyancer? If this is the case, I will instruct a local conveyancing solicitor in Highbridge?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will electronically transfer the purchase money to the vendor’s conveyancers, and shortly after the monies have arrived, you should be invited to pick up the keys from the Estate Agents and move into your new home. This tends to happen between 1 and 3pm.
What does commercial conveyancing in Highbridge cover?
Non domestic conveyancing in Highbridge incorporates a wide range of advice, offered by regulated solicitors, relating to business premises. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
In my capacity as executor for the will of my grandfather I am disposing of a residence in Newport but I am based in Highbridge. My conveyancer (who is 300 miles awayhas requested that I sign a stat dec before completion. Can you recommend a conveyancing lawyer in Highbridge to witness and place their company stamp on the document?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are Highbridge based