I am considering applying for a RBS mortgage for purchase of a newly converted (under development) in Ipswich with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for RBS ?
There is nothing to stop you using your solicitor, but RBS will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
What is the difference between a licensed conveyancer and conveyancing solicitor in Ipswich
There are many recorded licenced Conveyancers in Ipswich and Solicitor firms in Ipswich to choose from It is important to make clear that both are regulated professionals specialising in the legal aspects of the home buying process. Both can handle associated property related work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
A relative informed me that in buying a property in Ipswich there may be various restrictions affecting the ability to carry out external changes to a property. Is this right?
We are aware of a number of properties in Ipswich which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Ipswich should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I have instructed a Ipswich property lawyer having made sure that they are on the Aldermore conveyancing panel. Does my lawyer arrange the survey of the property?
Aldermore will need an independent valuation of the property. Your lawyer will not arrange this. Usually Aldermore will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Ipswich surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Me and my brother have a semi-detached Georgian house in Ipswich. Conveyancing solicitor represented me and Santander. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, the second leasehold under the matching address. Is it worth asking Santander to clarify?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Ipswich and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with your conveyancing practitioner who conducted the conveyancing.
I am downsizing from my home. My previous conveyancers has retired. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Ipswich if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Ipswich. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
Expecting to exchange soon on a ground floor flat in Ipswich. Conveyancing solicitors have said that they are sending me a report within the next couple of days. What should I be looking out for?
The report on title for your leasehold conveyancing in Ipswich should include some of the following:
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Does the lease prevent you from subletting the flat, or having a home office for business specifics of the parties to the lease, for example these could be the leaseholder, head lessor, freeholder Additions to the flat Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice? Does the lease prohibit wood flooring?
Ipswich Leasehold Conveyancing - Sample of Queries Prior to buying
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How much is the ground rent and service charge? How long is the Lease?
Why is it not possible to complete my conveyancing in Ipswich on May bank holiday?
This is due to the fact that on completion the purchase price needs to be transferred electronically between the banks of the purchaser and seller's lawyer and currently this can only happen on a business day. So you can't complete on a saturday or sunday either.