Why is leasehold purchase conveyancing in Kingsbridge costs more?
Kingsbridge leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving relevant notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
My brother-in-law has suggested I instruct a conveyancing solicitor in Kingsbridge. I I am struggling to find out whether they are on the The Royal Bank of Scotland approved list of lawyers. Could you advise?
You should contact the lawyer and enquire if they are on the lender panel. Alternatively you should call The Royal Bank of Scotland who may be able to assist.
My wife and I are buying a property in Kingsbridge. It might be a silly question but how we can trust a lawyer? On completion day we have to deposit our life savings into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
My bid for a property was accepted at auction in Kingsbridge. Conveyancing is required. What are my next steps?
Now that you have legally bound yourself to purchase you will need to hire the services of a conveyancing practitioner as a matter of urgency as you will have a pending deadline in which to complete the purchase. An auction property will ordinarily have a corresponding auction set of papers. This will likely include most,if not all of the paperwork that your conveyancer requires. Where you are dealing with leasehold property the auction pack may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to a leasehold property. You must give this to the conveyancer working for you as soon as possible. You also need to ensure that that you have the requisite funding in place to complete the transaction on the set completion date.
I have today made my last payment due on my mortgage with Virgin Money. I assume I don't need a Kingsbridge solicitor on the Virgin Money panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Virgin Money mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Virgin Money mortgage from the register. Virgin Money, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Virgin Money has sent the Land Registry the discharge electronically, and
- Virgin Money has instructed the Land Registry to do so
I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to have this when acquiring a house in Kingsbridge? or I am told that there is historic law that means some owners of property living in a parish church boundary will be compelled to pay for repairs to the chancel within the church. Is this a legitimate concern for conveyancing in Kingsbridge?
Unless a previous purchase of the property took place post 12 October 2013 you may expect conveyancing practitioners delivering conveyancing in Kingsbridge to continue to recommend a chancel search and or insurance against a claim.
I have justbecome aware that Arc property Solicitors have been shut down. They conducted my conveyancing in Kingsbridge for a purchase of a leasehold flat 18 months ago. How can I establish that my home is in my name in the name of the previous owner?
The easiest way to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Kingsbridge conveyancing specialists.
Are there any apps to help search for a Kingsbridge law firm on the Accord Mortgages Ltd conveyancing panel? I am a keen cyclist and am prepared to travel upto 10miles to meet the lawyer.
You can use the facility on this website. Please select a mortgage company and your location and you will see a number of Kingsbridge conveyancing lawyers locally. We have listed some Kingsbridge conveyancing firms towards the end of this page and you can ring them to check whether they are on the Accord Mortgages Ltd member panel