My partner and I are acquiring our first home. Our solicitor has texted usto ask if we want to take out extra conveyancing searches. As novices we have no idea as to what's relevant for conveyancing in Liphook
The scope of Liphook conveyancing searches should be triggered based entirely on the property, the location, the probability of any of these risks, your familiarity of the region and risks, your general attitude to risk. What is important is that you properly understand what information the searches could give you. You may then decide if you consider that you need that information. Where you are unsure, ask the conveyancing practitioner to provide guidance.
What happens if my lawyer’s firm is expelled from the Clydesdale Conveyancing panel ahead of completing my conveyancing in Liphook?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
I require quick conveyancing in Liphook as I am under an ultimatum to sign on the dotted line in less than one month. A home loan is not required. Is it possible to decline from having conveyancing searches to save fees and time?
As you are are a mortgage free purchaser you are at free not to have searches conducted although no solicitor would recommend that you don't. With plenty of history conveyancing in Liphook the following are instances of issues that can show up and adversely affect future mortgageability: Enforcement Actions, Outstanding Charges, Outstanding Grants, Road Schemes,...
I purchased a semi-detached Edwardian house in Liphook. Conveyancing practitioner acted for me and Alliance & Leicester . I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold under the exact same property. Is it worth asking Alliance & Leicester to clarify?
You should assess 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Liphook and other locations in 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 check the situation with your conveyancing lawyer who conducted the work.
About to purchase a new build apartment in Liphook. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Liphook
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. There must be mutual enforceability of lessee’s covenants. Please confirm the Lease plans are architect prepared. Please supply a car parking plan.
I decided to have a survey carried out on a house in Liphook prior to retaining lawyers. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some lenders tend refuse to give a loan on such a house.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Birmingham Midshires. If you call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Liphook. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Liphook to see if the conveyancing will be more expensive.