We are due to exchange on the purchase of a house in Liskeard but as a result of wreckage from a small fire at the property I have was able negotiate reparation from the seller in the sum of £2k in the form of a reduction in the price. This was going to be dealt with as part of the conveyancing process however Leeds Building Society are not allowing this. Why were they informed?
The property lawyer being on a Leeds Building Society conveyancing panel is obliged to inform Leeds Building Society of any amendments to the purchase price. If you were to refuse your solicitor to report the price change to Leeds Building Society then they would have to discontinue acting for you. In addition, Leeds Building Society and you would have to appoint a new solicitor for your conveyancing in Liskeard.
Why do I have to pay up front for my conveyancing in Liskeard?
If you are buying a property in Liskeard your lawyer will request that you place them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the conveyancing searches. When the down payment is as part of the total price then this will be required shortly before contracts are exchanged. Any further balance that is needed should be sent to your lawyer a few days ahead of the completion date.
We are purchasing a apartment in Liskeard. I might seem paranoid but how we can trust a solicitor? At some point we will need to deposit money 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.
I am buying a property in Liskeard. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender HSBC be concerned?
As your lender is HSBC your lawyer must comply with the conveyancing instructions set out in Part 2 of UK Finance Lenders’ Handbook for HSBC. The CML Handbook stipulates minimum provisions for solar panel roof-space leases, and solicitors are required to report to HSBC where a lease does not comply with these provisions. The conditions relate to the installation of panels on properties countrywide and is not limited to Liskeard.
Completion of my purchase has taken place for my property in Liskeard. Conveyancing was of an acceptable standard but I would like to complain about the lender. How do I make a complaint?
Most lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. We understand that complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
What can a local search inform me regarding the property we're buying in Liskeard?
Liskeard conveyancing often starts with the applying for local authority searches directly from your local Authority or through a personal search organisations such as Searches UK The local search plays an important part in many a Liskeard conveyancing purchase; as long as you don’t want any nasty once you have moved into your property. The search will supply data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
My wife and I purchased a semi-detached Edwardian house in Liskeard. Conveyancing solicitor represented me and Virgin Money. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, another for leasehold under the exact same property. I thought I was buying a freehold how can I check?
You need to review the Freehold register you have again and check the Charges Register for 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 Liskeard 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 check the situation with the conveyancing lawyer who carried out the work.
What does commercial conveyancing in Liskeard cover?
Non domestic conveyancing in Liskeard incorporates a wide range of advice, offered by qualified solicitors, relating to business property. By way of example, 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 mortgages and the termination of tenancies.