Is it the case that all Lower Clapton solicitors on the Yorkshire BS conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Yorkshire BS approved list of solicitors they would need to be governed by the SRA. Many banks do permit licenced conveyancers on their panel in which case such practice would be overseen by the Council of Licensed Conveyancers.
I have paid off my mortgage with Yorkshire BS. I assume I don't need a Lower Clapton property lawyer on the Yorkshire BS panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Yorkshire BS 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 Yorkshire BS mortgage from the register. Yorkshire BS, 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 Yorkshire BS has sent the Land Registry the discharge electronically, and
- Yorkshire BS has instructed the Land Registry to do so
I have decided to exercise my right to buy my property in Lower Clapton off the council. I have a mortgage agreed with TSB. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with TSB, you will need to appoint a solicitor on the TSB conveyancing panel.
I require expedited conveyancing in Lower Clapton as I am under a deadline to complete within 2 weeks. A home loan is not required. Can I escape the need for conveyancing searches to save fees and time?
As you are not getting a mortgage you are at free not to have searches carried out although no conveyancer would suggest that you don't. With lots of history conveyancing in Lower Clapton the following are instances of issues that can arise and adversely impact future saleability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Road Schemes,...
three months have gone by following my purchase conveyancing in Lower Clapton concluded. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Lower Clapton is the location of the property. What do you suggest?
Flying freeholds in Lower Clapton are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Lower Clapton you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lower Clapton may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Hoping to buy a property located in Lower Clapton and I am already nervous. I couldn't find anything specific about Lower Clapton. Conveyancing will be needed in due course but do you know about the Lower Clapton area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Lower Clapton. In the meantime here are some basic statistics that we found
How much will conveyancing in Lower Clapton cost?
The amount you are charged for Lower Clapton conveyancing costs may differ dramatically from solicitor to solicitor. In the circumstances it is particularly important that you have a complete breakdown of costs when you first choose a solicitor. One should always seek a couple like for like quotes.