Our bank has suggested solicitors on their panel based in Lyme Regis but I would rather instruct a conveyancing lawyer in Lyme Regis or nearer to where I live. Can you assist?
The minority of Lyme Regis conveyancing solicitors are listed all banks conveyancing panel. Use the above search tool to locate a Lyme Regis conveyancing solicitor on the on the mortgage company panel.
If you had a top tip for selecting a conveyancing solicitor in Lyme Regis what would it be?
It would be unwise to be swayed by the lowest Lyme Regis conveyancing costs illustration. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
When it comes to mortgage companies such as UBS, do Lyme Regis conveyancers incur a fee to be on the conveyancing panel?
We are unaware of any bank fees to register on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
I am buying a property in Lyme Regis. One unusual aspect is that the roof has a solar panel. Skipton have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Skipton your lawyer must comply with the formal requirements outlined in Part two of UK Finance Lenders’ Handbook for Skipton. The Council of Mortgage Lenders’ Handbook includes minimum provisions for solar panel roof-space leases, and property lawyers are required to report to Skipton where a lease fails to meet these specifications. The provisions relate to the installation of panels on properties nationwide and is not isolated to Lyme Regis.
I have been told that property searches are the main cause of hinderance in Lyme Regis house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not feature within the common causes of delays during the legal transfer of property. Searches are not likely to feature in any delay in conveyancing in Lyme Regis.
Are there restrictive covenants that are commonly identified as part of conveyancing in Lyme Regis?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Lyme Regis. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
In my capacity as executor for the will of my father I am disposing of a residence in Monmouth but I am based in Lyme Regis. My lawyer (based 250 miles awayrequires that I sign a statutory declaration before completion. Can you recommend a conveyancing lawyer in Lyme Regis to witness this legal document for me?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will do regardless of whether they are Lyme Regis based
We have been advised by various estate agents to expect up to two months for Lyme Regis conveyancing to complete.This was 3 ago. The paperwork was only received to my solicitor yesterday so does the clock start running now?
You should be pragmatic concerning timing. Conveyancing in Lyme Regis usually takes about two months. This time period is not due to lawyer being slow and purposely delay matters. The amount of money involved in buying any property is so high, the purchaser's solicitor having to carry out a wide range of enquiries, searches and further checks to protect the purchaser and their mortgage company (if there is to be a mortgage) from expensive, avoidable problems. These investigations involves obtaining information from a range of third parties, including other property lawyer, local councils, private companies, lenders. Some of these are well organised. Others aren't. It is worth noting that, it doesn't matter how quickly your conveyancer do their part, if the people you are buying from or are selling to aren't ready, nothing can go ahead until they are.