I am getting a mortgage with Santander. I intend to use a Licensed Conveyancer in Ottery St Mary. Does the Santander Conveyancing panel exclude Licensed Conveyancers?
The Santander conveyancing panel is, like many other lenders, represented by the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
Can I use your services to recommend a Conveyancing solicitor in Ottery St Mary even where I’m not buying or disposing of a house, for instance if I want to buy an office in Ottery St Mary with a mortgage from Chelsea Building Society?
Our comparison service is primarily used to help choose residential conveyancing solicitors in Ottery St Mary but we have set out at the bottom of this page a selection of Ottery St Mary commercial conveyancing firms. You will need to make contact with the solicitors directly to establish if they are also authorised to represent Chelsea Building Society
Me and my brother have a renovated Victorian property in Ottery St Mary. Conveyancing practitioner acted for me and Yorkshire Building Society. I happened to do a free search for it on the Land Registry database and there are a couple of entries: the first freehold, the second leasehold under the matching property. I thought I was buying a freehold how can I check?
You should read 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 Ottery St Mary and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing practitioner who carried out the work.
I am looking for a leasehold apartment up to £245,000 and identified one near me in Ottery St Mary I like with amenity areas and railway links nearby, however it only has 51 years unexpired on the lease. There is not much else in Ottery St Mary for this price, so just wondered if I would be making a mistake purchasing a short lease?
If you require a mortgage the shortness of the lease may be a potential deal breaker. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you can ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.
Taking into account that I will soon part with hundreds of thousands of pounds on a house in Ottery St Mary I would like to have a conversation with the lawyer about myconveyancing in advance of appointing the firm. Is this something that you can arrange?
We could not agree more - we would be happy to talk to you we do not take any clients on without you liaising with the solicitor who will be doing your property ownership legalities in Ottery St Mary.There is no ‘factory style conveyancing’ - every client is unique individual, not a file reference. The law firms that we put you in touch with believe that the figure you are quoted for residential conveyancing in Ottery St Mary should be the figure that you end up paying.
What are your top tips when it comes to finding a Ottery St Mary conveyancing practice to deal with our lease extension?
If you are instructing a conveyancer for your lease extension (regardless if they are a Ottery St Mary conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you speak with two or three firms including non Ottery St Mary conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be of use:
If the firm is not ALEP accredited then why not? Can they put you in touch with clients in Ottery St Mary who can give a testimonial?
Ottery St Mary Leasehold Conveyancing - Sample of Questions you should consider Prior to buying
Make sure you find out if the the lease includes any unreasonable restrictions in the lease. By way of example plenty of leases prohibit pets being permitted in certain buildings in Ottery St Mary. If you like the propertyin Ottery St Mary but your dog is not allowed to move with you then you have a very hard compromise. How much is the ground rent and service charge?