How do I check that the solicitor handling my conveyancing in Rochester is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Bank of Ireland thus paying £192.00 in another set of legal costs.
Please do take advantage of the search tool on this web page. Pick the lender and type ‘Rochester’ or your preferred area and you will be presented with a number of lawyer based in Rochester or near you.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Rochester?
There are two types of lawyers who can carry out conveyancing in Rochester namely licenced conveyancers or solicitors. The two can provide conveyancing services that required to complete the disposal or purchase of property. Both are duty bound to perform Rochester conveyancing to the same standards and guidelines so you may be safe in the knowledge that your conveyancing will be professionally carried out and that all necessary steps should be accurately attended to.
This question may be naive but I am unexperienced as FTB of a two bedroom flat in Rochester. Do I collect the keys to the premises on the completion date from my conveyancer? If this is the case, I will appoint a High Street conveyancing solicitor in Rochester?
There is no need to visit the lawyers office on the day of completion. Your solicitors will electronically transfer the completion advance to the vendor’s solicitors, and shortly after the monies have arrived, you will be called to receive the keys from the property Agents and start moving into the property. Usually this happens early afternoon.
I am selling my apartment. I had a double glazing fitted in April 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, TSB are being difficult. The Rochester solicitor who is on the TSB conveyancing panel is saying indemnity insurance will be fine but TSB are insisting on a building regulation certificate. Why do TSB have a conveyancing panel if they don't accept advice from them?
It is probably the case that TSB have referred the matter to their valuer. The reason why TSB may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Me and my brother own a terraced Georgian house in Rochester. Conveyancing practitioner represented me and Britannia. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
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 Rochester and other locations in the country and poses no real issues for owners other than when they buy 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 lawyer who completed the work.
Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what was supposed to be a simple, chain free conveyancing. Rochester is the location of the property. Can you offer any assistance?
Flying freeholds in Rochester are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Rochester you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Rochester may determine 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 residence.
I am looking into buying my first house which is in Rochester and I am already nervous. I couldn't find anything specific about Rochester. Conveyancing will be needed in due course but do you know about the Rochester area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Rochester. In the meantime here are some basic statistics that we found
My husband and I may need to let out our Rochester garden flat for a while due to a career opportunity. We used a Rochester conveyancing firm in 2001 but they have since shut and we did not have the foresight to get any advice as to whether the lease allows us to sublet. How do we find out?
A lease dictates relations between the freeholder and you the leaseholder; specifically, it will set out if subletting is not allowed, or permitted but only subject to certain caveats. The accepted inference is that if the lease contains no expres ban or restriction, subletting is permitted. Most leases in Rochester do not prevent strict prohibition on subletting – such a provision would adversely affect the market value the flat. Instead, there is usually simply a requirement that the owner notifies the freeholder, possibly supplying a copy of the sublease.
I acquired a ground floor flat in Rochester, conveyancing was carried out half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable flats in Rochester with over 90 years remaining are worth £171,000. The ground rent is £50 yearly. The lease runs out on 21st October 2102
With only 79 years unexpired we estimate the price of your lease extension to range between £8,600 and £9,800 as well as costs.
The figure above a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of detailed investigations. You should not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.