I was notified yesterday by my mortgage broker that my Sea Mills lawyer is not on the mortgage company Conveyancing panel. What can I do to be certain if this is indeed the case?
You need to call your Sea Mills lawyer directly. It is reasonable to expect your lawyer to advise you of the situation. If they are not on the panel they may recommend you to a Sea Mills conveyancing firm that is on the approved list of lawyers for your lender.
At what point can the exchange of contracts occur in sale conveyancing in Sea Mills and do I need to be at the solicitors office?
If you are near to our conveyancing solicitors in Sea Mills you are welcome to come in to sign documents. However, the law practices we work with provide countrywide coverage for conveyancing and provide just as diligent and professional a job for you when communicating with you by post or email. The executing of the contract is not the critical part. A signed contract simply enables the firm to address the formalities at the suitable time, which is ordinarily shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Sea Mills)to be in the office available at the end of the phone to exchange contracts.
I require expedited conveyancing in Sea Mills as I have a deadline to sign on the dotted line inside 4 weeks. A home loan is not required. Can I decline from having conveyancing searches to save fees and time?
As you are not obtaining a mortgage you are at liberty not to have searches conducted although no lawyer would recommend that you don't. Drawing on years of experience of conveyancing in Sea Mills the following are examples of issues that can show up and adversely impact future saleability: Enforcement Actions, Overdue Fees, Overdue Grants, Road Schemes,...
four months have gone by following my purchase conveyancing in Sea Mills concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. 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 asset 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.
The estate agent has sent us the confirmation of our purchase of a new build flat in Sea Mills. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Sea Mills
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what should have been a simple, chain free conveyancing. Sea Mills is where the house is located. Can you shed any light on this issue?
Flying freeholds in Sea Mills are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sea Mills you must be sure that your lawyer goes through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sea Mills 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.