Me and my partner are buying a flat in Tidworth. It might be a silly question but how we can trust a conveyancer? At some point we have to put funds into their account. What is the protection we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Have just purchased a probate house at auction in Tidworth. Conveyancing is necessary. What are my next steps?
Given that you are now exchanged you now have to retain a conveyancing solicitor soon as you now have a pending a fixed date to complete the property. Every auction property will have a bespoke legal set of papers. This should include most,if not all of the paperwork that your conveyancer will need. Where you are dealing with leasehold premises the auction pack should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation pertinent to a leasehold property. You must pass this on to your appointed conveyancing solicitor ASAP. Do make sure that that you have the requisite funding in order to complete the transaction on the set completion date.
I have paid off my mortgage with TSB. I assume I don't need a Tidworth solicitor on the TSB panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your TSB 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 TSB mortgage from the register. TSB, 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 TSB has sent the Land Registry the discharge electronically, and
- TSB has instructed the Land Registry to do so
I require expedited conveyancing in Tidworth as I am faced with an ultimatum to complete within 2 weeks. Thankfully I do not need a mortgage. Is it possible to decline from having conveyancing searches to save money and time?
As you are are a cash purchaser you have the choice not to do searches although no conveyancer would suggest that you don't. With lots of history conveyancing in Tidworth the following are examples of what can appear and adversely impact future mortgageability: Enforcement Actions, Overdue Fees, Outstanding Grants, Unadopted Roads,...
I acquired my flat on 13 March and the transaction details are still not registered. Should I be concerned? My conveyancing solicitor in Tidworth said it will be concluded in a couple of weeks. Are titles in Tidworth uniquely lengthy to register?
There is nothing unique about conveyancing in Tidworth registration formalities. As opposed to being determined by geographic area, timescales can vary depending on who lodges the application, whether it is in order and if the Land registry communicate with any 3rd persons or bodies. At present in the region of 80% of such applications are fully addressed in less than three weeks but some can be subject to extensive delays. Registration takes place after the buyer has moved in to the property thus registration formalities is not usually top priority yet if there is a degree of urgency associated with the registration then you or your solicitor can communicate with the Registry to express the reasoning for the application to be prioritised.
Just had an offer accepted on a new build apartment in Tidworth. Conveyancing is daunting 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 Tidworth
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Please supply a car parking plan. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I'm converting the mortgage on my primary property to a buy to let mortgage with The Royal Bank of Scotland and intend to use the remaining equity towards further house. The area we are interested in is Tidworth. Will your lawyers be able to act for both sets of mortgage companies and link together the transactions?
Do use our search tool on this page to be sure that the solicitors are on the relevant lender panels. On the basis that they are your lawyer will be able to tie up the two transactions but you should talk with you conveyancer and make apparent your desired outcome and needs.
Estate agents have just been given the go-ahead to market my basement flat in Tidworth. Conveyancing solicitors are to be appointed soon, however I have recently received a half-yearly service charge invoice – Do I pay up?
The sensible thing to do is clear the invoice as you normally would as all rents and service invoices should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Tidworth Leasehold Conveyancing - Examples of Queries Prior to Purchasing
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Is there a share of the freehold? Make sure you find out if there are any onerous restrictions in the lease. For instance it is very common in Tidworth leases that pets are not allowed in in a block in Tidworth. If you like the apartmentin Tidworth yet your dog is not allowed to live with you then you will be faced hard compromise. The prefered form of lease structure is a share of the freehold. In this situation the leaseholders enjoy control and although a managing agent is often employed where it is bigger than a house conversion, the managing agent is directed by the tenants.