We note that you have a search directory identifying law firms on the RBS conveyancing panel. Do firms pay you a referral fee if I instruct them for our own conveyancing in Weymouth?
We are a listing service only for law firms wishing to communicate if they are on the RBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Weymouth.
I am planning to move house in January. Should my conveyancing solicitor call the removal company on the day of completion. As an aside, can you put forward a removal company in Weymouth. Conveyancing lawyer was organised before I stumbled across your website.
On the afternoon of completion you will need to pick up the house keys from the property agent however this can only take place once the previous owners lawyers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be released. After that you will need to inform the removal company that you are ready to move in. As a matter of policy we do not suggest a specific removal company but can assist you in choosing a conveyancing in Weymouth or a firm that specialises in conveyancing in Weymouth.
I happen to be the only recipient of my late father’s will with all property in now in my sole name, including the house in Weymouth. The Weymouth property was put into my name in November. I plan to dispose of the house. I understand that there is a CML 6 month 'rule', which means that my proprietorship could be considered the same way as though I had purchased the house in November. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook obliges solicitors to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be impacted by that. Some lenders would take a pragmatic view as this provision is primarily there to identify the purchase and immediately sell or the flipping of property.
I can not fathom if my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Weymouth bank branch on various occasions and was told it does not affect the mortgage offer and they will lend. My Weymouth conveyancing solicitor - who is on the mortgage company conveyancing panel- called to say that they would not lend in accordance with their published requirements. I have no idea who is right.
The property lawyer has to follow the Council of Mortgage Lenders’ Handbook Part 2 specifications for your bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
I have been told that property searches are the number one reason for hinderance in Weymouth conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of research by MoveWithUs that conveyancing searches do not figure within the common causes of hindrances in the conveyancing process. Local searches are unlikely to be the root cause of slowing down conveyancing in Weymouth.
About to purchase a new build flat in Weymouth. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Weymouth
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply a car parking plan. 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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I have just appointed agents to market my basement apartment in Weymouth. Conveyancing is yet to be initiated, but I have just had a half-yearly service charge demand – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should discharge the service charge as normal because all ground rent and maintenance payments should be allotted on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless 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. This will smooth the conveyancing process.
I purchased a ground floor flat in Weymouth, conveyancing formalities finalised half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Weymouth with an extended lease are worth £216,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease runs out on 21st October 2093
With only 69 years left to run the likely cost is going to range between £9,500 and £11,000 as well as legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.
My mum and dad cant seem to find their Weymouth property on the HM Land Registry online search facility. They recall that 48 years ago when they acquired the property there were complications concerning Weymouth not being recognised in some systems.
The vast majority of premises in Weymouth should show up. Have you limited your search with just the postcode. Usually it should reveal all the residences within the postcode. Where registered it will be there with a title number. Where they bought 50 years ago it's conceivable it may be not yet registered. The address may still be revealed but with the title number identified as 'na'. In this scenario you will need to track down the original title deeds which may be with your parent’s mortgage company.