Much to our surprise we have been notified by our IFA that my Bowthorpe the law firm I have appointed is not on the bank Solicitor panel. How can I check?
Your first step should be to contact your Bowthorpe lawyer directly. It is reasonable to expect your lawyer to advise you of the situation. If they are not on the panel they may be able to suggest a Bowthorpe conveyancing firm that is on the conveyancing panel for your bank.
We're in Bowthorpe, FTBs purchasing with a mortgage (lender is Coventry BS , and our solicitor is on the Coventry BS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Coventry BS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I have been told that property searches are the primary reason for stalling in Bowthorpe house deals. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the findings of a review by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of delays during the legal transfer of property. Local searches are unlikely to feature in any delay in conveyancing in Bowthorpe.
I have justbeen informed that Stirling Law have closed. They conducted my conveyancing in Bowthorpe for a purchase of a leasehold apartment 10 months ago. How can I establish that the property is in my name in the name of the previous owner?
The quickest method to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Bowthorpe conveyancing specialists.
Over the last few months I have been searching for a flat up to £195,000 and found one near me in Bowthorpe I like with a park and transport links nearby, the downside is that it's only got 51 remaining years left on the lease. There is not much else in Bowthorpe for this price, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you need a home loan the shortness of the lease will be problematic. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you could ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this.
After what seems like an age a mortgage offer from a lender for the refinancing of my 3 bedroom maisonette is coming within the next few days. Can you recommend an efficient remortgage conveyancing practitioner in Bowthorpe ?
This site is not designed to help in pursuit of the cheapest conveyancing solicitors in Bowthorpe. Our intention is to offer excellent value conveyancing but our intention is not to work with the cheapest lawyers. Do not be fooled by companies offering low cost conveyancing in Bowthorpe.In your best case scenario, in opting for cheap conveyancing, you will get what you pay for and at worst you will end up invoiced for extras and still not get the service you were looking for.