I am under pressure from the seller of a property in Brigg to sign contracts within four weeks. What can I do to expedite matters?
In the event that you are under a tight deadline to exchange it is highly recommended that your conveyancer is familiar with the area as they will have local relationships and intelligence. It is possible that they could have conducted previoushouses in the same street. You would be best advised to use a Brigg conveyancing lawyer. In addition, make sure that the lawyer is on the member panel. It is estimated that nearly one in five of Brigg conveyancing deals are delayed or jeopardised after finding out that a buyer’s conveyancer was not on their mortgage lender’s panel. This can often result in the legal process being frustrated by almost 21 days. It is claimed that this issue impacts approximately 100,000 home moves every year. Most Brigg conveyancing practices can not act for certain mortgage companies so do check as early as possible.
Are the Brigg conveyancing solicitors identified as being on the Santander conveyancing panel, together with their details provided by Santander?
Brigg conveyancing firms themselves provide us confirmation that they are on the Santander conveyancing panel as opposed to being supplied with a list from Santander directly.
I have been told that property searches are the main cause of hinderance in Brigg conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the determinations of research by MoveWithUs that conveyancing searches do not figure within the common causes of delays in the conveyancing process. Searches are unlikely to be the root cause of delay in conveyancing in Brigg.
Me and my brother own a semi-detached Georgian house in Brigg. Conveyancing practitioner acted for me and Bank of Ireland. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold with the exact same property. If a house is not a freehold shouldn't I have been informed?
You need to 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 Brigg and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with your conveyancing practitioner who carried out the work.
I am buying a new build flat in Brigg. Conveyancing is necessary evil 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 conveyancing.
Here is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Brigg
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Please supply a car parking plan. 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. 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. 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 the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
Me and my wife accepted an offer on a Brigg ground floor flat we inherited six years ago in 2011. I have over a decades worth of conveyancing experience and, although retired, intend to undertake my own conveyancing. The buyer's property lawyer has informed me that their Lenders will not allow us to do our own conveyancing as they require the funds to be passed via a solicitor's bank account.
Mortgage instructions to lawyers from all CML members state that If the vendor is not legally represented the buyer’s lawyers should check whether the bank needs to be informed so that a decision can be made as to whether or not they are prepared to move forward.