As someone with no idea as to conveyancing in Bury what is the number one tip you can impart concerning the legal transfer of property in Bury
Not many law firms or advisers will tell you this but conveyancing in Bury and elsewhere in England and Wales is often a confrontational process. In other words, when it comes to conveyancing there exists plenty of room for friction between you and other parties involved in the transaction. E.g., the seller, property agent and on occasion a mortgage company. Selecting a law firm for your conveyancing in Bury an important selection as your conveyancer is your adviser, and is the ONE person in the transaction whose interest is to protect your legal interests and to protect you.
Every so often a third party with a vested interest may try and convince you that you should follow their advice. As an example, the property agent may claim to be helping by suggesting your lawyer is dragging his heels. Or your mortgage broker may tell you to do something that is against your lawyers guidance. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
What is the difference between a licensed conveyancer and conveyancing solicitor in Bury
There are many recorded licenced Conveyancers in Bury and Solicitor practices in Bury who provide Conveyancing services We would stress that the two are supervised by regulatory bodies with both specialising in the legal work in the home buying process. The two can handle other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
A relative pointed out to me me that in buying a property in Bury there could be various restrictions prohibiting external alterations to a property. Is this right?
There are anumerous of properties in Bury which have some sort of restriction or requirement of consent to carry out external changes. Part of the conveyancing in Bury should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am currently in the process of buying my council flat in Bury. I have a mortgage offer with Barclays. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Barclays, you will need to appoint a solicitor on the Barclays conveyancing panel.
I purchased a semi-detached Georgian property in Bury. Conveyancing solicitor acted for me and Godiva Mortgages Ltd. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold under the matching address. Is it worth asking Godiva Mortgages Ltd to clarify?
You should read the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bury and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the situation with your conveyancing practitioner who conducted the work.
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a simple, chain free conveyancing. Bury is the location of the property. What do you suggest?
Flying freeholds in Bury are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Bury you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Bury may decide 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.
Is it possible to switch conveyancer as I need to select one who is on the Bank of Scotland conveyancing panel. I instructed a local conveyancing solicitor in Bury five minutes from me but he is not approved by Bank of Scotland
It would be our pleasure to assist you select a conveyancing solicitor in Bury on the Bank of Scotland panel. Please note that the conveyancers that we on the directory do not pay us commission if you instruct them and are regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Bury. In utilising the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Bury.
The financial adviser has suggested using their lawyer for our conveyancing in Bury - won’t it be easier to just instruct them?
This is not necessarily the case and you are at liberty to opt for whichever lawyer of your choosing for your Bury home move. A property lawyer recommended by a 3rd party adviser may not necessarily be the best lawyer, they may recommend their preferred conveyancing firm who are based far away. In this instance you may not have contact with your property lawyer and due to the lack of continuity in the transaction, it may be difficult to obtain progress reports.