As I am unsure how the conveyancing process works what is the most important advice you can give me regarding purchase conveyancing in Catton?
Not many law firms or advisers will tell you this but conveyancing in Catton and elsewhere in England and Wales is often a confrontational process. Put another way, when it comes to conveyancing there is lots of room for friction between you and other parties involved in the home moving process. For example, the seller, selling agent and even potentially a lender. Choosing a solicitor for your conveyancing in Catton should not be taken lightly as your conveyancer is your adviser, and is the ONLY party in the legal process whose role it is to protect your best interests and to keep you safe.
Every so often a third party with a vested interest will try and sway you that it is in your interests to do things their way. For instance, the estate agent may claim to be helping by claiming that your lawyer is slow. Or your mortgage broker may tell you to do take action that is against your conveyancers advice. You should always trust your lawyer above all other parties in the conveyancing process.
When it comes to mortgage companies such as Bank of Ireland, do Catton conveyancing practitioners face a fee to be on the list of approved solicitors?
We are unaware of any bank fees to register on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
We are getting a further advance on our home loan from RBS as we wish to carry out a loft conversion to our house in Catton. Are we obliged to appoint a nearby Catton solicitor on the RBS conveyancing panel to deal with the legals?
RBS do not ordinarily instruct a member of their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the RBS panel.
I currently have a mortgage with RBS for my property in Catton. Conveyancing was finalised months ago. If I am intending to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform RBS?
RBS must be informed of your intention prior to renting your property as this is likely to be a breach of RBS’s mortgage conditions. It may be that RBS will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact RBS directly. You need not do this via a RBS conveyancing panel solicitor.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Catton?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Catton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am downsizing from my home. My former solicitors has retired. I would be grateful for any recommendation of a conveyancing firm. Im based in Catton if that affects matters.
Please use our search tool to help you choose a solicitor for your conveyancing in Catton. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
We are 14 days into a residential purchase having been referred to solicitors by the local agent to do our conveyancing in Catton. I am not happy. Can you you assist me in finding new conveyancers?
A conveyancer would have to be very poor to suggest diss instructing them. Has your loan offer been issued? In the event that it has you need to inform them of the new solicitor and get the offer are re-sent. Your new solicitor ideally should be on the mortgage company panel to avoid escalating expenses and frustration. So that should be your first question of the new conveyancers. Our find a solicitor tool can help you find a lender approved lawyer for your conveyancing in Catton
I wish to let out my leasehold apartment in Catton. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?
Some leases for properties in Catton do contain a provision to say that subletting is only allowed with permission. The landlord cannot unreasonably refuse but, in such cases, they would need to see references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
I purchased a ground floor flat in Catton, conveyancing was carried out 8 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar flats in Catton with a long lease are worth £202,000. The ground rent is £60 invoiced annually. The lease expires on 21st October 2082
You have 57 years left to run we estimate the price of your lease extension to be between £28,500 and £33,000 as well as legals.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of detailed investigations. You should not use this information 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. You should not move forward placing reliance on this information without first seeking the advice of a professional.