My fiance and I are purchasing a maisonette in Daventry. My property lawyer is not on the lender conveyancing list. Am I still permitted to continue with my Daventry conveyancing solicitor notwithstanding that they are excluded from the mortgage company list of approved lawyers?
Various options include
- Carry on with your chosen Daventry conveyancing practitioner but your bank will need to retain a conveyancing practitioner from their conveyancing panel. This will result in additional cost and potential frustration.
- Appoint a fresh lawyer to act in the purchase, obviously checking they are on the mortgage company conveyancing panel.
- Appeal to your property lawyer to apply to join the lender panel
IfI were to acquire a simple residential homein Daventry mortgage fee and have no survey and no conveyancing searches how much should I expect to to save on my conveyancing in Daventry?
The only saving you would achieve is the Daventry conveyancing searches. A conveyancing practitioner still be obliged to do everything else - money laundering, liaising with your vendors lawyer, stamp duty return, register the ownership etc. You might save a bit for them not needing to register a charge but it will not be significant.
Do commercial conveyancing searches reveal planned roadworks that could affect a commercial estate in Daventry?
Its becoming the norm that commercial conveyancing solicitors in Daventry will execute a SiteSolutions Highways report as it reduces the time that conveyancers expend in researching accurate data on highways that impact buildings and development assets in Daventry. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Daventry.
For every commercial conveyancing transaction in Daventry it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can cause delays to Daventry commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not ordered for residential conveyancing in Daventry.
three months have gone by following my purchase conveyancing in Daventry took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I've recently found out that there is a flying freehold issue on a property I put an offer in two weeks back in what should have been a simple, chain free conveyancing. Daventry is the location of the property. What do you suggest?
Flying freeholds in Daventry are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Daventry you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Daventry 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 property.
Given that I will soon part with hundreds of thousands of pounds on a house in Daventry I wish to have a conversation with the conveyancer concerning thetransaction before giving the go ahead to the firm. Is this something that you can arrange?
This is something that we encourage - it is our preference to talk to you we do not take any clients on without you liaising with the conveyancer who will be doing your property ownership legalities in Daventry.There is no ‘factory style conveyancing’ - every client is unique person, not a matter number. The solicitors that we put you in touch with believe that the fees you are calculated and presented to you for your conveyancing in Daventry should be the amount on the final invoice that you end up paying.