Is the fact that my solicitor in Dosthill is not on my lender's conveyancing panel that there is a problem with the standard of the firm’s conveyancing?
It would not be wise to jump to that conclusion. There are plenty of reasonable explanations. Just recently a report by the solicitors regulator indicated 76% of law firms surveyed had been removed from at least one lender panel. The most common reasons for removal are: (1) lack of transactions (2) the lawyer is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Dosthill conveyancing firm and enquire why they are no longer on the approved list for your mortgage company.
Do the conveyancing solicitors identified through your ’find a lawyer’ tool perform right to buy conveyancing in Dosthill?
We work with a variety of conveyancing practitioners who can conduct right to buy conveyancing work You should e-mail us with a view to secure a conveyancing quote.
Do I need to pay for insurance to protect me from financial exposure to chancel repairs when purchasing a residence in Dosthill?
Unless a prior acquisition of the house took place post 12 October 2013 you could expect solicitors handling conveyancing in Dosthill to continue to advocate a chancel search and or insurance against a claim.
How does conveyancing in Dosthill differ for new build properties?
Most buyers of new build or newly converted property in Dosthill come to us having been asked by the seller to sign contracts and commit to the purchase even before the property is built. This is because developers in Dosthill usually buy the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Dosthill or who has acted in the same development.
Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what should have been a simple, chain free conveyancing. Dosthill is where the house is located. What do you suggest?
Flying freeholds in Dosthill are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Dosthill you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Dosthill may ascertain 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.
I have just appointed agents to market my basement flat in Dosthill. Conveyancing solicitors are to be appointed soon, but I have recently received a half-yearly maintenance charge invoice – Do I pay up?
The sensible thing to do is pay the maintenance contribution as usual given that all rents and service invoices will be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Dosthill Conveyancing for Leasehold Flats - A selection of Questions you should consider before buying
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How many years remain on the lease? What is the annual service fee and ground rent? The prefered form of lease structure is a share of the freehold. In this situation the tenants benefit from being in charge if their destiny and even though a managing agent is usually retained where it is larger than a house conversion, the managing agent is directed by the tenants.