What is the first thing I need to know about purchase conveyancing in East Coker?
Not many law firms or advisers will tell you this but conveyancing in East Coker or throughout Somerset is an adversarial process. In other words, when it comes to conveyancing there is an abundance of room for conflict between you and other parties involved in the house moving process. For example, the vendor, selling agent and on occasion your bank. Choosing a law firm for your conveyancing in East Coker should not be taken lightly as your conveyancer is your adviser, and is the SOLE party in the transaction whose role it is to look after your legal interests and to keep you safe.
We are witnessing a worrying emergence of a "blame" culture- someone must be blamed for the process taking so long. You your first instinct should be to trust your lawyer ahead of the other players in the conveyancing process.
My home in East Coker is up for sale and I have a purchaser. Will the lawyer have to be required to be on the Kent Reliance conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the Kent Reliance conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently in recent years.
My father advised me that in purchasing a property in East Coker there could be a number of restrictions as to what one can do in terms of external changes to a property. Is this right?
There are a number of properties in East Coker which have some sort of restriction or requirement of consent to perform external changes. Part of the conveyancing in East Coker should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Is it the case that all East Coker solicitor firms on the Skipton conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Skipton approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. Many lenders do list licenced conveyancers on their panel and in such a situation the firms would be governed by the Council of Licensed Conveyancers.
We expect to receive a AIP from Clydesdale this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Clydesdale recommend any East Coker solicitors on the Clydesdale conveyancing panel, or is it better to go independently?
You will need to appoint East Coker solicitors independently although you'll need to choose one on the Clydesdale conveyancing panel. The solicitor represents both you and Clydesdale through the process.
Are there restrictive covenants that are commonly identified during conveyancing in East Coker?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in East Coker. 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 have been on the look out for a ground for flat up to £235,500 and identified one round the corner in East Coker I like with a park and station nearby, the downside is that it's only got 52 years unexpired on the lease. I can't really find anything else in East Coker in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a mortgage the shortness of the lease will be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.
I am Googling for East Coker conveyancing quotes online. Can I be assured that all the East Coker firms that are listed on your directory are on the bank conveyancing panel?
The solicitor and licensed conveyancing practices listed on our site have assured us via an online form that they are on the mortgage company panel and agreed to advise us to take down their listing in the event of removal off of the mortgage company panel. To date we have not been informed by either a lender or a member of the public that the data about a specific East Coker conveyancing solicitor being on the mortgage company conveyancing panel is not accurate.