Are the BSA intent on creating a searchable register to to identify solicitors on the Norwich and Peterborough Building Society conveyancing panel for instance in Edgbaston?
Lexsure has not been advised of any plans on the part of the BSA to promote such a search facility.
I need some quick conveyancing in Edgbaston as I am under an ultimatum to exchange contracts in less than 2 weeks. A home loan is not required. Can I escape the need for conveyancing searches to save fees and time?
If.Given you are not taking a mortgage you are at liberty not to have searches carried out although no law firm would recommend that you don't. Drawing on our experience of conveyancing in Edgbaston the following are examples of issues that can be revealed and adversely impact the marketability of the property: Enforcement Actions, Overdue Charges, Outstanding Grants, Road Schemes,...
four months have elapsed since my purchase conveyancing in Edgbaston completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. 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 decided to have a survey done on a property in Edgbaston ahead of instructing solicitors. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies will not give a loan on a flying freehold property.
It depends who your proposed lender is. Lloyds has different instructions for example to Halifax. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Edgbaston. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Edgbaston to see if the conveyancing costs will increase in light of this.
Is it best to choose a Edgbaston conveyancing practitioner in close proximity to the house I am hoping to buy? An old friend can carry out the legal formalities but his firm is located 300miles away.
The benefit of a local Edgbaston conveyancing practice is that you can visit the firm to execute paperwork, hand in your identification documents and pester them where appropriate. They will also have local knowledge which is a benefit. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have instructed your friend and on the whole were content that should trump using an unknown Edgbaston conveyancing solicitor just because they are Edgbaston based.
I need to assess costs for conveyancing in Edgbaston from three conveyancer and appoint one. Am I right to ask them to sit tight until I I have an offer accepted on a apartment.
You should only ask your property lawyer to commence work and order searches after the offer has been accepted on the property especially as Edgbaston conveyancing searches are a couple of hundred pounds.