Can you help? My Fowey solicitor is informing me me that he is legally obliged toorder Fowey conveyancing searches becausethe firm are on the HSBCconveyancing panel. Is my solicitor right?
You have limited options available to you. As you are obtaining a home loan with a mortgage company your property lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancer would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to comply with the Council of Mortgage Lenders’ Handbook provisions . Even if you were a cash buyer you would be ill advised not to carry out Fowey conveyancing searches.
A relative advised me that in purchasing a property in Fowey there may be a number of restrictions preventing external alterations to the property. Is this right?
We are aware of anumerous of properties in Fowey which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Fowey should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I am aiming to move property in September. Should my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you recommend a removal company in Fowey. Conveyancing lawyer was organised before I stumbled across this site.
On the afternoon of completion you can collect the house keys from your estate agent however this should only happen when the sellers lawyers advise the agent that the monies to complete are in and the keys can be collected. After that you can tell the removal company that you are ready to move in. As a matter of policy we do not suggest a particular removal company but can assist you in locating a conveyancing in Fowey or a legal practice with expertise in conveyancing in Fowey.
TSB have agreed my mortgage in principle, my bid on a property in Fowey has been agreed to, what happens next?
Your property agent will need to know who your solicitors are (ensure that the lawyers are on the lender’s approved list). Call up TSB or the financial adviser and finish off any appropriate documentation. TSB will appoint a valuer who will get in touch with the selling agent or seller to schedule an appointment. Once carried out (assuming no problems) it takes about a week to receive the mortgage offer. TSB will issue the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Fowey.
I have recentlybeen informed that Stirling Law have closed. They carried out my conveyancing in Fowey for a purchase of a leasehold flat 10 months ago. How can I check that the property is in my name in the name of the former proprietor?
The easiest method to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Fowey conveyancing specialists.
I have been on the look out for a leasehold apartment up to £305k and identified one round the corner in Fowey I like with amenity areas and station in the vicinity, the downside is that it's only got 52 years unexpired on the lease. I can't really find anything else in Fowey suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a mortgage that many years may be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of 2 years you can ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
In my capacity as executor for the estate of my uncle I am disposing of a house in Swansea but live in Fowey. My solicitor (based 250 miles awayrequires that I sign a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing practitioner in Fowey who can witness and place their company stamp on the document?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will be fine regardless of whether they are based in Fowey
Why is it not possible to complete my conveyancing in Fowey on May bank holiday?
Because on completion the funds needs to be transferred electronically between the banks of the buyer and seller's property lawyer and at present this can only take place on a business day. It is not possible to complete on a saturday or sunday either.