Should conveyancers ask for an advanced payment when it comes to conveyancing in Great Shelford?
If you are buying a property in Great Shelford your lawyer will request that you to provide them with funds to cover the search fees. Normally this is needed to cover the fees of the Local Authority Search. If any deposit is as part of the sale price then this should be required shortly prior to contracts are exchanged. The closing balance that is due should be sent to your lawyer shortly before completion.
I am helping my niece sell her flat in Great Shelford. Does the conveyancer order the EPC or should I organise this?
Following the demise of HIPs, energy performance certificates was retained a required element of selling a property. An EPC should be to hand in advance of the property being placed on the market. This is not something that law firms normally organise. If you are instructing a Great Shelford conveyancing lawyer they might be able to arrange EPC’s due to their contacts with reputable local accredited person
Does a directory service exist listing RBS panel solicitors in Great Shelford on the Building Society Association’s Website?
Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association websites. A small selection of lenders make their panel listings viewable over the internet. Where you are seeking to appoint a Great Shelford lawyer on the RBS please make the most of our facility.
I'm at the point of viewing flats in Great Shelford and I am about to put in an offer. Should I already have a solicitor in place at this stage? I am planning to take a mortgage with RBS.
It would be prudent to start your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the estate agent. As you are seeking a mortgage with RBS, ask your prospective lawyers if they are on the RBS conveyancing panel otherwise they can't do the mortgage legal work.
Various web forums that I have come across warn that are the main cause of stalling in Great Shelford conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of a review by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of holding up conveyancing in Great Shelford.
Are there restrictive covenants that are commonly identified as part of conveyancing in Great Shelford?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Great Shelford. 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 am looking for a leasehold apartment up to £305k and found one near me in Great Shelford I like with amenity areas and transport links nearby, the downside is that it's only got 61 years unexpired on the lease. There is not much else in Great Shelford suitable, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you require a mortgage that many years may be problematic. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
The conveyancers conducting our conveyancing in Great Shelford has sent papers to review that show the land is unregistered with epitome documents. Surely all property in Great Shelford are registered?
Over ninety percent of property in Great Shelford is registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Many Great Shelford conveyancing practitioners will be capable of dealing with such matters but if any uncertainty reigns the usual recommendation nowadays is for the seller to register it first and then sell - this will have a knock on effect to result in a significant delay.