It has come to my attention via my mortgage broker that my Greystones lawyer is not on the bank Conveyancing panel. What can I do to be certain if this is indeed the case?
Your first step should be to call your Greystones lawyer directly. It is reasonable to expect your lawyer to inform you of the situation. Where they are not on the panel they may be able to suggest a Greystones conveyancing firm that is on the conveyancing panel for your bank.
The Greystones conveyancing solicitors that just started acting on my house acquisition in Greystones have without warning shut down. I chose them because I needed a lawyer on the Coventry BS conveyancing panel and my family Greystones lawyer was not. I paid them funds on account. What are my options?
If you have an estate agent involved then let them know immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Coventry BS conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers may be able to help.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Greystones. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Greystones
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply a car parking plan.
I've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Greystones is where the house is located. Is there any guidance you can impart?
Flying freeholds in Greystones are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Greystones you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Greystones may decide 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 residence.
I have been recommended by a few property agents in Greystones to get a quote from a conveyancer using your seach tool. Is there a financial incentive for Estate Agents to market your lawyers over and above another?
We don’t give any financial incentive for sending work in our direction. We found it would be just too difficult a fee as home movers will think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
We are soon to acquiring a property in Greystones. Could the conveyancing practitioner keep the amount we are are purchasing for private from sites such as Rightmove. what can I do to make sure this is not disclosed?
HMLR as a matter of law bound to reveal price sold data on the official title for residential properties countrywide including homes in Greystones. The register of ownership is a public document, so HM Land Registry would be breaching their statutory duty if they did not allow access to the register.
You can ask HM Land Registry to hide the price paid data but the answer will be a No.