I require conveyancing for an apartment in a relatively new development (five years old) in Greystones. The vast majority the properties have already been disposed of. Do I need carry out the local searches for my conveyancing in Greystones?
Where you are obtaining a mortgage, your lender will insist on some (many) of the searches so you'll have no choice. If not, then Greystones conveyancing searches are optional. No doubt your conveyancer, will ’encourage’, perhaps in the strongest possible terms, that you should have the searches done, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you demand that your lawyer to proceed without searches then your lawyer will have to follow your instructions or it may be necessary to find a new lawyer for your conveyancing in Greystones.
My house in Greystones is up for sale and I have accepted an offer. Will the property lawyer need to be on the Coventry BS conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Coventry BS 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 conditions fairly frequently in recent years.
We are purchasing a detached bungalow in Greystones. The intention is to convert the garage to an office at the house.Will the conveyancing process involve investigations to ascertain if these alterations are allowed?
Your conveyancer will review the registered title as conveyancing in Greystones can on occasion reveal restrictions in the title deeds which restrict certain alterations or necessitated the permission of another owner. Many works require local authority planning permissions and approval in accordance building regulations. Certain areas are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. It would be prudent to check these issues with a surveyor prior to committing yourself to a purchase.
Is it correct that all Greystones CQS (Conveyancing Quality Scheme) solicitors are on the Clydesdale conveyancing list of approved firms?
Some major banks and building societies now utilise CQS as the starting point for Panel membership such as HSBC and Santander. CQS membership however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their panels.
At last I have had an offer on an apartment in Greystones accepted, but there is a chain. The vendors have put an offer on on an apartment, but it’s not been accepted yet, and are looking at other properties booked. I have selected a nearby conveyancing solicitor in Greystones. What do I do now? At what stage do I apply for the mortgage with UBS?
It is usual to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is in the region of £1k, then survey, Greystones conveyancing search costs, etc). First, you must ensure that your conveyancer is on the UBS conveyancing panel. Regarding the next stages this very much dictated by the uniqueness of your transaction, desire for this property and on the state of the market. In a rising market the majority of buyers will apply for a home loan with UBS and arrange for the valuation and only if it was satisfactory would they request their conveyancer to move forward with searches.
I have justbecome aware that Stirling Law have closed. They carried out my conveyancing in Greystones for a purchase of a leasehold apartment 12 months ago. How can I establish that the property is registered correctly in the name of the previous owner?
The quickest method to check if the premises is registered to you, you can make 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 Greystones conveyancing specialists.
How do I locate a Greystones law firm on the Bank of Scotland conveyancing panel? I am a keen cyclist and am willing to travel upto 10miles to meet the solicitor.
You can use the search on this page. Please select a bank and your location and you will see a number of Greystones conveyancing lawyers locally. We have detailed some Greystones conveyancing firms towards the end of this page and you can telephone them to see if they are on the Bank of Scotland member panel
I own a leasehold flat in Greystones. Conveyancing was completed in five years ago. I have heard that I mustn’t allow the lease length get too short. Is this right?
Greystones residential long term leases are for a fixed term - normally ninety nine years when they are first granted. However a significant flats in Greystones were built or converted in the 60’s and so such leases now have under 80 years left to run. This may sound like a long time but Banks, Building Societies and other mortgage institutions generally require leases to have a minimum of 75 years left to adequate security. Accordingly when you come to sell the property you will need a lease extension if you are nearing 75 years. To maximise the marketability of your property you should be thinking about whether to extend your lease well in advance of selling the property. There are also significant benefits to doing so before the lease hits 80 years as when the lease is less than 80 years the premium to be paid to extend starts to increase.