I instructed a Ottery St Mary based lawyer for our conveyancing in Ottery St Mary recently. Going through the Terms it is apparent thatwe are liable for costs even if the movefalls through. Should I ditch them and appoint an on-line lawyer who offer no move no charge conveyancing in Ottery St Mary?
It is usually a trade off in that if "No Completion No Fee" is available then the conveyancing charges will generally be more expensive to cover those cases that fail to complete. You should be mindful that these schemes rarely protect you from expenditure e.g. Ottery St Mary conveyancing search costs.
My uncle pointed out to me me that in buying a property in Ottery St Mary there could be a number of restrictions affecting the ability to carry out external alterations to a property. Is this right?
There are anumerous of properties in Ottery St Mary which have some sort of restriction or requirement of consent to carry out external alterations. Part of the conveyancing in Ottery St Mary should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
is it true that all Ottery St Mary solicitor practices on the Skipton conveyancing panel are overseen by the SRA?
As a firm of solicitors, in order to be on the Skipton conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. Some mortgage companies do list licenced conveyancers on their panel and in such a situation the organisation would be overseen by the CLC.
I am currently in the process of buying my council flat in Ottery St Mary. I have a mortgage agreed with Coventry BS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Coventry BS, you will need to appoint a solicitor on the Coventry BS conveyancing panel.
Due to the encouragement of my in-laws I had a survey completed on a property in Ottery St Mary prior to retaining lawyers. I have been advised that there is a flying freehold overhang to the house. My surveyor has said that some mortgage companies tend refuse to issue a loan on this type of premises.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. Should you wish to call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Ottery St Mary. Conveyancing may be slightly more expensive based on your lender's requirements.
I'm refinancing my existing home to a BTL mortgage with Barclays Direct and intend to use the remaining equity as a deposit on another property. The area we are looking at is Ottery St Mary. Will your solicitors be able to act for the two lenders and link together the conveyances?
Do use our search tool on this page to be sure that the lawyers are on the relevant lender panels. Having checked that they are the conveyancer will be able to tie up the two deals but you should talk with you conveyancer and communicate your expectations and needs.
As co-executor for the will of my father I am disposing of a property in Monmouth but I am based in Ottery St Mary. My lawyer (who is 200 miles awayhas requested that I sign a stat dec prior to completion. Can you recommend a conveyancing lawyer in Ottery St Mary to attest this legal document for me?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are Ottery St Mary based
I am on look out for some leasehold conveyancing in Ottery St Mary. Before I get started I want to be sure as to the unexpired term of the lease.
Assuming the lease is registered - and 99.9% are in Ottery St Mary - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Leasehold Conveyancing in Ottery St Mary - Examples of Questions you should consider before buying
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Is the freehold reversion owned jointly by the leaseholders? How much is the yearly service fee and ground rent?