Me and my partner are acquiring our first house. The conveyancing practitioner has texted usto ask if we want to order additional conveyancing searches. As novices we have no idea as to what's appropriate for conveyancing in Royston
The range of Royston conveyancing searches should be triggered based entirely on the property, the location, the probability of any of these risks, your familiarity of the area and risks, your overall appetite to risk. What matters is that you properly comprehend what information the searches could provide. You may then make a decision if you personally think you need that search. If uncertain, ask your conveyancing practitioner to explain.
A friend advised me that in buying a property in Royston there could be a number of restrictions preventing external alterations to a property. Is this right?
There are a number of properties in Royston which have some sort of restriction or requirement of consent to external variations. Part of the conveyancing in Royston should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Is it the case that all Royston solicitors on the RBS conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the RBS conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. Many banks do permit licenced conveyancers on their panel in which case such practice would be governed by the Council of Licensed Conveyancers.
Last month we had a mortgage agreed in principle with Yorkshire BS. Royston conveyancing solicitors were instructed. How long does it take for Yorkshire BS to send the offer to the conveyancer?
There is no definitive answer here. Have Yorkshire BS done the valuation? Have you advised Yorkshire BS as to your lawyers' details and checked that your lawyers are on the Yorkshire BS conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I need some fast conveyancing in Royston as I am under an ultimatum to exchange contracts in less than one month. Luckily I do not need a mortgage. Is it possible to decline from having conveyancing searches to save fees and time?
As you are not taking a mortgage you have the choice not to do searches although no lawyer would suggest that you don't. With plenty of history conveyancing in Royston the following are examples of issues that can crop up and adversely impact market value: Enforcement Notices, Outstanding Charges, Overdue Grants, Road Schemes,...
Over the last few months I have been searching for a ground for flat up to £245,000 and identified one round the corner in Royston I like with a park and railway links in the vicinity, the downside is that it only has 51 remaining years left on the lease. There is not much else in Royston in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you need a home loan that many years will be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
I have been sourcing a conveyancing practitioner in Royston for my house move. Is there any facility to see a solicitor's record with the legal regulator?
Members of the public may search for documented Solicitor Regulator Association (SRA) decisions resulting from investigations started on or after 1 January 2008. Visit Check a solicitor's record. For information Pre 2008, or to check a solicitors history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The SRA could recorded telephone calls for training requirements.
How easy is it to change a solicitor as I need to find a Royston based conveyancer who is on the mortgage company conveyancing panel. Is it practical to instruct different lawyers?
In the event that you have not formally appointed a solicitor to do anything for you and at this stage simply received an estimate as to costs, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Royston that you're thinking of instructing.