Much to our surprise we have been notified by our mortgage adviser that my Sea Mills property lawyer is not on the lender Solicitor panel. How can I be certain that this is indeed the case?
The sensible course of action for you to take is to call your Sea Mills conveyancer. You lawyer should notify you what has happened. Where they are not on the panel they may be able to suggest a Sea Mills conveyancing firm that is on the conveyancing panel for your lender.
I purchased a freehold property in Sea Mills but nevertheless charged rent, why is this and what is this?
It is rare for properties in Sea Mills and has limited impact for conveyancing in Sea Mills but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be dispensed with completely.
This question may be naive but I am wet behind the ears as FTB of a garden flat in Sea Mills. Do I receive the keys to the property on completion from my lawyer? If so, I will find a local conveyancing solicitor in Sea Mills?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the completion advance to the seller's solicitors, and once they have received this, you will be called to receive the keys from the selling Agents and move into your new home. This tends to happen between 1 and 3pm.
I am currently in the process of buying my council flat in Sea Mills. I have a mortgage offer with Leeds Building Society. 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 Leeds Building Society, you will need to appoint a solicitor on the Leeds Building Society conveyancing panel.
Aldermore have agreed my mortgage in principle, my offer on a flat in Sea Mills has been accepted, what are the next steps?
The estate agent will wish to know who your solicitors are (make sure the conveyancers are on the lender’s panel). Call up Aldermore or your financial adviser and finish off any relevant documentation. Aldermore will appoint a valuer who will get in touch with the selling agent or vendor to schedule an appointment. Once carried out (assuming no problems) it takes approximately ten days to get a mortgage offer. Aldermore will send the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Sea Mills.
I need some quick conveyancing in Sea Mills as I am under pressure to exchange contracts inside one month. Fortunately I do not need a mortgage. Is it possible to decline from having conveyancing searches to save fees and time?
As you are are a mortgage free purchaser you are at liberty not to have searches carried out although no conveyancer would suggest that you don't. With lots of history conveyancing in Sea Mills the following are examples of what can arise and adversely affect market value: Refused Planning Applications, Overdue Fees, Overdue Grants, Unadopted Roads,...
I am buying a new build apartment in Sea Mills. 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 legal work.
Here is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Sea Mills
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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 a car parking plan. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
I need to retain a conveyancing solicitor for some conveyancing in Sea Mills. I happened to land on a site which looks to be the perfect offering If it is possible to get all this stuff done via email that would be ideal. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?