I am buying a semi-detached house in Seahouses. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Seahouses you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Seahouses.
I am purchasing a property in Seahouses. An unusual aspect is that the roof has a solar panel. Virgin Money have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Virgin Money your lawyer must comply with the conveyancing requirements set out in Section 2 of UK Finance Lenders’ Handbook for Virgin Money. The Council of Mortgage Lenders’ Handbook stipulates minimum provisions for solar panel roof-space leases, and property lawyers are required to report to Virgin Money where a lease does not meet these requirements. The requirements relate to the installation of panels on properties in England and Wales and is not isolated to Seahouses.
The mortgage over my property is with UBS for my property in Seahouses. Conveyancing has been completed months ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform UBS?
Your original mortgage agreement with UBS will provide that you need their approval in advance of renting your property as this is likely to be a breach of UBS’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact UBS directly. It should not be necessary to do this via a UBS conveyancing panel firm.
I recently had an offer accepted on a house in Seahouses. My financial adviser suggested a conveyancing practitioner. I paid an advanced payment of £175. Shortly after, the solicitor called me to say that they were not on the RBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the RBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I am selling our house in Seahouses and according to the buyers it appears that there is a risk of it being constructed on contaminated land. Any high street Seahouses conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers are using an internet conveyancing firm rather than a conveyancing solicitor in Seahouses. Having lived in Seahouses for many years we know that this is a non issue. Is it a good idea to contact our local Authority to obtain confirmation need.
It sounds as though you may have a conveyancing lawyer already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
Yesterday I discovered that there is a flying freehold element on a house I have offered on last month in what should have been a quick, no chain conveyancing. Seahouses is the location of the property. Can you offer any assistance?
Flying freeholds in Seahouses are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Seahouses you would need to get your solicitor to go 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 Seahouses may determine 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 premises.
I need to instruct a conveyancing solicitor in Seahouses for my home move. Can I check a solicitor's complaints history with the legal regulator?
Anyone can find published Solicitor Regulator Association (SRA) determinations arising from inquisitions commenced on or after Jan 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 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, dial +44 (0)121 329 6800. The regulator sometimes monitor call for training requirements.
Back In 2008, I bought a leasehold house in Seahouses. Conveyancing and National Westminster Bank mortgage went though with no issue. A letter has just been received from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1995. The conveyancing solicitor in Seahouses who previously acted has now retired. Any advice?
First make enquiries of the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. You do not need to incur the fees of a Seahouses conveyancing solicitor to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Seahouses Conveyancing for Leasehold Flats - A selection of Queries Prior to Purchasing
-
On the whole the cost for major works are not included within service charges, albeit that there some managing agents in Seahouses obliged leaseholders to contribute towards a reserve fund and this is used to offset against larger works. Many Seahouses leasehold flats will incur a service bill for the upkeep of the building set by the landlord. Should you purchase the property you will have to meet this amount, normally in instalments during the year. This may vary from several hundred pounds to thousands of pounds for large purpose-built blocks. There will also be a rentcharge to be met annual, this is usually not a large amount, say around £25-£75 but you need to check as occasionally it could be many hundreds of pounds. Is anyone aware of any major works anticipated that will likely increase the service fees?