I have just been advised by my financial adviser that my Southbourne property lawyer is not on the mortgage company Solicitor panel. How can I check?
Your first step should be to call your Southbourne lawyer directly. It is reasonable to expect your lawyer to inform you what has happened. Where they are not on the panel they may recommend you to a Southbourne conveyancing practice that is on the approved list of lawyers for your lender.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Southbourne?
There are many recorded licenced Conveyancers in Southbourne and Solicitor practices in Southbourne offering conveyancing It is important to make clear that both are supervised by regulatory bodies with both specialising in the legal aspects of transferring property. The two can deal with other property legal work such as remortgage conveyancing, enfranchisement and transfer of equity conveyancing.
When it comes to mortgage companies such as Nationwide, do Southbourne conveyancers incur an annual charge to be on the list of approved solicitors?
We are not aware of any mortgage company fees to register on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
Is it the case that all Southbourne solicitor practices on the RBS conveyancing panel are overseen by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the RBS approved list of solicitors they would need to be governed by the SRA. Some banks do permit licenced conveyancers on their panel in which case such practice would be governed by the Council of Licensed Conveyancers.
I used Action Conveyancing a few years ago for my conveyancing in Southbourne. I now require my papers but cannot find the solicitor. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Southbourne of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
What does commercial conveyancing in Southbourne cover?
Southbourne conveyancing for business premises incorporates a wide range of services, supplied by qualified solicitors, relating to business property. For instance, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
I need to find a conveyancing solicitor for purchase conveyancing in Southbourne. I have land on a site which looks to be the ideal solution If there is a chance to get all the legals done via phone that would be preferable. Do I need to 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?
Do you have any advice for leasehold conveyancing in Southbourne from the perspective of expediting the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Southbourne can be reduced where you get in touch lawyers the minute you market your property and request that they start to collate the leasehold information needed by the buyers’ representatives. If there is a history of any disputes with your landlord or managing agents it is essential that these are resolved prior to the flat being marketed. The buyers and their solicitors will be warry about purchasing a flat where there is an ongoing dispute. You will have to accept that you will have to discharge any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the purchasers, but it is clearly preferable to present the dispute as historic rather than unresolved. Some Southbourne leases require Licence to Assign from the landlord. If this applies to your lease, you should notify your estate agents to make sure that the purchasers obtain bank and professional references. Any bank reference will need to confirm that the buyers are able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the buyers or their lawyers. You believe that you know the number of years left on your lease but it would be advisable double-check by asking your solicitors. A buyer’s conveyancer will not be happy to advise their client to proceed with the purchase of a leasehold property the lease term is under 75 years. In the circumstances it is important at an as soon as possible that you identify whether the lease term for your property needs extending. If it does, contact your solicitors before you put your property on the market for sale. If you have carried out any alterations to the premises would they have required Landlord’s consent? Have you, for example laid down wooden flooring? Southbourne leases often stipulate that internal structural alterations or installing wooden flooring require a licence from the Landlord consenting to such alterations. Where you dont have the consents to hand you should not contact the landlord without contacting your conveyancer in advance.
Leasehold Conveyancing in Southbourne - Sample of Queries before Purchasing
-
You should want to discover as much as possible about the managing agents as they can either make your living at the property much easier or uncomfortable. Being a leasehold owner you are often at the mercy of the managing agents from a financial perspective and when it comes to daily issues like the tidiness of the communal areas. Ask other tenants whether they are happy with their service. On a final note, investigate as to the dates that the service fees are due to the managing agents and specifically what it includes. Is the freehold reversion owned collectively by the leaseholders?