Can I use your services to locate a Conveyancing solicitor in Watchet even where I’m not purchasing or selling a house, for instance where I intend to buy an office in Watchet with a loan from Platform Home Loans Ltd?
Our search tool is mainly there to get a quote from domestic conveyancing solicitors in Watchet but we have listed at the end of this page a selection of Watchet commercial conveyancing firms. You will need to enquire with the firm directly to establish if they are also authorised to represent Platform Home Loans Ltd
What is the optimum way to discover of the solicitor carrying out my conveyancing in Watchet is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Accord Mortgages Ltd thus paying £175.00 in additional legal fees.
Feel free to make use of the search tool on this web page. Please choose the mortgage company and type ‘Watchet’ or your preferred area and you will be presented with a number of lawyer located in Watchet or nearest you.
We are buying a property in Watchet. It might be a silly question but how we can trust a lawyer? On the day of competition we have to deposit money into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I have a mortgage with Bank of Ireland for my property in Watchet. Conveyancing has been completed a year ago. In the event that I decide to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Bank of Ireland?
Your original mortgage agreement with Bank of Ireland will provide that you need their approval before renting your property as this is likely to be a breach of Bank of Ireland’s mortgage conditions. It may be that Bank of Ireland will allow you to rent 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 Bank of Ireland directly. It should not be necessary to do this via a Bank of Ireland conveyancing panel firm.
I am due to exchange contracts on my flat. I had a double glazing fitted in February 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Santander are being difficult. The Watchet solicitor who is on the Santander conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Santander are insisting on a building regulation certificate. Why do Santander have a conveyancing panel if they don't accept advice from them?
It is probably the case that Santander have referred the matter to their valuer. The reason why Santander may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Just acquired a detached house in Watchet , What is the estimated time for the Land Registry to record my proprietorship? My Watchet conveyancing solicitor works at snail pace, so I want to be sure the post completion formalities are concluded.
As far as conveyancing in Watchet registration is no quicker or slower than anywhere else in the country. As opposed to being determined by geographic area, timescales can vary subject to the party submitting the application, whether there are errors and whether the Land registry must send notices to any interested persons or bodies. At present roughly three quarters of submission are completed within two weeks but occasionally there can be protracted hold-ups. Registration is effected once the new owner is living at the property therefore registration formalities is not usually primary concern yet if there is a degree of urgency associated with the registration then you or your lawyers can speak with the land registry and explain the circumstances.
How does conveyancing in Watchet differ for newly converted properties?
Most buyers of new build premises in Watchet come to us having been asked by the seller to sign contracts and commit to the purchase even before the premises is ready to move into. This is because house builders in Watchet typically buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Watchet or who has acted in the same development.
I own a leasehold flat in Watchet. Conveyancing and The Royal Bank of Scotland 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 1992. The conveyancing solicitor in Watchet who acted for me is not around. Do I pay?
First make enquiries of the Land Registry to be sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to instruct a Watchet conveyancing lawyer to do this as it can be done on-line for £3. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Watchet Leasehold Conveyancing - A selection of Questions you should consider before Purchasing
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Who is in charge of the building? How long is the Lease? Is anyone aware of any major works on the horizon that will likely increase the service costs?