I am acquiring residence in Weymouth. My property lawyer has never been on on the lender solicitor list. Is it possible for me to use my Weymouth conveyancing solicitor even though they are excluded from the bank panel of approved conveyancing solicitors?
You have a couple of alternatives open to you here
- Proceed with your chosen Weymouth conveyancing practitioner but your lender will undoubtedly retain a conveyancing practitioner on their approved panel. The net result is additional cost and likely delay.
- Appoint a new property lawyer to act in the purchase, obviously checking they are on the lender conveyancing panel.
- Convince your lawyer to do everything possible to join the mortgage company conveyancing panel
Completed the sale of my flat in Weymouth last July but the buyer keeps whats apping me to say her lawyer is waiting to hear from mine. What are the post completion sale legalities following completion?
Following your disposal your solicitor should deliver the transfer deeds and all additional paperwork to the purchaser's conveyancer. Depending on the transaction, your solicitor should also evidence that the legal charge in favour of the lender has been paid off to the buyers solicitors. There is unlikely to be post completion requirements specific conveyancing in Weymouth.
The Weymouth conveyancing solicitors that I appointed last week on my house acquisition in Weymouth have suddenly closed. I only went with them because I needed a firm on the Yorkshire BS conveyancing panel and my preferred Weymouth lawyer was not. I gave my credit card details for them to take £195 for searches. What do I do now?
If you have an estate agent involved then let them know immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Yorkshire BS conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to help.
Will my lawyer be raising enquiries concerning flooding during the conveyancing in Weymouth.
The risk of flooding is if increasing concern for lawyers dealing with homes in Weymouth. Plenty of people will purchase a property in Weymouth, fully aware that at some time, it may be flooded. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to obtain a mortgage, adequate insurance cover, or dispose of the premises. Steps can be carried out as part of the conveyancing process to forewarn the buyer.
Conveyancers are not qualified to offer advice on flood risk, but there are a numerous searches that may be undertaken by the purchaser or by their lawyers which should figure out the risks in Weymouth. The standard property information forms sent to a buyer’s lawyer (where the Conveyancing Protocol is adopted) includes a usual question of the seller to determine whether the premises has historically flooded. If flooding has previously occurred which is not revealed by the owner, then a purchaser may commence a compensation claim resulting from an inaccurate response. A buyer’s solicitors may also conduct an environmental search. This will higlight whether there is a recorded flood risk. If so, further investigations should be carried out.
I have todaybecome aware that Arc property Solicitors have closed. They conducted my conveyancing in Weymouth for a purchase of a leasehold apartment 18 months ago. How can I establish that my home is in my name in the name of the previous owner?
The quickest method to check if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Weymouth conveyancing specialists.
I today plan to offer on a house that seems to be perfect, at a reasonable price which is making it more attractive. I have since been informed that it's a leasehold rather than freehold. I would have thought that there are issues purchasing a house with a leasehold title in Weymouth. Conveyancing lawyers have are soon to be instructed. Will they explain the issues?
Most houses in Weymouth are freehold rather than leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. We note that you are buying in Weymouth so you should seriously consider shopping around for a Weymouth conveyancing practitioner and be sure that they have experience in transacting on leasehold houses. First you will need to check the unexpired lease term. Being a lessee you will not be at liberty to do whatever you want with the house. The lease will likely included provisions such as requiring the freeholder’spermission to conduct changes to the property. It may be necessary to pay a service charge towards the maintenance of the estate where the property is part of an estate. Your solicitor should report to you on the legal implications.
Leasehold Conveyancing in Weymouth - Examples of Queries Prior to buying
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Best to be warned whether redecorating or some other significant cost is due in the foreseeable future that will be shared amongst the tenants and will dramatically impact the level of the maintenance charges or necessitate a one off payment. It would be prudent to discover if the the lease includes any adverse restrictions in the lease. By way of example plenty of leases prohibit pets being allowed in in a block in Weymouth. If you like the propertyin Weymouth but your cat is not allowed to move with you then you have a very difficult decision.