I am in a contract race with another prospective purchaser for a property in Wickford. What can I do to speed up matters?
In a situation where the seller is applying time constraints for your conveyancing it is advisable to make sure that your conveyancer is familiar with the location as they will benefit local contacts and knowledge. It is even conceivable that they may have transacted previousproperties in the same neighbourhood. Therefore consider using a Wickford conveyancing solicitor. In addition, ensure that the conveyancing firm is on the on the approved list for your mortgage company. It is claimed that just under twenty per cent of Wickford conveyancing transactions are suspended or derailed after finding out that a purchaser’s lawyer was not on their banks list of approved solicitors. In many cases this discovery resulted in the transaction being held up by almost three weeks. It is believed that this issue impacts approximately 100,000 home moves annually. Many Wickford conveyancing practices can not act for certain banks so do check as early as possible.
Completed the sale of my flat in Wickford last April but my buyer keeps calling me to moan that his lawyer is waiting to hear from mine. What should have happened following completion?
After completion of your sale your lawyer should forward the transfer documentation and all of the paperwork to the buyer’s lawyers. Where relevant, your lawyer must also send confirmation that the home loan has been repaid to the purchasers lawyers. There is unlikely to be post completion requirements specific conveyancing in Wickford.
Is it necessary during the course of the conveyancing process to have a meeting at the offices of the solicitor to sign the legal charge? If so, I will appoint a lawyer who conducts conveyancing in Wickford so that I can attend their offices when needed.
Whereas this was necessary twenty years ago, almost all lenders no longer require their conveyancing panel lawyer to witness the mortgagors signature. You will still be obliged to supply identification documents and there are still manifest advantages to choosing a local solicitor, in your case a conveyancing solicitor in Wickford.
We are buying a detached bungalow in Wickford. We would like to carry out a loft conversion at the house.Will the conveyancing process involve checks to see if these alterations are permitted?
Your solicitor should check the registered title as conveyancing in Wickford can occasionally reveal restrictions in the title deeds which restrict categories of changes or need the consent of another owner. Some works require local authority planning permissions and approval in accordance building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be prudent to check these issues with a surveyor ahead of any purchase.
We had selected conveyancing lawyers located in Wickford on the RBS solicitor approved list. They have just billed me a supplemental fee for handling the RBS mortgage. Is this a supplemental conveyancing fee specified by RBS?
As unfair as it may seem, as long as it’s in their Terms and Conditions or Quote then yes your property lawyer can charge a fee for this. The fee is not set by RBS but by your Wickford solicitor. Numerous firms on the RBS panel will levy an ‘acting for lender’ fee and others do not.
We are getting the release of further funds on our home loan from RBS as we wish to conduct renovations to our home in Wickford. Are we obliged to choose a local Wickford solicitor on the RBS conveyancing panel to handle the paperwork?
RBS would not normally instruct a member of their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the RBS panel.
In what way can the Landlord & Tenant Act 1954 impact my business property in Wickford and how can your lawyers assist?
The particular law that you refer to gives security of tenure to business leaseholders, granting the right to make a request to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Wickford is one of the many locations in which our lawyers have offices
I am purchasing a garden flat in Wickford. Conveyancing lawyer is awaiting, from the seller, building insurance paperwork. This afternoon I was informed that the seller needs to send the insurance schedule for the flat above in addition. Why does my solicitor need to see the insurance for the other flat? Is it really required? We have been waiting for the previous fortnight…
It is not impossible in leasehold conveyancing in Wickford to discover Conveyancing in Wickford in a minority of cases reveals that the lease requires the leasehold owners to insure their individual flats rather than the freeholder insuring the whole block - which is clearly better. Do contact your lawyer but it would appear that your lawyer is attempting to establish that the entire building is insured. Insuring a ground floor residence is no help when it comes to rebuilding after a fire if the other flat cannot be reinstated due to lack of insurance cover.