Is it the case that all Yeovil CQS (Conveyancing Quality Scheme) solicitors are on the Co-operative conveyancing list of approved firms?
It is true that some banks and building societies now make use of the accreditation scheme as the kick off point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to remain on their panels.
We expect to receive a OIP from Nottingham this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Nottingham recommend any Yeovil solicitors on the Nottingham conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Yeovil solicitors independently although you'll need to choose one on the Nottingham conveyancing panel. The solicitor represents both you and Nottingham through the process.
I am selling my house. I had a double glazing fitted in September 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, RBS are being problematic. The Yeovil solicitor who is on the RBS conveyancing panel is saying indemnity insurance will be fine but RBS are insisting on a building regulation certificate. Why do RBS have a conveyancing panel if they don't accept advice from them?
It is probably the case that RBS have referred the matter to their valuer. The reason why RBS 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.
I have been told that property searches are the primary reason for delay in Yeovil house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) published findings of a review by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of hindrances in the conveyancing process. Local searches are unlikely to feature in any slowing down conveyancing in Yeovil.
Just had an offer accepted on a new build apartment in Yeovil. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Yeovil
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Please supply a car parking plan. Please confirm the Lease plans are surveyor prepared. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
How easy is it to change solicitor as I need to instruct a firm on the HSBC Bank conveyancing panel. I had appointed a local conveyancing solicitor in Yeovil round the corner but he is not approved by HSBC Bank
It would be our pleasure to help you select a conveyancing solicitor in Yeovil on the HSBC Bank panel. Please note that the solicitors that we list do not pay us fee if you instruct them and are regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Yeovil. In utilising the find a conveyancing solicitor tool on this website, you can contrast fees for conveyancing solicitors in Yeovil and beyond.
My partner has urged me to instruct his conveyancers in Yeovil. Should I use them?
No doubt it’s preferable to find a conveyancing lawyer is to get feedback from friends or family who have actually experience in using the firm you're considering.
We expect to complete our sale of a £250,000 flat in Yeovil in 10 days. The management company has quoted £300 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a flat conveyance in Yeovil?
For the majority of leasehold sales in Yeovil conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Completing pre-exchange enquiries
Where consent is required before sale in Yeovil
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Yeovil Conveyancing for Leasehold Flats - Sample of Questions you should consider Prior to buying
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Generally speaking the outlay for major works tend not to be included within service charges, albeit that a few managing agents in Yeovil obliged leasehold owners to pay into a reserve fund and this is used to offset against larger repairs or maintenance. How long is the Lease? It is important to be aware if a new roof is being put on or some other major work is anticipated to be shared by the leasehold owners and will materially increase the the service costs or result in a one off invoice.