I am buying a house for cash in Berkshire. I have lived for the last Seventeen years in Berkshire. Conveyancing searches are expensive. As I know the area and road intimately should I not bother getting the solicitor to do all the conveyancing searches?
If you not getting a mortgage, then all but one or two of the Berkshire conveyancing searches are non-obligatory. Your solicitor will ’encourage you, perhaps strongly, that you should have searches completed, but he has a professional duty to do this. One thing to bear in mind; if you are intend to sell the house one day, it may be of importance to your prospective buyer what the searches reveal. On occasion properties with functional issues can still throw up negative search results. A competent conveyancing solicitor in Berkshire will provide you some practical guidance here.
At what point does exchange of contracts happen for sale conveyancing in Berkshire and do I need to attend the lawyers office?
If you are in close proximity to one of the conveyancing solicitors in Berkshire you are invited in to sign the paperwork. However, the lender approved solicitors we recommend offer a national conveyancing service and provide just as diligent and professional a job for you when dealing with you by post or email. The signing of the property agreement is not when everything is set in stone. Signing on the dotted line is just a prerequisite for the conveyancer to address the formalities when the time is right, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Berkshire)to be in the office available at the end of the phone to exchange contracts.
About to place a bid on a leasehold flat in Berkshire. The estate agents advise that it is the norm for flats in Berkshire to have less than 75 years left on the lease. I am getting a loan with Bank of Ireland. Will the property be mortgageable given that the lease has 72 years remaining.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 19/2/2018 the requirements read as follows :
I used Action Conveyancing a few years past for my conveyancing in Berkshire. I now require my papers but cannot find the solicitor. What do I do?
Do contact 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 Berkshire of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
My father has encouraged me to appoint his conveyancers in Berkshire. Should I choose my own solicitor?
There are no two ways about it the ideal way to find a conveyancing practitioner is to have feedback from friends or family who have previously instructed the solicitor you're are thinking of instructing.