Having sold my house in Castle Cary last January yet the purchaser is whats apping me to say their lawyer needs to hear from myconveyancer. What should my lawyer have done following completion?
Post completion of your house sale your conveyancer is obliged to deliver the transfer deeds and all additional paperwork to the buyer’s solicitors. Depending on the transaction, your lawyer must also send confirmation that the home loan has been paid off to the buyers solicitors. There is unlikely to be post completion tasks peculiar conveyancing in Castle Cary.
I am purchasing a semi-detached house in Castle Cary. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Castle Cary you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Castle Cary.
My father pointed out to me me that in buying a property in Castle Cary there could be various restrictions as to what one can do in terms of external changes to the property. Is this right?
There are anumerous of properties in Castle Cary which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Castle Cary should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We expect to receive a OIP from RBS this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do RBS recommend any Castle Cary solicitors on the RBS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Castle Cary solicitors independently although you'll need to choose one on the RBS conveyancing panel. The solicitor represents both you and RBS through the process.
I recently had an offer accepted on a house in Castle Cary. My mortgage broker suggested a conveyancing practitioner. I paid an upfront payment of £150. Soon after, the property lawyer called me sheepishly admitting that they were not on the Nottingham conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Nottingham panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
In my capacity as executor for the will of my grandmother I am disposing of a residence in Cardiff but I am based in Castle Cary. My solicitor (based 260 kilometers from meneeds me to execute a stat dec prior to completion. Could you suggest a conveyancing solicitor in Castle Cary to attest this legal document for me?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will suffice regardless of whether they are based in Castle Cary
Do you have any top tips for leasehold conveyancing in Castle Cary with the purpose of saving time on the sale process?
- Much of the frustration in leasehold conveyancing in Castle Cary can be reduced if you get in touch lawyers as soon as you market your property and ask them to put together the leasehold documentation needed by the purchasers’ conveyancers. If you hold a share in a the freehold, you should make sure that you are holding the original share document. Arranging a new share certificate can be a lengthy formality and frustrates many a Castle Cary home move. If a reissued share is needed, do contact the company director and secretary or managing agents (if relevant) for this at the earliest opportunity. If you have carried out any alterations to the residence would they have required Landlord’s approval? In particular have you installed wooden flooring? Most leases in Castle Cary state that internal structural alterations or addition of wooden flooring require a licence issued by the Landlord approving such works. Should you fail to have the consents to hand do not contact the landlord without contacting your conveyancer first. The majority of landlords or Management Companies in Castle Cary levy fees for providing management packs for a leasehold property. You or your lawyers should discover the actual amount of the charges. The management pack sought on or before finding a buyer, thus accelerating the process. The typical amount of time it takes to receive management information is three weeks. It is the most frequent reason for frustration in leasehold conveyancing in Castle Cary. You believe that you know the number of years remaining on your lease but you should verify this via your conveyancers. A purchaser's lawyer will not be happy to advise their client to proceed with the purchase of a leasehold property the lease term is under 75 years. It is therefore important at an as soon as possible that you identify whether the lease requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale.
Castle Cary Leasehold Conveyancing - Examples of Queries Prior to Purchasing
How long is the Lease? Is the freehold owned jointly by the leaseholders? On the whole the cost for major works are not incorporated into the maintenance charges, albeit that some managing agents in Castle Cary obliged leaseholders to pay into a reserve fund created for the specific intention of establishing a fund for larger works.