I am hoping to move into my new home in Cockermouth next Friday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the mortgage company. What does the insurance need to cover?
All property lawyers on acting for lenders would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 requirements. These obligations are not specific to conveyancing in Cockermouth.
When does exchange of contracts occur in domestic conveyancing in Cockermouth and am I required to be at the solicitors branch?
Where you are near to our conveyancing solicitors in Cockermouth you are welcome to attend to sign documents. However, the lender approved solicitors we recommend offer a nationwide conveyancing service and give as equally diligent and professional a job for you when communicating with you by post or email. The executing of the property agreement is not the point of no return. Signing on the dotted line simply enables the solicitor to officially exchange when the time is right, which is ordinarily shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Cockermouth)to be in the office at the appropriate time.
Just acquired a terraced house in Cockermouth , how long should it take for the Land Registry to record the transfer to my name? My Cockermouth conveyancing solicitor works at snail pace, so I want to be certain the land registry aspects are addressed.
As far as conveyancing in Cockermouth registration is no quicker or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can vary subject to who lodges the application, whether it is in order and if the Land registry communicate with any third parties. Currently in the region of three quarters of submission are completed within 12 days but occasionally there can be protracted hold-ups. Historically registration takes place after the new owner is living at the property thus post completion formalities is not always top priority but where it is urgent that the the registration takes place urgently then you or your conveyancer could speak with the land registry and explain the circumstances.
In what way does the Landlord & Tenant Act 1954 affect my business property in Cockermouth and how can you help?
The 1954 Act gives protection to commercial lessees, giving them the dueness to apply to court for a continuation of occupancy at the end of the lease term. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing solicitors who use the act for protection and help with commercial conveyancing in Cockermouth
My husband and I are four weeks into a leasehold purchase having been referred to a firm by the selling agent to handle our conveyancing in Cockermouth. I am not happy. Can you you assist me in finding new solicitors?
They would need to be very poor to suggest changing them. Has the loan offer been sent? If so you must inform them of the new contact details and have the offer are re-sent. Your solicitor ideally needs to be on the banks panel to avoid escalating costs and frustration. So that should be your first question of the new conveyancers. Our search tool can assist you in finding a bank approved solicitor for your home move in Cockermouth