We are hoping to purchase a 1 bedroom flat in Dorchester with a mortgage. We have a Dorchester conveyancer, but the bank advise he's not on their "panel". We have to appoint one of the mortgage company panel conveyancing practices or keep our Dorchester conveyancing practitioner as well as pay for one of their panel ones to act for them. We regard this is unjust; is there anything we can do?
Unfortunately,no. The mortgage offered to you is subject to its terms and conditions, one of which will be that lawyers will on the bank’s conveyancing panel. Until recently, most lenders had large numbers of law firms on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your Dorchester conveyancing solicitor to apply to be on the conveyancing panel.
It has been 2 months following my purchase conveyancing in Dorchester took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I have been on the look out for a flat up to £245,000 and identified one near me in Dorchester I like with amenity areas and railway links in the vicinity, however it only has 51 remaining years left on the lease. I can't really find anything else in Dorchester in this price bracket, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a mortgage that many years will likely be a potential deal breaker. Discount the price by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.
In what way does the Landlord & Tenant Act 1954 impact my commercial offices in Dorchester and how can your lawyers assist?
The 1954 Act provides security of tenure to business tenants, granting the a statutory right to make a request to court for a new lease and remain in occupation at the end of an expired lease. There are limited grounds where a landlord can refuse 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 handle your commercial conveyancing in Dorchester
As co-executor for the will of my aunt I am disposing of a house in Newport but live in Dorchester. My lawyer (based 235 miles from meneeds me to execute a stat dec before completion. Could you suggest a conveyancing lawyer in Dorchester to attest this legal document for me?
Technically speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are Dorchester based