My wife and I are buying a apartment in East Dean. I might seem paranoid but how we can trust a lawyer? At some point we have to deposit money into their account. What protection do we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I have instructed a East Dean conveyancer having checked that they are on the RBS conveyancing panel. Does my lawyer arrange the survey of the property?
RBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually RBS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own East Dean surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Skipton have agreed my home loan in principle, my offer on a apartment in East Dean has been accepted, what happens next?
The property agent will need to know who your solicitors are (be sure the lawyers are on the bank’s panel). Telephone Skipton or your broker and complete any outstanding paperwork. Skipton will appoint a valuer who will get in touch with the estate agent or vendor to arrange an appointment. Once conducted (assuming no problems) it takes on average ten days to get a mortgage offer. Skipton will issue the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in East Dean.
It has been five months since my purchase conveyancing in East Dean concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. 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 asset 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've recently found out that there is a flying freehold issue on a property I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. East Dean is the location of the property. Can you shed any light on this issue?
Flying freeholds in East Dean are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in East Dean you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in East Dean may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Can you offer any advice when it comes to finding a East Dean conveyancing practice to deal with our lease extension?
When appointing a property lawyer for lease extension works (regardless if they are a East Dean conveyancing firm) it is essential that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you talk with two or three firms including non East Dean conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be useful:
Can they put you in touch with clients in East Dean who can give a testimonial? How familiar is the practice with lease extension legislation?
East Dean Conveyancing for Leasehold Flats - Sample of Questions you should ask Prior to Purchasing
Is the freehold reversion owned collectively by the leaseholders? Who takes responsibility for maintaining and repairing the building? The best form of lease structure is a share of the freehold. In this situation the leaseholders have being in charge if their destiny and even though a managing agent is usually retained where it is larger than a house conversion, the managing agent employed by the leaseholders.
My wife and I are in the market for a quality conveyancing solicitor in East Dean to purchase a flat. I want to avoid being ripped off but with so many East Dean conveyancing solicitors out there...how do I know which one is best to appoint?
To get quotes for your move from the conveyancing firms that provide services in East Dean please use our quote tool.