I just bought a flat at auction in Egremont. Conveyancing is required. What is next?
Given that you have now legally committed yourself to purchase you will need to retain a conveyancing practitioner quickly as you will have a fast approaching deadline in which to complete the deal. All auction property should have an associated legal pack. This should include most,if not all of the documents that your solicitor will need. In the case of leasehold premises the legal pack may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to leasehold premises. You need to hand this to the solicitor instructed by you at the earliest opportunity. You also need to ensure that that you have the requisite funding organised to complete the transaction on the set completion date.
I am the single beneficiary of my late father’s will and I have everything in my name alone, including the my former home in Egremont. Conveyancing formalities meant that the Land Registry date was in August. I want to move. I understand that there is a CML six month 'rule', meaning my property ownership could be regarded the same way as though I had purchased the property in August. Do I have to wait half a year to sell?
The CML handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you could be affected by that. many banks would take a sensible view as this requirement is chiefly there to capture subsales or the flipping of properties.
Does a directory service exist listing Bank of Ireland panel solicitors in Egremont on the Building Society Association’s Website?
Unfortunately not yet. There is no such tool on the CML or Building Society Association websites. Very few mortgage companies make their panel listings visible online. If you are in need of a Egremont conveyancing practitioner on the Bank of Ireland please make the most of our facility.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Egremont?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Egremont. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the advice of my in-laws I had a survey completed on a house in Egremont before instructing solicitors. I have been told that there is a flying freehold aspect to the house. The surveyor advised that some lenders tend not give a loan on this type of house.
It varies from the lender to lender. Santander has different instructions from Nationwide. If you e-mail us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Egremont. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Egremont to see if the conveyancing costs will increase in light of this.
Am I best advised to go with a Egremont conveyancing solicitor based in the location that I am buying? An old friend can handle the conveyancing but they are based a couple of hundredkilometers away.
The primary upside of using a local Egremont conveyancing practice is that you can drop in to sign documents, deliver your identification documents and pester them where appropriate. Having local Egremont know how is a plus. However it's more important to get someone that will do a good and efficient job. If other friends have instructed your friend and on the whole were happy that should outweigh using an unknown Egremont conveyancing solicitor just because they are based in the area.
What can I do where I am not happy with the solicitor who handled my conveyancing in Egremont?
Occasionally the level of service you receive is not as you expect, and is is a fact of life that sometimes matters do not go as planned. That being said there is recourse where you were not happy with your conveyancing in Egremont. This varies from trying to resolve matters directly with them, through to reporting a solicitor to their governing body. If you remain aggrieved you may consider getting in touch with the Legal Ombudsman.