I am aiming to move house in April. Will my conveyancing solicitor liaise with the removal company on the day of completion. As an aside, can you put forward a removal company in Kingsbridge. Conveyancing lawyer was found prior to coming across your site.
On the afternoon of completion you can pick up the keys from the estate agent however this can only happen when the vendors conveyancers confirm to the agent that they acknowledge receipt of the completion payment and the keys can be collected. After that you will need to inform the removal company that you are ready to move in. As a matter of policy we do not suggest a specific removal company but can assist you in finding a conveyancing in Kingsbridge or a solicitor with expertise in conveyancing in Kingsbridge.
I was told four weeks ago that my mortgage has been agreed to by Kent Reliance. Is it usual for Kent Reliance to only issue the offer once my solicitor in Kingsbridge is approved on their conveyancing panel? Kent Reliance have asked my solicitor to see a copy of their Professional Indemnity Insurance Schedule.
A lender would not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Kent Reliance to deal with your lawyer's application to be on the Kent Reliance conveyancing panel. There's no guarantee that your solicitor will be accepted.
Having digested plenty of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Kingsbridge solicitor - who is on the Lloyds conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
Lloyds will need an independent valuation of the property. Your lawyer will not arrange this. Usually Lloyds 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. Your conveyancer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Kingsbridge postcode. As you are getting a mortgage with Lloyds, you could contact them to see if they have a list of approved surveyors in Kingsbridge.
I am buying a new build apartment in Kingsbridge. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Kingsbridge
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply a car parking plan.
I'm refinancing my existing property to a buy to let mortgage with The Royal Bank of Scotland and intend to use the remaining equity as a deposit on another house. The area we are interested in is Kingsbridge. Will your solicitors be able to act for both sets of banks and link together the two deals?
Do use our comparison tool on this page to ensure that the conveyancers are approved by both mortgage companies. Assuming that they are your lawyer should be able to connect the two deals but you should talk with you solicitor and specify your expectations and requirements.
As co-executor for the estate of my grandfather I am selling a residence in Monmouth but reside in Kingsbridge. My solicitor (approximately 300 miles awayrequires that I sign a stat dec prior to completion. Can you recommend a conveyancing practitioner in Kingsbridge to attest this legal document for me?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will do regardless of whether they are Kingsbridge based
Do you have any advice for leasehold conveyancing in Kingsbridge with the aim of speeding up the sale process?
- Much of the frustration in leasehold conveyancing in Kingsbridge can be bypassed if you instruct lawyers the minute your agents start advertising the property and ask them to collate the leasehold information needed by the buyers’ lawyers. Many landlords or managing agents in Kingsbridge charge for supplying management packs for a leasehold premises. You or your lawyers should find out the fee that they propose to charge. The management information sought on or before finding a buyer, thus reducing delays. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most common cause of frustration in leasehold conveyancing in Kingsbridge. If there is a history of conflict with your landlord or managing agents it is essential that these are resolved prior to the flat being marketed. The purchasers and their solicitors will be nervous about purchasing a property where a dispute is ongoing. You will have to accept that you will have to discharge any arrears of service charge or settle the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the buyers, but it is clearly preferable to present the dispute as over rather than ongoing. Some Kingsbridge leases require Licence to Assign from the landlord. If this is the case, you should notify your estate agents to make sure that the purchasers put in hand bank and professional references. The bank reference will need to confirm that the buyers are able to meet the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the buyers or their lawyers.
Leasehold Conveyancing in Kingsbridge - A selection of Queries before buying
On the whole the outlay for major works tend not to be included within service charges, albeit that there some managing agents in Kingsbridge ask tenants to pay into a sinking fund and this is used to offset against larger works. Is there a share of the freehold? Best to be warned if changing the roof or some other significant cost is due in the foreseeable future to be shared amongst the tenants and will materially increase the the maintenance charges or necessitate a specific payment.