Are the Launceston conveyancing solicitors identified as being on the Leeds Building Society conveyancing panel, together with their details provided by Leeds Building Society?
Launceston conveyancing firms themselves provide us confirmation that they are on the Leeds Building Society conveyancing panel as opposed to being supplied with a list from Leeds Building Society directly.
My bid for a property was accepted at auction in Launceston. Conveyancing is necessary. What happens now?
Having for in every practical sense signed on the dotted line you should hire the services of a conveyancing lawyer quickly as you are facing a fast approaching deadline in which to complete the conveyancing. Every auction property will have an associated auction set of papers. This will likely include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold property the conveyancing papers may contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation specific to a leasehold property. You should hand this to the conveyancer working for you ASAP. You also need to ensure that you have funds in place to complete the transaction on the set completion date.
We are buying a detached bungalow in Launceston. The intention is to carry out an extension to the side at the house.Will the conveyancing process involve investigations to see if these alterations were previously refused?
Your conveyancer should check the registered title as conveyancing in Launceston can occasionally reveal restrictions in the title deeds which prohibit certain alterations or necessitated the consent of a 3rd party. Certain additions need local authority planning consent and approval in compliance with building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these things with a surveyor before you commit yourself to a purchase.
We previously selected conveyancing lawyers located in Launceston on the Leeds Building Society solicitor approved list. They have just invoiced me a further fee for the legal aspects of the Leeds Building Society mortgage. Is this an additional conveyancing fee set by Leeds Building Society?
Unfortunately, as long as it is in their Terms and Conditions or Quote then yes your solicitor can charge a fee for this. The charge is not set by Leeds Building Society but by your Launceston conveyancing practitioner. Plenty of firms on the Leeds Building Society panel will quote an ‘acting for lender’ fee and others do not.
My wife and I have a 4 bedroom Victorian property in Launceston. Conveyancing lawyer represented me and Birmingham Midshires. I did a free Land Registry search last week and I saw two entries: the first freehold, another for leasehold with the matching property. I thought I was buying a freehold how can I check?
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Launceston and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with the conveyancing solicitor who conducted the purchase.
I have been on the look out for a leasehold apartment up to £305k and identified one close by in Launceston I like with open areas and station nearby, however it only has 61 years on the lease. I can't really find anything else in Launceston for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a home loan the shortness of the lease may be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you may ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor about this matter.
I need to find a conveyancing solicitor for my conveyancing in Launceston. I happened to land on a web site which looks to be the perfect answer If it is possible to get all the legals done via web that would be ideal. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?