I am purchasing a property for cash in Leicester. I have been residing for the previous 20 years in Leicester. Conveyancing searches are a lot of money. Given that I know the road and vicinity intimately should I not bother getting the solicitor to do all the conveyancing searches?
Provided that you do not need a home loan, then almost all of the Leicester conveyancing searches are optional. Your lawyer will try and steer you, no-doubt strongly, that you should have searches done, but she is duty bound to take that path of advice. One thing to bear in mind; if you are intend to dispose of the house one day, it could be of interest to your prospective purchaser what the searches determine. There are plenty of instances where premises with functional issues can still reveal unpredicted search results. A competent conveyancing solicitor in Leicester should provide you some helpful guidance in this regard.
Do all mortgage companies provide you with an approved list of Leicester conveyancing solicitors? How do you know who is on the Clydesdale conveyancing panel?
Leicester conveyancing firms themselves provide us confirmation that they are on the Clydesdale conveyancing panel as opposed to being supplied with a list from Clydesdale directly.
I am purchasing a terrace house in Leicester. Our aim is to carry out an extension to the side at the property.Will legal investigations on the property include enquiries to see if these works are prohibited?
Your conveyancer will review the deeds as conveyancing in Leicester will occasionally identify restrictions in the title deeds which prevent certain changes or need the permission of another owner. Some additions call for local authority planning consent and approval under the building regulations. Many locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these things with a surveyor ahead of any purchase.
How can we know in advance if a Leicester conveyancing solicitor on the RBS panel is any good?
When it comes to conveyancing in Leicester seeking recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the solicitor carrying out your transaction.
I am due to exchange contracts on my apartment. I had a double glazing fitted in May 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, Coventry BS are being difficult. The Leicester solicitor who is on the Coventry BS conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Coventry BS are insisting on a building regulation certificate. Why do Coventry BS have a conveyancing panel if they don't accept advice from them?
It is probably the case that Coventry BS have referred the matter to their valuer. The reason why Coventry BS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I have been told that property searches are the primary cause of hinderance in Leicester conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays during the legal transfer of property. Local searches are not likely to feature in any holding up conveyancing in Leicester.
Me and my brother own a 4 bedroom Victorian house in Leicester. Conveyancing solicitor acted for me and The Mortgage Works. I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register for 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 Leicester 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 mortgage companies. You can also check the position with the conveyancing practitioner who conducted the conveyancing.