I am purchasing a semi-detached house in Olney. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Olney you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Olney.
I am aiming to move property in November. Will my conveyancing solicitor communicate with the removal company on the day of completion. Incidentally, can you suggest a removal company in Olney. Conveyancing firm was chosen before I stumbled across this website.
On the afternoon of completion you can collect the house keys from the selling agent however this should only happen once the sellers lawyers advise the agent that the monies to complete are in and the keys can be released. You can tell the removal company that they can start moving you in. We do not recommend a specific removal company but can help you locate a residential property solicitor in Olney or a solicitor with expertise in conveyancing in Olney.
The mortgage over my property is with Clydesdale for my property in Olney. Conveyancing has been completed 12 months ago. In the event that I decide to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a BTL mortgage or inform Clydesdale?
Your original mortgage agreement with Clydesdale will provide that you need their approval prior to renting your property as this is likely to be a breach of Clydesdale’s mortgage conditions. It may be that Clydesdale will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Clydesdale directly. It should not be necessary to do this via a Clydesdale conveyancing panel solicitor.
I have instructed a Olney conveyancing practitioner having checked that they are on the HSBC conveyancing panel. Does my lawyer arrange the survey of the property?
HSBC will need an independent valuation of the property. Your lawyer will not arrange this. Usually HSBC 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 Olney postcode. As you are getting a mortgage with HSBC, you could contact them to see if they have a list of approved surveyors in Olney.
I have justfound out that Stirling Law have closed. They conducted my conveyancing in Olney for a purchase of a freehold house 10 months ago. How can I be sure that my home is not still registered in the name of the previous owner?
The easiest way to check if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Olney conveyancing specialists.
How does the Landlord & Tenant Act 1954 impact my business premises in Olney and how can your lawyers assist?
The 1954 Act provides security of tenure to business tenants, granting the legal entitlement to make a request to court for a new lease and remain in occupation when the lease reaches an end. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Olney is one of our numerous areas of the UK in which the firms we work with are located
Do all mortgage companies provide you with an approved list of Olney solicitors? How do you know who is on the lender conveyancing panel?
Olney law firm practices and firms conducting conveyancing in Olney themselves provide us confirmation that they are on the bank conveyancing panel as opposed to being supplied with a list from the bank directly.