We see that you have a post code search directory listing law firms on the RBS conveyancing panel. Do companies pay you a commission if I retain them for our conveyancing in Ombersley?
We are a listing service only for law firms wishing to communicate if they are on the RBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Ombersley.
Are the BSA planning on creating a search tool with a view to list practices on the Loughborough BS conveyancing panel for example in Ombersley?
Lexsure has not been advised of any intention on the part of the BSA to develop such a register.
Have just purchased a repossessed house at auction in Ombersley. Conveyancing is necessary. What are my next steps?
Having exchanged you will need to choose a conveyancing lawyer as a matter of urgency as you are facing a tight deadline in which to complete the purchase. An auction property will ordinarily have an associated legal set of papers. This should include most,if not all of the documents that your solicitor will need. Where you are dealing with leasehold premises the auction pack should provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation relating to leasehold premises. You must give this to your appointed conveyancing solicitor ASAP. You also need to ensure that that you have the requisite funding organised to complete the transaction on the set completion date.
I have paid off my mortgage with Coventry BS. I assume I don't need a Ombersley lawyer on the Coventry BS panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Coventry BS mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Coventry BS mortgage from the register. Coventry BS, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Coventry BS has sent the Land Registry the discharge electronically, and
- Coventry BS has instructed the Land Registry to do so
Intending to buy a flat in Ombersley. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Co-operative conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Ombersley solicitor is on the Co-operative conveyancing panel.
I have justfound out that Arc property Solicitors have been shut down. They conducted my conveyancing in Ombersley for a purchase of a leasehold flat 12 months ago. How can I check that the property is in my name in the name of the previous owner?
The quickest method to see if the premises is in your name, you can make 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 Ombersley conveyancing specialists.
I am looking at a two maisonettes in Ombersley which have in the region of 50 years remaining on the leases. Will this present a problem?
A lease is a legal document that entitles you to use the premises for a prescribed time frame. As a lease shortens the marketability of the lease decreases and it becomes more expensive to acquire a lease extension. For this reason it is generally wise to extend the lease term. Sometimes it is difficult to sell a property with a short lease as mortgage lenders less inclined to grant a loan on such properties. Lease enfranchisement can be a difficult process. We recommend you seek professional help from a solicitor and surveyor with experience in this area.
Ombersley Leasehold Conveyancing - A selection of Questions you should consider Prior to Purchasing
How much is the ground rent and service charge? Who is in charge of the building?