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Find a Ottery St Mary Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Ottery St Mary? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Ottery St Mary transaction at risk of delay or failure.

Only LenderPanel.com provides a subset of authorised Ottery St Mary conveyancers for over 130 lenders.


Recently asked questions about conveyancing in Ottery St Mary

We are purchasing our first property. Our lawyer has texted usto see if we would like to order supplemental conveyancing searches. We are really unsure what's relevant for conveyancing in Ottery St Mary

The scope of Ottery St Mary conveyancing searches should be triggered based primarily on the property, the location, the possibility of any of these risks, your familiarity of the area and risks, your general approach to risk. What is important is that you properly appreciate what information each search could provide. Then you can make a decision if you consider that you need that information. Should you be unclear, ask the lawyer to recommend.

Are the Ottery St Mary conveyancing solicitors identified as being on the Kent Reliance conveyancing panel, together with their details provided by Kent Reliance?

Ottery St Mary conveyancing firms themselves provide us confirmation that they are on the Kent Reliance conveyancing panel as opposed to being supplied with a list from Kent Reliance directly.

Have just purchased a probate house at auction in Ottery St Mary. Conveyancing is needed. What is next?

Having legally committed yourself to purchase you now have to find a conveyancing lawyer quickly as you will have a tight a drop dead date to complete the property. An auction property will ordinarily have a corresponding legal pack. This will include evidence of title and search results. In the case of leasehold property the auction papers should include a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation pertinent to leasehold premises. You need to give this to your appointed conveyancing solicitor ASAP. Do make sure that your finances are in order to complete on the on the contractual date .

I can not work out if my bank requires a lease extension. I have called into my local Ottery St Mary building society branch on various occasions and was told it does not affect the mortgage offer and they will lend. My Ottery St Mary conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned to say that they will not lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?

Your conveyancer has to follow the Council of Mortgage Lenders’ Handbook section two specifications for your bank. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years left on the lease.

I am due to exchange contracts on my flat. I had a double glazing fitted in May 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, RBS are being problematic. The Ottery St Mary solicitor who is on the RBS conveyancing panel is recommending indemnity insurance as a solution but RBS are requiring a building regulation certificate. Why do RBS have a conveyancing panel if they don't accept advice from them?

It is probably the case that RBS have referred the matter to their valuer. The reason why RBS 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.

What does a local search tell me regarding the house my wife and I buying in Ottery St Mary?

Ottery St Mary conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search company such as Xpress Legal The local search is essential in every Ottery St Mary conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your new home. The search should provide data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.

I bought my house on 1 March and my personal details are still not on the land registry website. Any reason for this? My conveyancing solicitor in Ottery St Mary said it should be registered inside ten days. Are properties in Ottery St Mary uniquely lengthy to register?

As far as conveyancing in Ottery St Mary registration is no faster or slower than the rest of England and Wales. Rather than based on location, timeframes can adjust subject to who lodges the application, whether it is in order and if the Land registry communicate with any third persons or bodies. As of today in the region of 80% of such applications are fully dealt with in less than three weeks but some can be subject to longer delays. Historically registration is effected after the purchaser has moved in to the property thus registration formalities is not usually top priority but if it is urgent that the the registration takes place urgently then you or your lawyers should speak with the land registry and explain the circumstances.

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