I plan on acquiring a leasehold flat in Ottery St Mary. My lawyer is not on the bank conveyancing list. Am I still permitted to continue with my Ottery St Mary conveyancing solicitor notwithstanding that they are not on the lender list of approved lawyers?
You will need to appoint a solicitor to complete the formalities if you require a loan to buy your property. The conveyancing practitioner will conduct all the essential due diligence on the property, ensuring that you will be properly registered as the owner and ensure that all the required mortgage paperwork is dealt with. One may appoint a Ottery St Mary conveyancing practitioner of your choice. Nevertheless, where the conveyancer selected is not a member of the bank approved list supplemental charges will arise as separate legal representation will be need by the bank. Lender panel applications may be submitted, so if your conveyancer has not in the past sought membership they should take the chance to apply.
I require fast conveyancing in Ottery St Mary as I have an ultimatum to exchange contracts inside 3 weeks. A home loan is not required. Is it possible to decline from having conveyancing searches to save money and time?
As you are not obtaining a home loan you are at free not to do searches although no lawyer would advise that you don't. Drawing on years of experience of conveyancing in Ottery St Mary the following are instances of what can be revealed and therefore impact market value: Refused Planning Applications, Overdue Charges, Outstanding Grants, Railway Schemes,...
I bought my flat on 10 November and the transaction details are still not registered. Any reason for this? My conveyancing solicitor in Ottery St Mary said it will be recorded inside ten days. Are titles in Ottery St Mary uniquely lengthy to register?
As far as conveyancing in Ottery St Mary registration is no faster or slower than anywhere else in England and Wales. Rather than based on location, timeframes can differ depending on who lodges the application, whether it is in order and whether the Land registry have to notify any interested persons or bodies. At present roughly 80% of such applications are fully addressed in less than three weeks but some can be subject to protracted hold-ups. Registration takes place once the buyer has moved in to the property thus post completion formalities is not always top priority yet if there is a degree of urgency associated with the registration then you or your lawyers can contact the land registry and explain the circumstances.
I am a sole trader planning to lease a unit on a shopping parade. Can you recommend conveyancers offering competitive fees for non-domestic conveyancing in Ottery St Mary for under £2000?
We can recommend firms who host a wealth of experience of commercial conveyancing in Ottery St Mary, including the sale and acquisition of businesses as well as simply premises. If you are looking to buy or sell a shop, pub, restaurant, office, retail premises or a complete business we will put you in touch with the right solicitor. As for the charges this will depend on the structure and heads of terms of the deal. Let us have your details or email us so that we can provide you with comprehensive commercial conveyancing quote.
My solicitors in Ottery St Mary have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with the mortgage company. Is it case that being on the bank conveyancing panel they need to have retained the file for a prescribed period?
Different lenders have different requirements but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the bank Conveyancing Panel Terms. It might be worth you contacting the mortgage company directly.