We are selling our flat in Ouston. Will the conveyancer need to be on the Barclays conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Barclays conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently currently.
I am buying a 4 bedroom semi-detached house in Ouston. We would like to an extension at the rear at the property.Will the conveyancing process include checks to determine if these alterations are permitted?
Your conveyancer should review the deeds as conveyancing in Ouston can sometimes reveal restrictions in the title documents which restrict categories of changes or necessitated the permission of another owner. Some works call for local authority planning permissions and approval under the building regulations. Certain locations are designated conservation areas and special planning restrictions apply which frequently prevent or impact extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.
is it true that all Ouston conveyancing solicitors on the Virgin Money conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the Virgin Money conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Some lenders do list licenced conveyancers on their panel and in that case the firms would be overseen by the Council of Licensed Conveyancers.
My wife and I have organised a further advance on our mortgage from Principality as we want to carry out renovations to our home in Ouston. Are we obliged to appoint a local Ouston solicitor on the Principality conveyancing panel to deal with the legals?
Principality do not ordinarily instruct firms on their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Principality list.
I purchased a renovated Edwardian house in Ouston. Conveyancing solicitor acted for me and TSB. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold under the exact same property. Is it worth asking TSB to clarify?
You need to assess 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 Ouston and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with your conveyancing solicitor who conducted the conveyancing.
Over the last few months I have been searching for a flat up to £305k and identified one close by in Ouston I like with a park and station nearby, however it's only got 49 remaining years left on the lease. I can't really find anything else in Ouston for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a home loan the shortness of the lease will likely be an issue. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the property for a minimum of twenty four months you may request that they start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.
In searching the internet for the term on line conveyancing in Ouston it shows results of many conveyancersin the vicinity. How do I determine which is the suitable conveyancing solicitor for my move?
The best way of seeking the right conveyancer is via personal referral, so ask colleagues and family who have acquired a property in Ouston or a reputable estate agent or financial adviser. Costs for conveyancing in Ouston differ, so it's a good idea to request a minimum of four fee estimates from different conveyancers. Be sure to obtain confirmation that the charges are assured not to increase.