My apartment in Seaton is up for sale and I have accepted an offer. Will the lawyer need to be on the Yorkshire BS conveyancing panel in order to deal with repayment of my mortgage?
Ordinarily, even if your lawyer is not on the Yorkshire BS 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 specifications fairly frequently in recent years.
Despite weeks of looking the Title Certificate and documents to my property are lost. The solicitors who handled the conveyancing in Seaton 10 years ago have long since closed. What are my next steps?
Gone are the days when you need to have the physical deeds to prove you are the registered proprietor of land or property, given that the Land Registry hold details of all registered land or property electronically.
I opted to have a survey done on a property in Seaton prior to appointing solicitors. I have been told that there is a flying freehold element to the property. Our surveyor advised that some lenders tend not issue a mortgage on such a house.
It depends who your proposed lender is. Lloyds has different instructions for example to Nationwide. Should you wish to call us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Seaton. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Seaton to see if the conveyancing costs will increase in light of this.
I have been advised by a few selling agents in Seaton to locate a solicitor using your seach tool. What’s the financial upside for Estate Agents to recommend your services rather than another?
We don’t make any referral fee for directing people our way. We thought it would be too underhand to pay a commission because a client could think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I am purchasing a garden flat in Seaton. Conveyancing solicitor has been waiting for, from the owner, building insurance documents. This morning I was informed that the seller must forward the insurance paperwork for the flat above as well. Why does my conveyancing practitioner want to review the insurance for the other flat? Is it strictly required? We have been stalled for the last month…
It is not unheard of in leasehold conveyancing in Seaton to discover Conveyancing in Seaton in a minority of cases reveals that the lease obliges the tenant's to insure their individual flats rather than the landlord insuring the entire property - which is clearly preferable. Do clarify with your solicitor but it would appear that your property lawyer is attempting to verify that the entire building is insured. Insuring a ground floor residence is no help when it comes to rebuilding after a fire if the other flat cannot be rebuilt for lack of insurance cover.