I sincerely hope you can assist me. My Shoreham By Sea solicitor is assuring me that she is duty bound toapply for Shoreham By Sea conveyancing searches becausethe firm are on the Lloydsapproved lawyer panel. Is this really necessary?
Unfortunately both you and your lawyer have little choice here. Given that you are taking out a loan with a mortgage company your property lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancing practitioner would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to comply with the CML Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Shoreham By Sea conveyancing searches.
We wanted to use a property lawyer in Shoreham By Sea for our house move. Our financial adviser has since notified us that our mortgage company Barclays Direct won't deal with them. Why is this not regarded as unfair competition?
A mortgage company can direct that a panel solicitor act for it. You would be expected to bear the charges for this. Please make use of our tool to find a solicitor to carry conveyancing in Shoreham By Sea on the Barclays Direct approved list of solicitors.
A relative suggested that if I am buying in Shoreham By Sea I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually quoted for as part of the standard Shoreham By Sea conveyancing searches. It is a large document of about 40 pages, listing and setting out significant information about Shoreham By Sea around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Shoreham By Sea Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Shoreham By Sea Education with maps and statistics, Local Amenities and other useful data about Shoreham By Sea.
Me and my brother have a terraced Edwardian property in Shoreham By Sea. Conveyancing practitioner represented me and Coventry Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold under the exact same address. I thought I was buying a freehold how can I check?
You should read 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Shoreham By Sea and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with your conveyancing lawyer who carried out the work.
I've recently found out that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a simple, no chain conveyancing. Shoreham By Sea is where the house is located. Can you offer any opinion?
Flying freeholds in Shoreham By Sea are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Shoreham By Sea you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Shoreham By Sea may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.