Please explain the implications if my lawyer’s firm is suspended from the Nationwide Conveyancing panel ahead of completing my conveyancing in Wimborne?
First, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
Will commercial conveyancing searches reveal impending roadworks that could affect a commercial site in Wimborne?
Its becoming the norm that commercial conveyancing solicitors in Wimborne will order a SiteSolutions Highways report as it reduces the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in Wimborne. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Wimborne.
For every commercial conveyancing transaction in Wimborne it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can result in delays to Wimborne commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Wimborne.
Despite weeks of looking the Title Certificate and documents to my house are lost. The lawyers who conducted the conveyancing in Wimborne 5 years ago no longer exist. What do I do?
You no longer need to have the physical original deeds to prove you are the registered proprietor of land or premises, as the Land Registry hold details of all registered land or property electronically.
Due to the advice of my in-laws I had a survey completed on a property in Wimborne in advance of retaining conveyancers. I have been advised that there is a flying freehold element to the property. My surveyor has said that some mortgage companies will refuse to give a mortgage on this type of property.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. If you contact us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Wimborne. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Wimborne to see if the conveyancing costs will increase in light of this.
In what way can the Landlord & Tenant Act 1954 impact my commercial offices in Wimborne and how can your lawyers assist?
The 1954 Act provides protection to business tenants, granting the a statutory right to apply to court for a continuation of occupancy when the lease comes to an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and handle your commercial conveyancing in Wimborne