At what point does exchange of contracts occur in sale conveyancing in Boston and do I need to be at the solicitors office?
Where you are near to our conveyancing solicitors in Boston you are welcome to come in to sign the paperwork. That being said, the firms we recommend provide a countrywide conveyancing service and give just as detailed and professional a job for you when dealing with you digitally. The executing of the purchase agreement is not the point of no return. Signing on the dotted line is just a prerequisite for the conveyancer to exchange contracts at the appropriate time, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Boston)to be in the office at the appropriate time.
A friend informed me that in buying a property in Boston there may be a number of restrictions limiting what one can do in terms of external changes to the property. Is this right?
We are aware of anumerous of properties in Boston which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Boston should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
is it true that all Boston conveyancing solicitors on the HSBC conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the HSBC conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. The majority of mortgage companies do permit licenced conveyancers on their panel and in that case the organisation would be overseen by the Council of Licensed Conveyancers.
Skipton have agreed my mortgage in principle, my offer on a apartment in Boston has been accepted, what are the next steps?
Your estate agent will want to know who your solicitors are (be sure the conveyancers are on the lender’s panel). Telephone Skipton or your broker and complete any relevant paperwork. Skipton will instruct a valuer who will get in contact with the selling agent or seller to schedule a time for the valuation to occur. Once carried out (assuming no problems) it takes approximately a week to receive the mortgage offer. Skipton will issue the offer to you and your lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Boston.
I have been on the look out for a flat up to £195,000 and identified one round the corner in Boston I like with open areas and transport links nearby, however it's only got 52 years on the lease. I can't really find anything else in Boston in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you require a mortgage the remaining unexpired lease term may be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of 2 years you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
I am a couple of weeks into a leasehold purchase having been recommend to solicitors by the estate agent to carry out the conveyancing in Boston. I am am extremely frustrated with the quality of service. Can you help me find new lawyers?
They would have to be very bad in order to consider changing them. Has your mortgage offer been issued? If so you will need to advise them of the new conveyancer and ensure the loan are re-sent. Your conveyancer should be on the lenders panel to avoid supplemental expenses and delays. So that should be your starting point. The find a solicitor tool can assist you in finding a lender approved conveyancer for your home move in Boston
How easy is it to change a solicitor as I need to find a Boston based firm who is on the mortgage company conveyancing panel. Is it advisable to appoint a new law firm?
In the event that you have not formally instructed a conveyancer to start work and at this stage simply received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Boston that you're thinking of instructing.