We're in Winchester, First timers buying with a mortgage (lender is RBS , and our lawyer is on the RBS conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the RBS conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I have todaybeen informed that Arc property Solicitors have been shut down. They conducted my conveyancing in Winchester for a purchase of a leasehold apartment 9 months ago. How can I establish that the property is not still registered in the name of the previous owner?
The quickest way to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Winchester conveyancing specialists.
In what way can the Landlord & Tenant Act 1954 affect my commercial property in Winchester and how can your lawyers assist?
The particular law that you refer to provides security of tenure to business leaseholders, giving them the legal entitlement to make a request to court for a new tenancy and remain in occupation when the lease comes to an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Winchester is one of the hundreds of locations in which the firms we work with are based
My husband and I are novice buyers - had an offer accepted, but the estate agent advised that the seller will only move forward if we use their chosen solicitors as they want an ‘expedited deal’. We would rather use a local conveyancer with experience of conveyancing in Winchester
We suspect that the seller is unaware of this request. Should the owner want ‘a quick sale', turning down a serious buyer is not the way to achieve this. Speak to the vendors direct and make the point that (a)you are serious purchasers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you are going to appoint your own,trusted Winchester conveyancing firm - not the ones that will give their estate agent a referral fee or achieve conveyancing targets pre-set by head office.
Me and my husband have agreed a price on a Winchester apartment we inherited some years ago in 2010. I have over ten years conveyancing experience and, now retired, wish to carry out the conveyancing. The purchaser's lawyer has informed me that their mortgage company will not allow us to do our own conveyancing requiring the funds to be transferred to a solicitor's bank account.
Mortgage requirements to conveyancers from all mainstream lenders state that If the vendor is not legally represented the purchaser’s lawyers should check whether the bank needs to be told so that a decision can be made as to whether they are prepared to move forward.