Have just purchased a probate house at auction in Minehead. Conveyancing is required. What are my next steps?
Now that you have legally bound yourself to purchase you now have to find a conveyancing solicitor quickly as you now have a pending deadline in which to complete the deal. All auction property will ordinarily have a bespoke auction pack. This will include the copy title deeds, local authority and drainage searches. In the case of leasehold premises the conveyancing pack may provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing documentation pertinent to a leasehold property. You need to give this to your appointed conveyancing solicitor ASAP. Do make sure that your finances are in place to complete on the on the contractual date .
Is it correct that all Minehead CQS (Conveyancing Quality Scheme) solicitors are on the RBS conveyancing list of approved firms?
It is true that some banks and building societies now use CQS as the starting point for Panel approval such as HSBC and Santander. The Law Society’s CQS membership however gives no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their approved list of conveyancing solicitors.
We were going to get a OIP from Kent Reliance this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Kent Reliance recommend any Minehead solicitors on the Kent Reliance conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Minehead solicitors independently although you'll need to choose one on the Kent Reliance conveyancing panel. The solicitor represents both you and Kent Reliance through the process.
I need some expedited conveyancing in Minehead as I am under a deadline to exchange contracts in less than 2 weeks. Fortunately I do not require a mortgage. Is it possible to avoid the conveyancing searches to save money and time?
As you are not obtaining a mortgage you have the choice not to have searches conducted although no law firm would recommend that you don't. With lots of history conveyancing in Minehead the following are examples of what can be revealed and therefore affect future mortgageability: Enforcement Notices, Overdue Fees, Outstanding Grants, Railway Schemes,...
The deeds to our home are lost. The solicitors who handled the conveyancing in Minehead 10 years ago no longer exist. Will I be able to sell the house?
Gone are the days when you need to have the physical official documentation to prove you are the registered proprietor of land or property, as the Land Registry have everything they need in a digital format.
How does conveyancing in Minehead differ for newly converted properties?
Most buyers of new build property in Minehead come to us having been asked by the seller to exchange contracts and commit to the purchase even before the property is built. This is because new home sellers in Minehead tend to acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Minehead or who has acted in the same development.
My father has suggested that I appoint his conveyancing solicitors in Minehead. Should I use them?
Much as we are happy to recommend a Minehead conveyancing lawyer it’s preferable to find a conveyancing lawyer is to have guidance from friends or family who have actually used the firm you're are thinking of instructing.