We see that you have a post code search directory identifying law firms on the Clydesdale conveyancing panel. Do companies pay you a referral fee if I retain them for our own conveyancing in Southsea?
We are a listing service only for law firms wishing to communicate if they are on the Clydesdale conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Southsea.
is it true that all Southsea conveyancing solicitors on the Principality conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Principality approved list of solicitors they would need to be regulated by the SRA. Some mortgage companies do list licenced conveyancers on their panel and in that case the firms would be governed by the Council of Licensed Conveyancers.
I have paid off my mortgage with Nottingham. I assume I don't need a Southsea property lawyer on the Nottingham panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Nottingham mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Nottingham mortgage from the register. Nottingham, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Nottingham has sent the Land Registry the discharge electronically, and
- Nottingham has instructed the Land Registry to do so
I have instructed a Southsea conveyancing practitioner having checked that they are on the Skipton conveyancing panel. Does my lawyer arrange the survey of the property?
Skipton will need an independent valuation of the property. Your lawyer will not arrange this. Usually Skipton will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Southsea surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
I completed on my apartment on 13 February and the transaction details is not yet on the land registry website. Should I be concerned? My conveyancing solicitor in Southsea expressed confidence that it should be concluded in less than a month. Are properties in Southsea uniquely lengthy to register?
There is nothing unique about conveyancing in Southsea registration formalities. As opposed to being determined by geographic area, timescales can adjust depending on the party submitting the application, whether there are errors and whether the Land registry need to notify any interested persons or bodies. Currently in the region of 80% of submission are completed within two weeks but some can be subject to longer hold-ups. Registration takes place after the new owner has moved in to the premises thus registration formalities is not always an essential issue yet if it is urgent that the the registration takes place urgently then you or your lawyers can speak with the land registry and explain the circumstances.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Southsea is where the house is located. Is there any advice you can give?
Flying freeholds in Southsea are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Southsea 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 Southsea 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 premises.
I have just placed an offer on an apartment in Southsea and the broker that we are using suggested his solicitor. They quoted £800 including VAT and 3rd party costs. Does this sound like a good deal?
Don't just go on a single quote. You should seek like-for-like quotes for your conveyancing in Southsea. Then pick one that you are comfortable with and crucially, is on the approved list of the bank that you are sourcing your mortgage from.