Are the Altrincham conveyancing solicitors identified as being on the Nottingham conveyancing panel, together with their details provided by Nottingham?
Altrincham conveyancing firms themselves provide us confirmation that they are on the Nottingham conveyancing panel as opposed to being supplied with a list from Nottingham directly.
I am purchasing a property in Altrincham. One unusual aspect is that the roof has a solar panel. Coventry BS have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that you are obtaining a mortgage with Coventry BS your lawyer must follow the formal instructions outlined in Part 2 of UK Finance Lenders’ Handbook for Coventry BS. The CML Handbook stipulates minimum provisions for solar panel roof-space leases, and conveyancing practitioners are required to report to Coventry BS where a lease fails to comply with these specifications. The requirements relate to the installation of panels on properties countrywide and is not limited to Altrincham.
Completion of my remortgage has taken place for my property in Altrincham. Conveyancing was of an acceptable standard but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
All lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. In most cases complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
After shopping around on the internet I have found a Altrincham lawyer having checked that they are on the TSB conveyancing panel. Does my lawyer arrange the survey of the property?
TSB will need an independent valuation of the property. Your lawyer will not arrange this. Usually TSB 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 Altrincham 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.
Various web forums that I have frequented warn that are the primary reason for delay in Altrincham house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays in the conveyancing process. Searches are unlikely to feature in any delay in conveyancing in Altrincham.
I was pointed in your direction by two or three local selling agents in Altrincham to choose a conveyancer using your seach tool. Is there a financial upside for Estate Agents to offer your site rather than alternative conveyancing organisations?
We refuse to offer any referral fee for pointing buyers and sellers in our direction. We thought it would be too underhand to pay a commission because home movers will think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
Can you offer any advice when it comes to appointing a Altrincham conveyancing firm to deal with our lease extension?
When appointing a conveyancer for lease extension works (regardless if they are a Altrincham conveyancing firm) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you make enquires with several firms including non Altrincham conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be of use:
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Can they put you in touch with clients in Altrincham who can give a testimonial? What are the legal fees for lease extension conveyancing?
Altrincham Leasehold Conveyancing - A selection of Queries before Purchasing
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Are there any major works on the horizon that will likely add a premium to the service charges? How long is the Lease? Be sure to find out if the the lease contains any unreasonable restrictions in the lease. For instance plenty of leases prohibit pets being permitted in in a block in Altrincham. If you like the propertyin Altrincham but your dog is not allowed to make the move with you then you have a very hard compromise.
I have miscalculated my finances and am a few grand short a 10% deposit on my flat purchase in Altrincham , but I am anxious proceed. Do I have options?
One option is to try and agree a lesser deposit. Most property owners will agree to a lower deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last minute