It has taken forever and a day but a loan agreement from Nationwide for the remortgage of my 4 room garden flat is expected any day now. Can you propose a low cost conveyancing solicitor in Feltwell?
You are on the wrong site if you are in need of a cheap conveyancing in Feltwell. We can offer you excellent value conveyancing but our intention is not to work with the cheapest lawyers. Avoid the trap of appointing companies teasing you with ninety nine pound conveyancing in Feltwell. In your best case scenario, in being led by low cost conveyancing, you will get your money’s worth and at worst you will end up paying a lot in extras and still not get the service expected.
My grandmother passed away 10 months ago and as sole heir and executor I was left the house in Feltwell. The house had a relatively small loan remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Lloyds, pay off the mortgage. Is this possible?
Given you plan to refinance then Lloyds will insist on your using a conveyancer on the Lloyds conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Lloyds conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Lloyds mortgage is registered as a charge at the Land Registry.
Due to the encouragement of my in-laws I had a survey completed on a house in Feltwell prior to appointing solicitors. I have been informed that there is a flying freehold overhang to the house. Our surveyor has said that some lenders tend not give a mortgage on this type of premises.
It varies from the lender to lender. Bank of Scotland has different instructions for example to Nationwide. If you contact us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Feltwell. Conveyancing may be slightly more expensive based on your lender's requirements.
I am using a search engine for the words on line conveyancing in Feltwell it shows results of numerous solicitorslocally. How do I determine which is the right solicitor for my move?
The preferential method of seeking a suitable conveyancer is via trusted referral, so ask friends and those you trust who have purchased a property in Feltwell or a reputable estate agent or financial adviser. Costs for conveyancing in Feltwell differ, so it's a good idea to secure a minimum of three fee estimates from varying types of property lawyers. Dont forget to clarify that the fees are fixed.
I have just appointed agents to market my 2 bed flat in Feltwell. Conveyancing solicitors are to be appointed soon, however I have recently received a half-yearly maintenance charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should pay the maintenance contribution as usual given that all rents and service invoices should be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Feltwell Leasehold Conveyancing - A selection of Questions you should ask before buying
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What is the yearly maintenance fee and ground rent? Many Feltwell leasehold flats will be liable to pay a service charge for the upkeep of the block set on behalf of the management company. Where you purchase the apartment you will have to pay this liability, normally in instalments during the year. This can differ from two or three hundred pounds to thousands of pounds for large purpose-built blocks. There will also be a ground rent to be met yearly, this is usually not a large figure, say around £50-£100 but you need to check it because on occasion it could be many hundreds of pounds. Is anyone aware of any major works in the near future that could increase the maintenance fees?
Our estate agent has recommended their solicitor for our conveyancing in Feltwell - won’t it be advisable to just use them?
You need to establish if the selling agent is recommending a conveyancer or introducing to a conveyancer. There are plenty of Feltwell selling agents who recommend two or three Feltwell conveyancing firms and get nothing from it.