I have just started taking steps with the aim of switching my existing standard home loan to a Buy to Let Skipton Building Society mortgage. I was told by my financial advisor that I must appoint a solicitor for this. I spoke to the same Kimberley conveyancing practitioner who dealt with the legals when I initially purchased the property. The fee calculation provided of £470 has taken me by surprise as its a refinance than a sale or purchase.
The estimate does seem a tad steep. If you are happy to invest time scrutinising quotes you may be able to reduce the fees slightly by say £100 plus VAT. On the other hand, if you were happy with the conveyancing the firm gave you maycome to regret opting for an a cheaper conveyancer. If is important to ensure that the conveyancer can represent Skipton Building Society. You can make use of our search tool to select a Kimberley conveyancing firm on the Skipton Building Society approved list of lawyers, which can often include conveyancing solicitors in Kimberley.
Please could you suggest a Aldermore allowed Kimberley conveyancing solicitor who can have us moved in within a short deadline? Am I best advised to choose a local Kimberley solicitor or a factory type comparison site?
We can recommend some very good Kimberley conveyancing firms. Another option is to visit the main road in Kimberley. Approach two or three firms and request to see a conveyancing solicitor for a costs illustration. Mention your deadline together with the reasons and get a commitment on your deadline. Appoint the one that you trust.
About to place a bid on a leasehold property in Kimberley. The property agents tell me that it is standard for flats in Kimberley to have less than 75 years unexpired on the lease. I am expecting a loan with Bank of Ireland. Is this going to be acceptable if the lease has Seventy One years unexpired.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are securing a mortgage then your lender may insist that the lease be extended before competition. Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 5/5/2024 the requirements read as follows :
My wife and I are purchasing a house in Kimberley. I might seem paranoid but how we can trust a lawyer? On the day of competition we have to send money into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I have decided to exercise my right to buy my property in Kimberley off the council. I have a mortgage agreed with HSBC. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with HSBC, you will need to appoint a solicitor on the HSBC conveyancing panel.
Completion of my remortgage has taken place for my property in Kimberley. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
All banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. Ordinarily complaints to a lender are resolved effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I used Wolstenholmes a few years past for my conveyancing in Kimberley. Now, I need the files however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Kimberley of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I own a leasehold house in Kimberley. Conveyancing and Bank of Scotland mortgage organised. A letter has just been received from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1997. The conveyancing solicitor in Kimberley who previously acted has now retired. What should I do?
The first thing you should do is make enquiries of the Land Registry to make sure that this person is indeed the new freeholder. It is not necessary to instruct a Kimberley conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I bought a split level flat in Kimberley, conveyancing formalities finalised September 2008. How much will my lease extension cost? Corresponding properties in Kimberley with over 90 years remaining are worth £206,000. The ground rent is £45 levied per year. The lease comes to an end on 21st October 2090
With only 66 years unexpired we estimate the premium for your lease extension to span between £11,400 and £13,200 as well as legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.