We are getting the release of further monies on our home loan from TSB as we wish to conduct alterations to our house in Abingdon. Do we need to appoint a high street Abingdon solicitor on the TSB conveyancing panel to deal with the legals?
TSB would not normally appoint a member of their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the TSB panel.
I recently had an offer accepted on a house in Abingdon. My mortgage broker suggested a solicitor. I paid an advanced payment of £175. Soon after, the conveyancing practitioner contacted me to say that they were not on the Skipton conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Skipton panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Kent Reliance have agreed my mortgage in principle, my bid on a property in Abingdon has been agreed to, what are the next steps?
The property agent will need to know who your solicitors are (ensure that the conveyancing practitioners are on the lender’s approved list). Call up Kent Reliance or your broker and finish off any relevant forms. Kent Reliance will appoint a valuer who will get in contact with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes on average ten days to get a mortgage offer. Kent Reliance will send the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Abingdon.
Just acquired a detached house in Abingdon , how long will it take for the Land Registry to record my title? My Abingdon conveyancing solicitor has been very slow, so I want to check that my ownership is registered.
There is nothing unique about conveyancing in Abingdon registration formalities. Rather than based on location, timeframes can adjust subject to the party submitting the application, whether it is in order and if the Land registry must send notices to any third parties. Currently in the region of 80% of submission are fully addressed within 12 days but occasionally there can be longer hold-ups. Registration takes place once the buyer is living at the premises therefore an expedited registration is not typically top priority but where it is urgent that the the registration takes place urgently then you or your solicitor should communicate with the Registry to express the reasoning for the application to be prioritised.
I'm buying my first flat in Abingdon benefiting from help to buy. The developers refused to reduce the price so I negotiated 6k of extras instead. The property agent advised me not to tell my lawyer about this extras as it could adversely affect my mortgage with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Given that I am about to part with £400,000 on a terraced house in Abingdon I would like to have a conversation with the solicitor regarding thehouse move before instructing the firm. Is this something that you can arrange?
We could not agree more - it is our preference to talk to you we do not take any clients on without you speaking to the lawyer who will be doing your property ownership legalities in Abingdon.There is no ‘factory style conveyancing’ - each client is an important person, not a case number. The practices that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Abingdon should be the figure that you end up paying.
I am 3 weeks into a leasehold purchase having been directed to conveyancers by the local agent to carry out the conveyancing in Abingdon. I am am extremely dissatisfied with the level of service. Can you help me find new conveyancers?
They would need to be really poor in order to consider replacing them. Has your mortgage been sent? In the event that it has you will need to make them aware of the new contact details and get the mortgage documents are issued to the new lawyers. Your new solicitor ideally needs to be on the banks approved list to avoid supplemental fees and frustration. So that should be your first question of the new solicitors. Our find a solicitor tool can help you find a lender approved solicitor for your conveyancing in Abingdon
There are only 72 years remaining on my lease in Abingdon. I need to extend my lease but my landlord is absent. What options are available to me?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. However, you will be required to prove that you or your lawyers have made all reasonable attempts to find the lessor. In some cases an enquiry agent would be useful to try and locate and to produce an expert document which can be used as proof that the landlord can not be located. It is advisable to get professional help from a solicitor in relation to investigating the landlord’s disappearance and the vesting order request to the County Court covering Abingdon.
I acquired a studio flat in Abingdon, conveyancing formalities finalised in 2012. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar flats in Abingdon with an extended lease are worth £202,000. The average or mid-range amount of ground rent is £60 invoiced every year. The lease terminates on 21st October 2081
With just 56 years left to run the likely cost is going to be between £29,500 and £34,000 plus professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more detailed investigations. Do not use this information in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.