My brother-in-law has suggested I instruct a conveyancing solicitor in Bury. I I would like to check whether they are on the The Royal Bank of Scotland approved list of lawyers. Could you help?
The first thing you should do is call your lawyer and enquire whether they can act for the lender. Otherwise you can call The Royal Bank of Scotland who may be able to confirm.
Will our conveyancer be asking questions regarding flooding as part of the conveyancing in Bury.
The risk of flooding is if increasing concern for solicitors dealing with homes in Bury. There are those who buy a property in Bury, fully aware that at some time, it may be flooded. However, leaving to one side the physical destruction, if a property is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the property. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Lawyers are not best placed to impart advice on flood risk, but there are a various searches that may be undertaken by the purchaser or by their lawyers which should figure out the risks in Bury. The standard completed inquiry forms sent to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual inquiry of the owner to discover if the premises has suffered from flooding. If the premises has been flooded in past which is not notified by the seller, then a purchaser could issue a claim for damages as a result of such an inaccurate response. A purchaser’s solicitors will also carry out an environmental search. This should indicate whether there is a recorded flood risk. If so, further investigations should be carried out.
How does conveyancing in Bury differ for newly converted properties?
Most buyers of new build or newly converted property in Bury contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is constructed. This is because house builders in Bury typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Bury or who has acted in the same development.
Taking into account that I will soon spend hundreds of thousands of pounds on a property in Bury I would like to have a conversation with the conveyancer regarding thehouse move in advance of appointing the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you liaising with the solicitor due to be doing your property ownership legalities in Bury.There is no ‘factory style conveyancing’ - each client is unique person, not a matter number. The practices that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Bury should be the amount on the final invoice that you end up paying.
As co-executor for the estate of my father I am selling a house in Cardiff but live in Bury. My solicitor (who is 250 miles from merequires that I sign a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing lawyer in Bury who can attest and place their company stamp on the document?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are Bury based
I own a leasehold flat in Bury. Conveyancing and Accord Mortgages Ltd mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1998. The conveyancing practitioner in Bury who acted for me is not around. What should I do?
The first thing you should do is contact HMLR to be sure that the individual claiming to own the freehold is indeed the new freeholder. You do not need to incur the fees of a Bury conveyancing firm to do this as it can be done on-line for £3. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I inherited a 2 bed flat in Bury, conveyancing having been completed October 2005. Can you work out an approximate cost of a lease extension? Corresponding flats in Bury with an extended lease are worth £202,000. The ground rent is £60 charged once a year. The lease runs out on 21st October 2078
With just 57 years remaining on your lease we estimate the premium for your lease extension to range between £28,500 and £33,000 plus costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.