Our family lawyer has quoted £1400 for fixed fee conveyancing in Charlton. I am hoping to downsize from a newly refurbished detached home for £300,000. This sounds overpriced. Is it in excess of the norm for conveyancing in Charlton?
The estimate does seem marginally overpriced. If you shop around you might trim some of the cost by as much as £100 plus VAT. On the other hand, you couldlive to regret choosing an an unknown solicitor. Don't forget to be sure that the firm can act for your mortgage company. Do use our comparison tool to locate a Charlton conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Charlton.
My wife and I are acquiring a newly built duplex in Charlton and my conveyancer is advising me that she has to the mortgage company to disclose incentives from the builder. I am on a tight deadline to sign contracts and I don't want to prolong the conveyancing. Is my lawyer right?
You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook provisions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Do the Building Society Association intend to launch a searchable register to list firms on the Earl Shilton BS conveyancing panel for instance in Charlton?
We have not been informed any plans on the part of the BSA to develop such a register.
My bid for a property was accepted at auction in Charlton. Conveyancing is required. What is next?
Having for in every practical sense signed on the dotted line you must find a conveyancing solicitor as a matter of priority as you will have a tight deadline in which to complete the conveyancing. An auction property will have a corresponding legal set of papers. This will likely include the copy title deeds, local authority and drainage searches. Where you are dealing with leasehold premises the legal pack may provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing documentation pertinent to leasehold premises. You must give this to the solicitor instructed by you as soon as possible. Do make sure that that you have the requisite funding in place to complete on the date specified in the contract.
We are getting a further advance on our home loan from Kent Reliance as we wish to conduct renovations to our home in Charlton. Are we obliged to choose a high street Charlton solicitor on the Kent Reliance conveyancing panel to handle the paperwork?
Kent Reliance would not normally instruct a member of their conveyancing panel to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Kent Reliance list.
We have agreed to purchase a house in Charlton. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Bank of Ireland be concerned?
Given that you are obtaining a mortgage with Bank of Ireland your lawyer must check the conveyancing instructions set out in Section 2 of UK Finance Lenders’ Handbook for Bank of Ireland. The Council of Mortgage Lenders’ Handbook sets out minimum provisions for solar panel roof-space leases, and conveyancers are required to report to Bank of Ireland where a lease fails to meet these provisions. The specifications relate to the installation of panels on properties nationwide and is not restricted to Charlton.
I need to appoint a conveyancing solicitor for leasehold conveyancing in Charlton. I have stumble across a site which appears to be the perfect offering If it is possible to get all this stuff completed via email that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I own a leasehold flat in Charlton. Conveyancing and Nottingham Building Society mortgage organised. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in Charlton who previously acted has now retired. Any advice?
The first thing you should do is contact the Land Registry to be sure that this person is in fact the registered owner of the freehold reversion. You do not need to instruct a Charlton conveyancing solicitor to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
After months of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Charlton. Can we issue an application to the Residential Property Tribunal Service?
in cases where there is a absentee freeholder or if there is disagreement about what the lease extension should cost, under the relevant legislation it is possible to make an application to the LVT to determine the price.
An example of a Lease Extension decision for a Charlton premises is 73 Walerand Road in August 2012. the result of the findings of the Tribunal led to a premium to be paid for the extended lease in respect of Flat 73 in the sum of £10,040. The premium applicable in respect of Flat 85 was £5,710. This case related to 2 flats. The unexpired residue of the current lease was 72 years.