Is the fact that my conveyancer in Crewe is not identified on my lender's solicitor panel that there is a problem with the standard of her conveyancing?
It would be unwise to jump to that conclusion. There are plenty of reasonable explanations. A recent report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) lack of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. Where you are concerned you should simply call the Crewe conveyancing practice and ask them why they are no longer on the approved list for your bank.
We are buying a house and require a conveyancing solicitor in Crewe who is on the Kent Reliance conveyancing panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Kent Reliance . We don't recommend any particular firms conducting conveyancing in Crewe.
We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Is the implication that I have to use their panel conveyancer as I would much rather use a local conveyancing solicitor in Crewe?
You should check but the chances are that give you one of their panel solicitors if you take up the "fee-free" deal. Contact the bank and check if they allow a cash alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor in Crewe.
I opted to have a survey carried out on a property in Crewe before instructing lawyers. I have been advised that there is a flying freehold aspect to the house. My surveyor has said that some mortgage companies tend not give a mortgage on such a house.
It varies from the lender to lender. Bank of Scotland has different requirements for example to Halifax. Should you wish to telephone us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Crewe. Conveyancing may be slightly more expensive based on your lender's requirements.
I have just started marketing my 2 bed flat in Crewe. Conveyancing is yet to be initiated, but I have recently received a half-yearly maintenance charge invoice – Do I pay up?
It best that you pay the maintenance contribution as you normally would as all ground rent and maintenance payments should be apportioned on completion, 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 unless 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.
I acquired a garden flat in Crewe, conveyancing was carried out 9 years ago. 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 properties in Crewe with an extended lease are worth £192,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease ceases on 21st October 2079
You have 54 years remaining on your lease we estimate the premium for your lease extension to range between £32,300 and £37,400 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.
I am purchasing a garden apartment in Crewe. Conveyancing lawyer is waiting for, from the vendor, building insurance schedule. This afternoon I was informed that the owner must forward the insurance schedule for the flat above as well. Why does my solicitor need to review the insurance for the flat above? Is it strictly required? We have been stalled for the previous month…
It is not unheard of in leasehold conveyancing in Crewe to find Conveyancing in Crewe in a minority of cases reveals that the lease obliges the tenant's to insure their individual flats rather than the landlord insuring the whole block - which is definitely better. Do contact your lawyer but it would appear that your conveyancing practitioner is seeking to verify that the whole building is insured. Insuring your flat is no help when it comes to rebuilding after a fire if the other flat cannot be rebuilt as a result of lack of insurance cover.