We note that you have a search directory identifying solicitors on the RBS conveyancing panel. Do firms pay you a referral fee if I appoint them for our own conveyancing in Earley?
We are a listing service only for law firms wishing to communicate if they are on the RBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Earley.
Two weeks ago we had a mortgage agreed in principle with TSB. Earley conveyancing lawyers were instructed. How long does it take for TSB to issue the offer to the property lawyer?
There is no definitive answer here. Have TSB done the valuation? Have you informed TSB as to your lawyers' details and checked that your lawyers are on the TSB conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
I am expecting a AIP from Aldermore this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Aldermore recommend any Earley solicitors on the Aldermore conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Earley solicitors independently although you'll need to choose one on the Aldermore conveyancing panel. The solicitor represents both you and Aldermore through the process.
My fiancee and I are in the process of viewing houses in Earley and I am now considering a potential offer. Is it too early to have a solicitor in place? I will be getting a mortgage with Barclays.
You should start requesting conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the EA. Given that you are getting a mortgage with Barclays, ask your prospective lawyers if they are on the Barclays conveyancing panel otherwise they can't do the mortgage legal work.
I am a sole trader looking to lease a unit on the high street. Can you recommend solicitors offering fixed costs for commercial conveyancing in Earley for below £2000?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Earley, including the sale and acquisition of businesses as well as simply property. If you are hoping to buy or lease a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right solicitor. As for the charges this will depend on the structure and complexity of the proposed transaction. Let us have your contact information or telephone us so that we can supply you with a detailed commercial conveyancing quote.
I am a fortnight into a residential purchase having been referred to solicitors by the local agent to execute conveyancing in Earley. We are not happy. Could you help me find new solicitors?
A lawyer would need to be very bad in order to consider diss instructing them. Has your mortgage offer been issued? In the event that it has you must advise them of the replacement conveyancer and ensure the mortgage documents are issued to the new lawyers. Your new conveyancer should be on the lenders approved list to avoid added fees and frustration. That should be your first question of the new conveyancers. The search tool will help you find a bank approved lawyer for your home move in Earley
I work for a long established estate agent office in Earley where we have experienced a few flat sales put at risk as a result of leases having less than 80 years remaining. I have received conflicting advice from local Earley conveyancing solicitors. Can you confirm whether the vendor of a flat can commence the lease extension formalities for the purchaser on completion of the sale?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the disposal of the property.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Leasehold Conveyancing in Earley - Examples of Queries Prior to buying
-
How much is the service charge and ground rent on the flat? Is the freehold owned collectively by the tenants? In the main the cost for major works are not included within maintenance charges, although there some managing agents in Earley require tenants to contribute towards a sinking fund and this is used to offset against major works.
When it comes to my conveyancing in Earley should I be paying VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Earley conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the property lawyer's time in submitting the funds this way.