We see that you have a search directory listing firms on the Nottingham conveyancing panel. Do firms pay you a referral fee if I appoint them for our conveyancing in Ferring and Goring?
We are a listing service only for law firms wishing to communicate if they are on the Nottingham conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Ferring and Goring.
We expect to receive a DIP from Co-operative this week so we can work out what to offer on a property we like as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Co-operative recommend any Ferring and Goring solicitors on the Co-operative conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Ferring and Goring solicitors independently although you'll need to choose one on the Co-operative conveyancing panel. The solicitor represents both you and Co-operative through the process.
Having read lots of mortgage guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Ferring and Goring solicitor - who is on the HSBC conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
HSBC will need an independent valuation of the property. Your lawyer will not arrange this. Usually HSBC will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Ferring and Goring surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Virgin Money have agreed my mortgage in principle, my offer on a flat in Ferring and Goring has been accepted, what are the next steps?
Your property agent will want to be advised as to your conveyancer's details (make sure the conveyancers are on the lender’s panel). Contact Virgin Money or the financial adviser and finish off any outstanding forms. Virgin Money will instruct a valuer who will get in contact with the estate agent or vendor to schedule a time for the valuation to happen. Once conducted (assuming no problems) it takes approximately a week to receive the mortgage offer. Virgin Money will send the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Ferring and Goring.
I have been on the look out for a flat up to £195,000 and found one near me in Ferring and Goring I like with open areas and railway links in the vicinity, the downside is that it only has 61 years unexpired on the lease. I can't really find anything else in Ferring and Goring for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a mortgage that many years may be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you can ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
My company is wishing to lease a unit on the high street. Can you recommend solicitors offering fixed costs for non-domestic conveyancing in Ferring and Goring for less than £1,200?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Ferring and Goring, including the sale and acquisition of businesses as well as simply premises. If you are looking to buy or sell a shop, pub, restaurant, office, retail unit or a whole business we will find you the right lawyer. As for the costs this will depend on the structure and heads of terms of the deal. Please provide us with your contact information or telephone so as to enable us to furnish you with a detailed commercial conveyancing calculation.
My brother has suggested that I instruct his lawyers for conveyancing in Ferring and Goring. Do I follow his recommendation?
Much as we are happy to recommend a Ferring and Goring conveyancing lawyer the ideal way to choose a conveyancing lawyer is to get recommendations from friends or relatives who have experience in using the solicitor you're contemplating using.
Can you offer any advice when it comes to finding a Ferring and Goring conveyancing firm to deal with our lease extension?
If you are instructing a solicitor for your lease extension (regardless if they are a Ferring and Goring conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We suggest that you talk with two or three firms including non Ferring and Goring conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions might be helpful:
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If they are not ALEP accredited then what is the reason?
I inherited a ground floor flat in Ferring and Goring, conveyancing was carried out 7 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Ferring and Goring with over 90 years remaining are worth £179,000. The ground rent is £65 per annum. The lease terminates on 21st October 2083
You have 57 years unexpired we estimate the price of your lease extension to be between £26,600 and £30,800 as well as costs.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.