I am obtaining a mortgage offer from Halifax. My intention is to use a Licensed Conveyancer in Freshwater. Does the Halifax Solicitor panel exclude conveyancers regulated by the CLC?
The Halifax conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or BSA, open to Licensed Conveyancers regulated by the CLC.
The Freshwater conveyancing solicitors that I appointed last week on my house acquisition in Freshwater have suddenly shut down. I only went with them because I had to have a solicitor on the Santander conveyancing panel and my preferred Freshwater lawyer was not. I cut them a cheque for two hundred pounds in advance. What do I do now?
If you have an estate agent involved then let them know immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Santander conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors may be able to assist.
I have recentlydiscovered that Wolstenholmes have been shut down. They conducted my conveyancing in Freshwater for a purchase of a leasehold apartment 18 months ago. How can I be sure that the property is registered correctly in the name of the previous owner?
The quickest way to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Freshwater conveyancing specialists.
What tools are available to search for a Freshwater solicitor on the National Westminster Bank conveyancing panel? I have wheels and am happy to travel upto 10miles to meet the lawyer.
Feel free to make use of the tool on this page. Please pick a lender and your location and you will see a number of Freshwater conveyancing lawyers based on proximity. We have listed some Freshwater conveyancing firms towards the end of this page and you can call them to see whether they are on the National Westminster Bank member panel
I need to retain a conveyancing solicitor for residential conveyancing in Freshwater. I have discover a site which appears to be the perfect offering If it is possible to get all the legals done via phone that would be preferable. Do I need to be concerned? 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 am on look out for some leasehold conveyancing in Freshwater. Before I get started I want to be sure as to the remaining lease term.
Assuming the lease is registered - and most are in Freshwater - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I invested in buying a ground floor flat in Freshwater, conveyancing having been completed May 2004. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Freshwater with an extended lease are worth £206,000. The ground rent is £45 yearly. The lease ceases on 21st October 2091
You have 65 years left to run we estimate the premium for your lease extension to be between £13,300 and £15,400 as well as legals.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.