Me and my husband are buying a ground floor flat in Geddington. My property lawyer has never been on on the bank approved list. Am I still permitted to use my Geddington conveyancing solicitor notwithstanding that they are excluded from the bank panel of approved conveyancing solicitors?
You will need to instruct a property lawyer to complete the legal work required if you require a mortgage to buy your property. They will carry out all the relevant legal checks on the property, make sure that you’re registered as proprietor and ensure that all the required mortgage documentation is dealt with. One could instruct a Geddington conveyancing practitioner of your choice. Nevertheless, if the solicitor appointed is not on the mortgage company solicitor panel additional costs will arise as separate legal representation will be required by them. Lender panel applications can be submitted, so where your lawyer has not previously applied for membership they should take the opportunity to apply.
My brother-in-law has suggested I instruct a conveyancing solicitor in Geddington. I I would like to check if they are accepted on the Accord Mortgages Ltd conveyancing panel. Can you help?
You should phone the solicitor and enquire if they are on the lender panel. Otherwise you can call Accord Mortgages Ltd who may be able to help.
The estate agent has sent us the confirmation of our purchase of a new build flat in Geddington. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Geddington
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
I need to appoint a conveyancing solicitor for freehold conveyancing in Geddington. I've chance upon a web site which looks to be the perfect offering If there is a chance to get all the legals done via web that would be preferable. Do I need to be concerned? What should out be looking out for?
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?
My wife and I purchased a leasehold house in Geddington. Conveyancing and National Westminster Bank mortgage went though with no issue. A letter has just been received from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1995. The conveyancing practitioner in Geddington who acted for me is not around. What should I do?
First make enquiries of HMLR to make sure that this person is indeed the new freeholder. There is no need to incur the fees of a Geddington conveyancing practitioner to do this as it can be done on-line for a few pound. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I purchased a 2 bed flat in Geddington, conveyancing having been completed half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Geddington with over 90 years remaining are worth £185,000. The ground rent is £65 invoiced every year. The lease terminates on 21st October 2083
With only 60 years left to run we estimate the premium for your lease extension to range between £20,000 and £23,000 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 a more accurate figure in the absence of comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.
Is it the case that all Geddington conveyancers on every lender conveyancing panel?
The Lexsure search tool on this page may be of use or you can go into your local lender branch in Geddington. Chances are that they will be in a position to suggest some reputable conveyancing solicitors in Geddington