I plan on purchasing a leasehold flat in Gloucester. My Solicitor has never been on on the mortgage company solicitor list. Can I still continue with my Gloucester conveyancing solicitor notwithstanding that they are not on the lender panel of approved conveyancing solicitors?
One will need to have a conveyancing practitioner to deal with the legal work required when you require a mortgage to purchase your home. They will conduct all the relevant legal checks on the property, make sure that you’re properly registered as the owner and ensure that all the necessary mortgage documentation is in order. One could appoint a Gloucester conveyancing practitioner of your choice. Nevertheless, if the conveyancing practitioner appointed is not on the lender solicitor panel further fees will arise as separate legal representation will be need by the lender. Conveyancing panel applications can be submitted, so provided your conveyancer has not in the past sought membership they should take the opportunity to apply.
We are a couple about to exchange contracts for a leasehold flat in Gloucester. We have hit a stumbling block. Our loan offer with Norwich and Peterborough Building Society runs out on 11/11/2021 but the vendors are suggesting a completion date of 15/11/2021. Is it possible to prolong the mortgage expiry date?
The person best placed to address this concern is your solicitors who is in a position to assess whether he or she is corresponding with the mortgage broker, seller’s solicitors, property agents or indeed all three taking into account what has happend in your conveyancing as of today.
We just had an offer accepted to buy with Earl Shilton BS. We have called around locally yet am struggling to find a Gloucester conveyancing firm on the Earl Shilton BS panel. Can you assist?
You should take advantage of the find a lender approved solicitor tool on this site. Pick the mortgage company and type Gloucester or your location and you will discover a number of lawyer located in Gloucester or by proximity to you.
I am intent on selling our home in Gloucester and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. A local conveyancer would know this is not the case. For the life of me I don't know why the buyers used a national conveyancing practice as opposed to a conveyancing solicitor in Gloucester. Having lived in Gloucester for six years we know of no issue. Do we get in touch with our local Authority to seek clarification that there is no issue.
It sounds as though you may have a conveyancing firm currently acting for you. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
I have just started marketing my garden apartment in Gloucester. Conveyancing has not commenced, however I have just had a yearly service charge invoice – should I leave it to the buyer to sort out?
The sensible thing to do is pay the maintenance contribution as normal as all ground rent and service charges should be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until 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.
Gloucester Leasehold Conveyancing - Examples of Questions you should consider before Purchasing
How many of the leaseholders are in arrears for their service charge payments? It would be prudent to investigate if the the lease includes any unreasonable restrictions in the lease. For example some leases prohibit pets being permitted in in a block in Gloucester. If you like the apartmentin Gloucester but your cat is not allowed to live with you then you have a very hard choice. It would be wise to find out as much as you can concerning the company managing the block as they will either make your living at the property much easier or problematic. Being a leasehold owner you will be in the clutches of the managing agents both financially and when it comes to practical matters like the tidiness of the common parts. You should not be afraid to ask prospective neighbours if they are happy with their service. In conclusion, be sure you understand the dates that the service fees are due to the managing agents and specifically what you get for your money.
Two months into a sale of a flat in Gloucester. Conveyancing solicitors are doing their job but we are being charged an extortionate amount by the managing agents. So far we have issued a cheque for £268 for a leasehold management pack and then a further £200 plus VAT for answers to questions raised by the purchaser's property lawyer.
Neither you or your solicitor will have any sway over the extent of the charges for this information however the average costs for the information for Gloucester leasehold property is £355. For Gloucester conveyancing sales it is customary for the vendor to cover the charges. The landlord or their agents are not duty bound to answer these questions most will agree to do so - albeit often at high prices where the fees bear little relation to the work involved. Regretfully there is no law that mandates set charges for administrative tasks. There is no set time limit by which they are required to issue answers.