I decided to go with a local lawyer for my conveyancing in Haslington today. Upon checking the terms of engagement I seewe are on the hook for charges even if our purchase doesn't happen. Should I ditch them and use a web based lawyer who offer no completion no cost conveyancing in Haslington?
It is usually a trade off in that if "No Sale No Fee" is available then the fee levels will generally be higher to offset those cases that do not proceed. Also remember that these promotions generally do not protect you from outlay e.g. Haslington conveyancing search costs.
The Haslington conveyancing solicitors that I appointed last week on my purchase in Haslington have suddenly shut down. They were on acting for me because I needed a solicitor on the Santander conveyancing panel and my preferred Haslington lawyer was not. I gave my credit card details for them to take one hundred and fifty pounds for searches. What are my options?
If you have an estate agent involved then inform them immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should 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 lawyers should be in a position to help.
three months have gone by since my purchase conveyancing in Haslington concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Hoping to buy a property located in Haslington and I am already nervous. I couldn't find anything specific about Haslington. Conveyancing will be needed in due course but do you know about the Haslington area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Haslington. In the meantime here are some basic statistics that we found
I've recently bought a leasehold house in Haslington. Am I liable to pay service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I invested in buying a 1 bedroom flat in Haslington, conveyancing having been completed November 1996. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in Haslington with an extended lease are worth £202,000. The average or mid-range amount of ground rent is £60 invoiced annually. The lease ends on 21st October 2077
You have 56 years unexpired the likely cost is going to range between £29,500 and £34,000 plus costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.
Can I determine who owns a property in Haslington?
As long as the premises is recorded at HM Land Registry, and you have sufficient information of the location of the premises, you will be able to see details from the HM Land Registry of the recorded owner for a for less than a fiver.