We see that you have a search directory identifying firms on the Aldermore conveyancing panel. Do firms pay you a referral fee if I appoint them for our conveyancing in Leconfield?
We are a listing service only for law firms wishing to communicate if they are on the Aldermore conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Leconfield.
When it comes to lenders such as Principality, do Leconfield lawyers have to pay a fee to be on the list of approved solicitors?
We are unaware of any lender fees to register on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel submission.
I have today made my last payment due on my mortgage with TSB. I assume I don't need a Leconfield property lawyer on the TSB panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your TSB mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the TSB mortgage from the register. TSB, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where TSB has sent the Land Registry the discharge electronically, and
- TSB has instructed the Land Registry to do so
Our sealed bid on a property in Leconfield has been agreed to, but there is a chain. The sellers have offered on a property, but it’s not yet agreed to, and are looking at other properties booked. I have instructed a high street conveyancing solicitor in Leconfield. What do I do now? At what stage do I apply for the mortgage with Virgin Money?
It is normal to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx one thousand pounds, then survey, Leconfield conveyancing search costs, etc). First, you should check that your conveyancer is on the Virgin Money conveyancing panel. Concerning the subsequent stages this very much dictated by the uniqueness of your case, attraction to the property and on the state of the market. In a hot market the majority of purchasers would apply for a home loan with Virgin Money and pay for the valuation and only if it was satisfactory would they ask their conveyancing practitioner to proceed with the conveyancing in Leconfield.
Me and my brother have a terraced Edwardian house in Leconfield. Conveyancing lawyer represented me and National Westminster Bank. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold under the exact same address. I thought I was buying a freehold how can I check?
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Leconfield and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with your conveyancing solicitor who conducted the work.
How does conveyancing in Leconfield differ for new build properties?
Most buyers of new build or newly converted property in Leconfield approach us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the property is constructed. This is because new home sellers in Leconfield typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Leconfield or who has acted in the same development.
My business partner and I are hoping to lease a unit on the high street. Can you recommend conveyancers offering competitive charges for commercial conveyancing in Leconfield for under 1500k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Leconfield, including the disposal and purchase of businesses as well as simply property. Whether you are intending to buy or lease a shop, pub, restaurant, office, retail premises or a whole business we will put you in touch with the right solicitor. Regarding the fees this will depend on the structure and nuances of the proposed transaction. Let us have your contact information or telephone us so that we may furnish you with a fixed commercial conveyancing quote.
Estate agents have just been given the go-ahead to market my garden apartment in Leconfield. Conveyancing lawyers have not yet been instructed, but I have just received a yearly maintenance charge demand – Do I pay up?
The sensible thing to do is discharge the invoice as you normally would given that all ground rent and maintenance payments will be allotted on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies 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.
Leasehold Conveyancing in Leconfield - Sample of Queries before Purchasing
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How many years remain on the lease? Plenty Leconfield leasehold properties will have a service charge for maintenance of the building invoiced by the management company. Should you buy the flat you will have to meet this liability, usually periodically accross the year. This could vary from a couple of hundred pounds to thousands of pounds for buildings with lifts and large common areas. In all likelihood there will be a rentcharge to be met annual, this is usually not a large sum, say about £50-£100 but you should to enquire as on occasion it can be prohibitively expensive. What is the service charge and ground rent on the property?