My IFA requires my Liverpool solicitor’s panel member for the Lloyds conveyancing panel. What is the best way to obtain this. I have e-mailed my local Liverpool office but they have not responded to me.
You are best placed to get this information from your Liverpool lawyer . Most Liverpool law practices will retain a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each bank.
What is your number one tip for choosing a conveyancing solicitor in Liverpool
We would encourage you not to go for the lowest Liverpool conveyancing quote. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of time.
Forgive me if this question is silly but I am wet behind the ears as a 1st time purchaser of a ground floor flat in Liverpool. Do I pick up the keys to the premises on completion from my conveyancer? If this is the case, I will appoint a local conveyancing solicitor in Liverpool?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the completion advance to the seller's lawyers, and once they have received this, you should be invited to pick up the keys from the selling Agents and move into your new home. Usually this occurs early afternoon.
A relative advised me that in buying a property in Liverpool there may be various restrictions limiting what one can do in terms of external changes to a property. Is this right?
We are aware of anumerous of properties in Liverpool which have some sort of restriction or requirement of consent to execute external variations. Part of the conveyancing in Liverpool should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I acquired my house on 4 August and my personal details is not yet registered. Any reason for this? My conveyancing solicitor in Liverpool advises it should be dealt with in less than a month. Are titles in Liverpool uniquely lengthy to register?
There is nothing unique when it comes to conveyancing in Liverpool registration formalities. Rather than based on location, timescales can differ depending on the party submitting the application, whether there are errors and if the Land registry must send notices to any other persons or bodies. As of today in the region of 80% of submission are fully dealt with within two weeks but occasionally there can be extensive hold-ups. Historically registration is effected once the purchaser has moved in to the property therefore post completion formalities is not typically top priority yet if there is a degree of urgency associated with the registration then you or your solicitor can communicate with the Registry to express the reasoning for the application to be prioritised.
How does conveyancing in Liverpool differ for newly converted properties?
Most buyers of new build residence in Liverpool come to us having been asked by the builder to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because developers in Liverpool usually acquire the real estate, 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 property lawyers 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 Liverpool or who has acted in the same development.
I opted to have a survey carried out on a property in Liverpool prior to instructing lawyers. I have been told that there is a flying freehold aspect to the property. Our surveyor advised that some banks tend not grant a loan on such a premises.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. If you contact us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Liverpool. Conveyancing may be slightly more expensive based on your lender's requirements.
Back In 2001, I bought a leasehold house in Liverpool. Conveyancing and National Westminster Bank mortgage went though with no issue. I have received a letter from someone saying they have taken over the freehold. Attached was a ground rent demand for rent dating back to 1996. The conveyancing solicitor in Liverpool who previously acted has now retired. Do I pay?
First make enquiries of the Land Registry to make sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. You do not need to instruct a Liverpool conveyancing firm to do this as it can be done on-line for a few pound. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I own a 2 bed flat in Liverpool, conveyancing having been completed 10 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in Liverpool with an extended lease are worth £191,000. The ground rent is £55 invoiced annually. The lease runs out on 21st October 2076
With just 53 years unexpired we estimate the price of your lease extension to span between £27,600 and £31,800 plus professional fees.
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 detailed due diligence. You should not use this information in tribunal or court proceedings. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first getting professional advice.