We note that you have a post code search directory listing solicitors on the Virgin Money conveyancing panel. Do companies pay you a commission if I retain them for our conveyancing in Lydiate?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Lydiate.
Do I need to attend the offices of the solicitor to sign the legal charge? If so, I will instruct a firm who offer conveyancing in Lydiate so that I can pop in to their offices when needed.
Nowadays conveyancing panel lawyers for mortgage companies conduct all of the work through Royal Mail, e-mail or over the phone. This enables them to undertake the conveyancing transaction regardless of where you live in the country. That being said you should check if you can still book an appointment to visit conveyancing lawyer if you prefer.
How can we tell if a Lydiate conveyancing solicitor on the Co-operative panel is any good?
When it comes to conveyancing in Lydiate seeking recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the solicitor handling your conveyancing.
We expect to receive a AIP from Kent Reliance this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Kent Reliance recommend any Lydiate solicitors on the Kent Reliance conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Lydiate solicitors independently although you'll need to choose one on the Kent Reliance conveyancing panel. The solicitor represents both you and Kent Reliance through the process.
After months of negotiation I have agreed a price on a house in Lydiate. My mortgage broker pressured me to appoint their property lawyer. I paid an on account payment of £200. Not long after, the lawyer contacted me sheepishly admitting that they were not on the Nationwide conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Nationwide panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Lydiate?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Lydiate. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
What does commercial conveyancing in Lydiate cover?
Non domestic conveyancing in Lydiate incorporates a broad array of services, provided by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
Do you have any top tips for leasehold conveyancing in Lydiate with the intention of speeding up the sale process?
- Much of the delay in leasehold conveyancing in Lydiate can be avoided if you get in touch lawyers as soon as your agents start advertising the property and ask them to collate the leasehold documentation which will be required by the buyers’ lawyers. You believe that you know the number of years left on your lease but it would be wise to double-check via your lawyers. A purchaser's conveyancer will be unlikely to recommend their client to where the lease term is under 75 years. It is therefore important at an early stage that you identify whether the lease term requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale. In the event that you altered the property did you need the Landlord’s permission? In particular have you laid down wooden flooring? Lydiate leases often stipulate that internal structural alterations or installing wooden flooring calls for a licence issued by the Landlord acquiescing to such alterations. If you dont have the approvals to hand do not contact the landlord without contacting your solicitor first. If there is a history of conflict with your freeholder or managing agents it is essential that these are settled before the property is put on the market. The purchasers and their solicitors will be concerned about purchasing a property where a dispute is unsettled. You may have to bite the bullet and discharge any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the buyers, but it is better to reveal the dispute as over as opposed to unsettled.
I am the registered owner of a leasehold flat in Lydiate, conveyancing was carried out in 2008. Can you work out an approximate cost of a lease extension? Corresponding flats in Lydiate with over 90 years remaining are worth £191,000. The ground rent is £55 invoiced annually. The lease expires on 21st October 2079
With 54 years remaining on your lease we estimate the price of your lease extension to range between £31,400 and £36,200 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs without more comprehensive investigations. Do 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 should be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.