My fiance’s step-father is a solicitor. I expect that I will receive mate’s fee for conveyancing, However if that does not come through, what level of costs would I typically be looking at for conveyancing in Morpeth?
Do compare pricing. Do use our search tool on this page. Whilst prices will be different but the service one can expect differ between law firms as is the case with the vast majority of professional services.
Is it the case that all Morpeth conveyancing solicitors on the Lloyds conveyancing panel are governed by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Lloyds conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Many banks do allow licenced conveyancers on their panel in which case such organisation would be overseen by the Council of Licensed Conveyancers.
I am currently in the process of buying my council flat in Morpeth. I have a mortgage agreed with RBS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with RBS, you will need to appoint a solicitor on the RBS conveyancing panel.
I am due to exchange contracts on my flat. I had a double glazing fitted in June 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, TSB are being difficult. The Morpeth solicitor who is on the TSB conveyancing panel is happy to accept ‘lack of building regulation’ insurance but TSB are requiring a building regulation certificate. Why do TSB have a conveyancing panel if they don't accept advice from them?
It is probably the case that TSB have referred the matter to their valuer. The reason why TSB may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I decided to have a survey done on a house in Morpeth prior to retaining solicitors. I have been informed that there is a flying freehold aspect to the property. The surveyor has said that some banks will not grant a loan on such a premises.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. If you call us we can investigate further via the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Morpeth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Morpeth to see if the conveyancing will be more expensive.
We're novice buyers - had an offer accepted, yet the selling agent has warned us that the owners will only proceed if we use the agent's recommended solicitors as they are insisting on a ‘quick sale’. Our preferred option is to instruct a high street solicitor accustomed to conveyancing in Morpeth
It is improbable the sellers are driving this. If they desire ‘a quick sale', alienating a motivated buyer is is going to put the whole deal at risk. Avoid the agents and go straight to the owners and explain that (a)you are serious purchasers (b)you are ready to progress, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)however you will continue to appoint your own,trusted Morpeth conveyancing solicitors - not the ones that will give the negotiator at the agency a kickback or hit his conveyancing figures set by head office.
I am on look out for some leasehold conveyancing in Morpeth. Before diving in I require certainty as to the number of years remaining on the lease.
If the lease is registered - and almost all are in Morpeth - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Leasehold Conveyancing in Morpeth - Sample of Questions you should consider before Purchasing
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The majority of Morpeth leasehold apartments will be liable to pay a service bill for the upkeep of the block levied by the landlord. Should you acquire the flat you will have to meet this charge, normally in instalments accross the year. This may vary from two or three hundred pounds to thousands of pounds for large purpose-built buildings. In all probability there will be a rentcharge to be met annual, this is usually not a exorbitant figure, say about £25-£75 but you should to check as on occasion it could be surprisingly expensive. Are there any major works in the planning that will add a premium to the maintenance charges? In the main the cost for major works are not included within service charges, albeit that there some managing agents in Morpeth ask leasehold owners to contribute towards a sinking fund created for the specific intention of establishing a fund for major repairs or maintenance.
We have instructed a Morpeth conveyancing solicitor for our house purchase (novice purchasers) and have noticed in the terms and conditions that they are not regulated by the Financial Conduct Authority. Am I right to be worried or is that the norm with conveyancing practitioner?
We can't see why they should be. Most conveyancer don't lend money. You should check that they are regulated by the Solicitors Regulation Authority, who have strict stipulations in relation to amounts held in their bank.