What is the best way to search for the right lawyer to provide a first class service for our conveyancing in Mortimer?
First ask the people you trust who they would recommend.
Second, look on the web for conveyancing in Mortimer. Call two or three from the list and request that they email you their conveyancing costs illustrations and discuss your needs with the solicitor who will handle your conveyancing prior tocommitting.
Third is to use our search tool to assist you in finding the right lawyers for you based on your individual requirements including area of the property,speed, complications and who your intended lender is. Resist the temptation to opt for ninety nine pound conveyancing in Mortimer
We are purchasing a house in Mortimer. It might be a silly question but how we can trust a conveyancer? On the day of competition we will need to deposit funds into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Can I be sure that the Mortimer conveyancing solicitor on the Nottingham panel is any good?
When it comes to conveyancing in Mortimer getting recommendations is a good start. 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 which is cheap as chips. We would always advocate that you speak with the lawyer handling your transaction.
It is not clear whether my mortgage offer requires a lease extension. I have called into my local Mortimer building society branch on various occasions and was told they are content with the situation and they would lend. My Mortimer conveyancing solicitor - who is on the lender conveyancing panel- called and was told they refuse to lend based on their specific requirements. I simply don't know who is right.
Provided that the solicitor is on the lender approved list, they must comply with the Council of Mortgage Lenders’ Handbook requirements for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
Me and my brother purchased a terraced Victorian property in Mortimer. Conveyancing solicitor represented me and Barclays Direct. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold under the matching address. I'd like to know for sure, how can I find out??
You need to read the Freehold register you have again and check the Charges Register for 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 Mortimer 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 the conveyancing lawyer who conducted the purchase.
I am looking for a flat up to £245,000 and identified one round the corner in Mortimer I like with a park and station nearby, the downside is that it only has 61 remaining years left on the lease. I can't really find anything else in Mortimer suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term may be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
In my capacity as executor for the will of my uncle I am disposing of a residence in Swansea but live in Mortimer. My solicitor (based 300 kilometers awayneeds me to execute a stat dec ahead of the transaction finalising. Could you suggest a conveyancing practitioner in Mortimer to witness and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will be fine regardless of whether they are located in Mortimer
I've recently bought a leasehold property in Mortimer. Do I have any liability for service charges relating to a period prior to completion of my purchase?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, 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 be sure 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).
Mortimer Conveyancing for Leasehold Flats - Examples of Questions you should ask Prior to Purchasing
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Is the freehold owned jointly by the leaseholders? You should want to find out as much as you can about the managing agents as they will either make living at the property much easier or a lot more difficult. Being a leasehold owner you will be at the mercy of the managing agents both financially and when it comes to daily matters like the upkeep of the common parts. Don't be afraid to ask prospective neighbours what they think of them. Finally, find out the dates that the service charges are due to the appropriate party and specifically how they are spending that money. How much is the ground rent and service charge?