I am selling my flat in Mossley. Will my property lawyer need to be on the Bank of Ireland conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Bank of Ireland conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently at the moment.
I am purchasing a 4 bedroom semi-detached house in Mossley. The intention is to carry out a loft conversion at the house.Will legal due diligence on the property involve investigations to ascertain if these works are prohibited?
Your property lawyer should review the deeds as conveyancing in Mossley can occasionally identify restrictions in the title deeds which prohibit categories of alterations or require the consent of a 3rd party. Some extensions require local authority planning permissions and approval in compliance with building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be sensible to check these issues with a surveyor ahead of any purchase.
We had instructed conveyancing lawyers based in Mossley on the Yorkshire BS solicitor panel. They have just invoiced me a further charge for the legal aspects of the Yorkshire BS mortgage. Is this a supplemental conveyancing fee specified by Yorkshire BS?
Unfortunately, so long as it is in their Terms of Engagement or estimate then yes your property lawyer may charge a fee for this. The fee is not set by Yorkshire BS but by your Mossley property lawyer. Some firms on the Yorkshire BS panel will charge ’dealing with mortgage’ fee but plenty of firms include it on their overall fee.
We were going to get a DIP from Co-operative 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 Co-operative recommend any Mossley solicitors on the Co-operative conveyancing panel, or is it better to go independently?
You will need to appoint Mossley solicitors independently although you'll need to choose one on the Co-operative conveyancing panel. The solicitor represents both you and Co-operative through the process.
It has been 3 months since my purchase conveyancing in Mossley took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I am looking to sell my home. My former lawyers have shut. I am in need of a recommendation of a conveyancing firm. Im based in Mossley if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Mossley. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
All being well we will complete our sale of a £125,000 maisonette in Mossley on Friday in a week. The freeholder has quoted £348 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge such fees for a leasehold conveyance in Mossley?
Mossley conveyancing on leasehold maisonettes normally involves the buyer’s solicitor submitting questions for the landlord to address. Although the landlord is not legally bound to address these enquiries the majority will be willing to do so. They are at liberty to levy a reasonable administration fee for responding to questions or supplying documentation. There is no upper cap for such fees. The average costs for the paperwork that you are referring to is £350, in some situations it is in excess of £800. The management information fee demanded by the landlord must be sent together with a summary of rights and obligations in relation to administration charges, without which the invoice is technically not due. Reality however dictates that one has no option but to pay whatever is requested of you should you wish to sell the property.
I purchased a 2 bed flat in Mossley, conveyancing formalities finalised in 1996. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in Mossley with an extended lease are worth £190,000. The ground rent is £45 invoiced annually. The lease finishes on 21st October 2086
With only 62 years remaining on your lease the likely cost is going to span between £17,100 and £19,800 as well as costs.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.
My financial adviser has suggested using their conveyancer for our conveyancing in Mossley - Surely it’s better to just instruct them?
It is worth checking if the estate agent is recommending a conveyancer or introducing to a conveyancer. There are plenty of Mossley selling agents who recommend two or three Mossley conveyancing firms purely based on those lawyers offering a great service.