I am assisting my aunt sell her flat in Newbury. Does the solicitor arrange an EPC or it is for me to see to?
Following the abolition of Home Packs, energy assessments was maintained a required element of selling a house. An energy assessment should be commissioned in advance of the property being advertised. It is not as aspect of the sale process that solicitors ordinarily arrange. Where you are instructing a Newbury conveyancing practitioner they might be willing to arrange EPC’s given their contacts with long established Newbury energy assessors
Completion of my purchase has taken place for my property in Newbury. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Most banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Team at head office. In most cases complaints to a lender are sorted out effectively and efficiently. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
I recently had an offer agreed on an apartment in Newbury. My financial adviser pressured me to appoint their property lawyer. I paid an advanced payment of £225. A few days later, the conveyancing practitioner called me to say that they were not on the Co-operative 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 Co-operative 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 identified as part of conveyancing in Newbury?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Newbury. 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…’
I'm converting the mortgage on my existing house to a buy to let loan with Barclays and intend to use the remaining equity towards another house. The neighborhood we are looking at is Newbury. Will your lawyers be able to act for both sets of lenders and tie in the transactions?
Do use our search tool on this site to be sure that the solicitors are on the appropriate lender panels. Assuming that they are the solicitor should be able to connect the two conveyancing matters but you should talk with you conveyancer and communicate your expectations and requirements.
I need to instruct a conveyancing solicitor for freehold conveyancing in Newbury. I've stumble across a web site which looks to be the perfect solution If it is possible to get all this stuff completed via email that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Last January I purchased a leasehold flat in Newbury. Do I have any liability for service charges for periods before completion of my purchase?
Where the service charge has already been demanded from the previous owner 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. A critical element of leasehold conveyancing for your conveyancer to ensure 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).
I own a studio flat in Newbury, conveyancing was carried out October 2010. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding flats in Newbury with over 90 years remaining are worth £191,000. The ground rent is £55 levied per year. The lease ends on 21st October 2076
With just 54 years unexpired we estimate the premium for your lease extension to be between £32,300 and £37,400 plus costs.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.
Please set out some of distinct advantages to instructing a local conveyancing practitioner in Newbury
Many purchasers and sellers in Newbury choose a nearby high street conveyancing practitioner so that they can pop into the firm’s offices in the event that they have problems, and to deliver paperwork without using the Royal Mail.
Some would say that there exists a marginal edge when using a conveyancer nearby to the property you are purchasing, due to the in-depth knowledge of the locality and potential local issues - nevertheless this is debatable. Many conveyancers undertaking their communications via the web and may be practically anywhere.