I have just been advised by my mortgage adviser that my Patcham the law firm I have appointed is not on the lender Solicitor panel. What can I do to be sure if this is correct?
The first thing you need to do is to call your Patcham conveyancer. It is reasonable to expect your lawyer to notify you of the situation. Where they are not on the panel they may recommend you to a Patcham conveyancing firm that is on the conveyancing panel for your lender.
It is a dozen years since I purchased my property in Patcham. Conveyancing lawyers have now been retained on the sale but I am unable to find my title deeds. Will this jeopardise the sale?
Don’t worry too much. First the deeds may be kept by the lender or they may be archived with the conveyancers who acted in the purchase. Secondly in most cases the land will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers acquiring current official copies of the land registers. Nearly all conveyancing in Patcham involves registered property but in the unlikely event that your home is not registered it is more problematic but is not insurmountable.
I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a quick, chain free conveyancing. Patcham is the location of the property. Is there any guidance you can impart?
Flying freeholds in Patcham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Patcham you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Patcham may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I need to appoint a conveyancing solicitor for my conveyancing in Patcham. I have discover a web site which appears to be the perfect answer If there is a chance to get all this stuff done via email that would be ideal. 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?
Estate agents have just been given the go-ahead to market my ground floor apartment in Patcham. Conveyancing solicitors are to be appointed soon, but I have recently received a yearly service charge demand – Do I pay up?
It best that you clear the maintenance contribution as you normally would because all ground rent and maintenance invoices will be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I inherited a split level flat in Patcham, conveyancing having been completed half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Patcham with over 90 years remaining are worth £201,000. The ground rent is £45 invoiced annually. The lease finishes on 21st October 2087
With just 65 years remaining on your lease we estimate the price of your lease extension to span between £13,300 and £15,400 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.
What type of premises does your Patcham conveyancing estimates relate to?
Our conveyancing quotes are only applicable to standard residential premises in England & Wales. Should you have any different needs for example industrial or agricultural land or commercial conveyancing in Patcham do contact us to address your requirements .