Recently been in touch with my conveyancing lawyer in Pratt's Bottom who acted for me 18 months ago requesting a conveyancing quote based on the same type of home move (a leasehold premises and a freehold property) of similar values with a mortgage from Platform Home Loans Ltd. I am now being charged double. Should I hunt for a cheaper online firm of conveyancing solicitor?
The charges are a little high. Where you are willing to expend time contrasting costs you could get the conveyancing a bit cheaper by as much as £125. On the other hand, assuming were satisfied with the assistance the firm provided you mightcome to regret choosing an an unknown conveyancer. If is important to enquire the conveyancer can represent Platform Home Loans Ltd. Do utilise our search tool to locate a Pratt's Bottom conveyancing firm on the Platform Home Loans Ltd approved list of lawyers, which can often include conveyancing solicitors in Pratt's Bottom.
I am assisting my aunt sell her flat in Pratt's Bottom. Will the conveyancing solicitor commission an energy assessment or should I organise this?
After the demise of Home Packs, EPC’s was retained a mandatory part of moving house. An energy performance certificate should be commissioned prior to the property being placed on the market. This is not as aspect of the sale process that law firms ordinarily organise. Where you are using a Pratt's Bottom conveyancing practitioner they might be willing to arrange EPC’s due to their contacts with reputable local accredited person
My wife and I are in the process of viewing apartments in Pratt's Bottom and I am now considering a potential offer. Should I already have a conveyancer appointed at this point? I intend to finance via a home loan with TSB.
It would be prudent to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their details on to the selling agent. As you are getting a mortgage with TSB, make sure you remember to check that your lawyer is on the TSB conveyancing panel.
I am selling my flat. I had a double glazing fitted in November 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Bank of Ireland are being problematic. The Pratt's Bottom solicitor who is on the Bank of Ireland conveyancing panel is recommending indemnity insurance as a solution but Bank of Ireland are requiring a building regulation certificate. Why do Bank of Ireland have a conveyancing panel if they don't accept advice from them?
It is probably the case that Bank of Ireland have referred the matter to their valuer. The reason why Bank of Ireland 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.
Should my conveyancer be raising enquiries concerning flooding as part of the conveyancing in Pratt's Bottom.
Flooding is a growing risk for lawyers dealing with homes in Pratt's Bottom. Plenty of people will purchase a property in Pratt's Bottom, completely expectant that at some time, it may suffer from flooding. However, leaving to one side the physical damage, if a property is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or sell the premises. There are steps that can be taken during the course of a house purchase to forewarn the purchaser.
Lawyers are not best placed to impart advice on flood risk, but there are a various searches that may be undertaken by the buyer or by their solicitors which will give them a better appreciation of the risks in Pratt's Bottom. The conventional set of information supplied to a buyer’s solicitor (where the Conveyancing Protocol is adopted) contains a usual inquiry of the seller to discover whether the property has suffered from flooding. In the event that flooding has previously occurred and is not disclosed by the vendor, then a buyer could bring a legal claim for losses stemming from an incorrect reply. The buyer’s lawyers will also commission an environmental report. This will reveal whether there is a recorded flood risk. If so, further investigations will need to be made.
Are there restrictive covenants that are commonly identified as part of conveyancing in Pratt's Bottom?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Pratt's Bottom. 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…’
Over the last few months I have been searching for a flat up to £235,500 and found one close by in Pratt's Bottom I like with open areas and station nearby, however it's only got 61 years unexpired on the lease. I can't really find anything else in Pratt's Bottom in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
Should you need a mortgage that many years may be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
I’m about to sell my basement apartment in Pratt's Bottom.Conveyancing has not commenced however I have just received a half-yearly maintenance charge demand – Do I pay up?
The sensible thing to do is discharge the invoice as you normally would because all ground rent and service charges should be allottedon completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless 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