My friend's dad is a property lawyer. I anticipate that I will be offered preferential rates for conveyancing, but if not, what level of costs should I be expecting for conveyancing in Saltash?
You should compare pricing. Do use our comparison tool on this page. You will notice that quotes do vary but service levels do differ between conveyancers as is the case with the vast majority of professional services.
Would the conveyancing lawyers listed on your site handle attended exchange conveyancing in Saltash?
There are a few conveyancing specialists carrying out personalised exchanges. You should contact us to get a fee calculation and details as to dates.
I happen to be the single beneficiary of my late grandmother’s estate and I have everything in my name alone, including the my former home in Saltash. Conveyancing formalities meant that the Land Registry date was in September. I want to move. I do know about the Mortgage Lenders 6 month 'rule', meaning my proprietorship will be considered the same way as though I had purchased the property in September. Do I have to wait half a year to sell?
The CML handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." Technically you might be impacted by that. How sensible a view banks take of it, depend on the mortgage company as this clause is primarily there to identify subsales or the wholesaling and assigning of property.
After much negotiation I have agreed a price on an apartment in Saltash. My financial adviser suggested a lawyer. I paid an on account payment of £225. Soon after, the conveyancer contacted me sheepishly admitting that they were not on the TSB 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 TSB 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.
UBS have agreed my mortgage in principle, my bid on a house in Saltash has been accepted, now what?
The estate agent will wish to know who your solicitors are (make sure the conveyancing practitioners are on the bank’s approved list). Call up UBS or your financial adviser and finalise any relevant documentation. UBS will appoint a valuer who will get in contact with the selling agent or seller to schedule an appointment. Once carried out (assuming no problems) it takes on average a week for the mortgage offer to be issued. UBS will issue the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Saltash.
I have been on the look out for a flat up to £195,000 and found one close by in Saltash I like with amenity areas and railway links nearby, the downside is that it only has 51 years unexpired on the lease. I can't really find anything else in Saltash suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a home loan the remaining unexpired lease term will likely be problematic. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of 2 years you can request that they start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
I need to instruct a conveyancing solicitor for purchase conveyancing in Saltash. I've stumble across a site which looks to be the perfect offering If there is a chance to get all the legals completed via phone that would be ideal. Do I need to be concerned? What should out be looking out for?
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?
Having had my offer accepted I require leasehold conveyancing in Saltash. Before I set the wheels in motion I want to be sure as to the unexpired term of the lease.
If the lease is recorded at the land registry - and most are in Saltash - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Saltash Conveyancing for Leasehold Flats - Sample of Queries before buying
Make sure you enquire if the the lease includes any adverse restrictions in the lease. For example plenty of leases prohibit pets being permitted in in a block in Saltash. If you love the propertyin Saltash yet your dog is not allowed to make the move with you then you have a very hard determination. The best form of lease arrangement is a share of the freehold. In this situation the leaseholders benefit from being in charge if their destiny and although a managing agent is often employed if it is larger than a house conversion, the managing agent is directed by the tenants. Does the lease have onerous restrictions?