My IFA has asked me for my Scunthorpe solicitor’s panel reference for the Nat West conveyancing panel. Can you suggest how I discover this. I have e-mailed my local Scunthorpe branch but they have not got back to me yet.
You are best placed to get this information from your Scunthorpe property lawyer . Most Scunthorpe law practices will keep a file or database of lender panel information which would include, if applicable, their conveyancing panel details for each lender.
Do the conveyancing lawyers that you recommend handle attended exchange conveyancing in Scunthorpe?
We do have a number of conveyancing specialists carrying out 24hr exchanges. Do contact us to receive a conveyancing quote and details as to availability.
I am purchasing a terraced house in Scunthorpe. How practical is it for me to do the conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Scunthorpe you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Scunthorpe.
I've recently found out that there is a flying freehold element on a property I have offered on last month in what was supposed to be a straight forward, chain free conveyancing. Scunthorpe is the location of the property. What do you suggest?
Flying freeholds in Scunthorpe are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Scunthorpe you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Scunthorpe 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 premises.
Our conveyancer has advised that he intends to complete and exchange simultaneously on our sale of a £300,000 apartment in Scunthorpe next week. The managing agents has quoted £408 for Landlord’s certificate, building insurance schedule and 3 years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Scunthorpe?
Scunthorpe conveyancing on leasehold flats usually involves administration charges invoiced by freeholders :
Addressing conveyancing due diligence questions
Where consent is required before sale in Scunthorpe
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I acquired a studio flat in Scunthorpe, conveyancing was carried out 8 years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Scunthorpe with a long lease are worth £260,000. The average or mid-range amount of ground rent is £50 levied per year. The lease finishes on 21st October 2095
You have 75 years remaining on your lease we estimate the premium for your lease extension to span between £8,600 and £9,800 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.
When it comes to my conveyancing in Scunthorpe should I be paying VAT on the following: (1) Land reg fee on purchase (2) Pre - completion search fee (3) SDLT E submission on purchase (4) Bank TT fee
(1) Land reg fee on purchase - No (2) Pre - completion search fees -No, (such conveyancing searches are HMLR ones and means £4 and possibly £2 bankruptcy per name on your mortgage) (3) SDLT E submission on your purchase - There is no VAT on Stamp Duty. However if the firm is charging a stamp duty e-submission fee as part of their services - some Scunthorpe conveyancers do - that will incur VAT(4) Bank transfer fee - Yes it is for the conveyancer's time in submitting the funds this way.