We are planning to buy with Norwich and Peterborough Building Society. I dropped in 3 or 4 local firms but am unable to find a Sileby conveyancing firm on the Norwich and Peterborough Building Society panel. Can you assist?
You should make use of the search tool on this web page. Pick the building society and type Sileby or your location and you will see a number of lawyer based in Sileby or by proximity to you.
I require fast conveyancing in Sileby as I am faced with a deadline to exchange contracts within one month. Luckily I do not need a mortgage. Can I avoid the conveyancing searches to save money and time?
As you are not getting a mortgage you have the choice not to have searches conducted although no lawyer would suggest that you don't. Drawing on our experience of conveyancing in Sileby the following are examples of issues that can show up and adversely affect the marketability of the property: Enforcement Notices, Outstanding Fees, Outstanding Grants, Unadopted Roads,...
I opted to have a survey carried out on a property in Sileby in advance of retaining conveyancers. I have been informed that there is a flying freehold element to the property. The surveyor has said that some banks tend not give a loan on this type of property.
It varies from the lender to lender. Santander has different requirements from Nationwide. If you call us we can investigate further with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Sileby. Conveyancing will be smoother if you use a solicitor in Sileby especially if they regularly deal with such properties in Sileby.
I need to instruct a conveyancing lawyer in Sileby for my home move. Can I check a firm’s record with the profession’s regulator?
Members of the public can search for presented Solicitor Regulator Association (SRA) decisions resulting from investigations from 2008 onwards. Go to Check a solicitor's record. For details Pre 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The regulator could recorded call for training requirements.
I've recently bought a leasehold property in Sileby. Am I liable to pay service charges relating to a period prior to 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 1 bedroom flat in Sileby, conveyancing having been completed February 2003. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Sileby with over 90 years remaining are worth £227,000. The ground rent is £50 per annum. The lease comes to an end on 21st October 2092
With just 72 years unexpired we estimate the premium for your lease extension to range between £9,500 and £11,000 plus costs.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.
Whilst your website is a good idea there are many lawyers listed near Sileby being on the mortgage company conveyancing panel. Can you recommend a specific firm on the bank approved panel?
We do not recommend specific Sileby firms as the right Sileby conveyancing firm for you depends on where your priorities lie. For example you may require a local firm with Sileby knowledge or you might be looking for the low cost conveyancing. We recommend that you speak to 3 or 4 lawyers listed before you make your choice..