Is it the case that all South Brent CQS (Conveyancing Quality Scheme) solicitors are on the UBS conveyancing list of approved solicitors?
Some major banks and building societies now utilise CQS as the starting point for Panel approval such as HSBC and Santander. CQS membership however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitors wishing to join their approved list of firms.
I have paid off my mortgage with HSBC. I assume I don't need a South Brent conveyancer on the HSBC panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your HSBC mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the HSBC mortgage from the register. HSBC, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where HSBC has sent the Land Registry the discharge electronically, and
- HSBC has instructed the Land Registry to do so
I recently had an offer accepted on a house in South Brent. My financial adviser suggested a solicitor. I paid an upfront payment of £175. A couple of days later, the conveyancing practitioner called 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.
I have recentlybecome aware that Arc property Solicitors have closed. They conducted my conveyancing in South Brent for a purchase of a leasehold apartment 18 months ago. How can I be sure that the property is in my name in the name of the previous owner?
The quickest way to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of South Brent conveyancing specialists.
I have been on the look out for a ground for flat up to £245,000 and identified one close by in South Brent I like with amenity areas and railway links in the vicinity, the downside is that it only has 49 remaining years left on the lease. There is not much else in South Brent in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?
Should you require a home loan the remaining unexpired lease term will be a potential deal breaker. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
Is there anything unique about your site and alternative online quote calculators when it comes to conveyancing in South Brent?
At this site secure an accurate costs illustration via a Solicitor or Licensed Conveyancer that has a full understanding of the issues for your conveyancing in South Brent. Unlike many estate agents and many comparison sites we are not in the business of charging firms a commission if you appoint them for your home move in South Brent
My step-father has recommend that I instruct his conveyancing solicitors in South Brent. Do I follow his guidance?
No doubt the ideal way to choose a conveyancing solicitor is to seek guidance from friends or family who have actually previously instructed the firm that you are considering.
If all goes to plan we aim to complete the sale of our £300,000 garden flat in South Brent in 5 days. The managing agents has quoted £372 for Certificate of Compliance, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge such fees for a leasehold conveyance in South Brent?
South Brent conveyancing on leasehold apartments usually requires the buyer’s conveyancer sending questions for the landlord to address. Although the landlord is under no legal obligation to answer these enquiries most will be content to do so. They are entitled to charge a reasonable charge for answering enquiries or supplying documentation. There is no upper cap for such fees. The average costs for the paperwork that you are referring to is £350, in some cases it exceeds £800. The management information fee demanded by the landlord must be accompanied by a synopsis of rights and obligations in relation to administration fees, without which the invoice is technically not due. Reality however dictates that one has no option but to pay whatever is demanded should you wish to complete the sale of your home.
South Brent Conveyancing for Leasehold Flats - Sample of Questions you should ask before Purchasing
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It would be wise to find out if there are any onerous restrictions in the lease. By way of example some leases prohibit pets being allowed in certain buildings in South Brent. If you like the propertyin South Brent however your dog can’t make the move with you then you will be presented with a hard determination. Is there a share of the freehold? It would be prudent to find out as much as you can concerning the managing agents as they will impact your use and enjoyment of the property. Being a leasehold owner you will be in the clutches of the managing agents from a financial perspective and when it comes to practical issues such as the tidiness of the communal areas. Don't be shy to ask other tenants what they think of their management. Finally, be sure you know the dates that you are obliged pay the service charge to the relevant party and specifically what you get for your money.