My fiance’s uncle is a solicitor. I suspect that I will receive mate’s pricing for conveyancing, but if not, what kind of fees would I typically be looking at for conveyancing in Tetbury?
Do contrast pricing. Make use of our search tool on this site. Whilst fees do be different but the service one can expect are distinct between law firms as is the case with the vast majority of professional services.
My lawyer has uncovered a defect with the lease for the apartment we are purchasing in Tetbury. The other side have suggested title insurance as a workaround. We are content with insurance and will cover the costs. Our property lawyer has advised that he must ensure that the mortgage company is happy with this solution. Who is the client here, us or the bank?
Even though you have a mortgage offer from the lender does not mean to say that the property will meet their specifications for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook specifications. You and the lender are the client. These conveyancing instructions have to be complied with.
I am helping my niece sell her property in Tetbury. Will the solicitor arrange the energy assessment or do I organise this?
After the demise of HIPs, energy assessments was kept a compulsory element of selling a property. An EPC needs to be commissioned prior to the property being advertised. This is not a task that lawyers normally arrange. Where you are instructing a Tetbury conveyancing lawyer they might help arrange energy performance certificates due to their contacts with long established Tetbury energy assessors
I am currently in the process of buying my council flat in Tetbury. I have a mortgage offer with Barclays. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Barclays, you will need to appoint a solicitor on the Barclays conveyancing panel.
About to purchase house in Tetbury. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Aldermore conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Tetbury solicitor is on the Aldermore conveyancing panel.
My friend advised me that where I am buying in Tetbury I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is usually quoted for as part of the standard Tetbury conveyancing searches. It is not a small report of more than thirty pages, listing and detailing important information about Tetbury around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful information concerning Tetbury.
I’m about to sell my ground floor apartment in Tetbury. Conveyancing solicitors are to be appointed soon, but I have recently received a half-yearly maintenance charge invoice – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should pay the invoice as normal as all rents and service payments should be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until 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. Having a clear account will assist your cause and will leave you no worse off financially.
I invested in buying a ground floor flat in Tetbury, conveyancing was carried out April 2002. How much will my lease extension cost? Similar flats in Tetbury with a long lease are worth £206,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease expires on 21st October 2091
With just 66 years remaining on your lease the likely cost is going to span between £12,400 and £14,200 plus costs.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to supply the actual costs in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.
My conveyancing solicitor in Tetbury is asking me for identification documents saying that this is part of his legal duty as a conveyancer on the mortgage company Conveyancing panel. Am I being spun a yarn?
Anti-terror and anti-money-laundering rules require Tetbury conveyancing solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Terms and Conditions that you need to sign will no doubt confirm this. Your lawyer is right that the lender also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with the mortgage company's UK Finance Lenders’ Handbook requirements