We were going to get a OIP from UBS this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do UBS recommend any Tintagel solicitors on the UBS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Tintagel solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
I recently had an offer accepted on an apartment in Tintagel. My financial adviser recommended their conveyancers. I paid an on account payment of £200. A few days later, the property lawyer 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.
Planning on purchasing a house in Tintagel. 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 Yorkshire BS 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 Tintagel solicitor is on the Yorkshire BS conveyancing panel.
I used Wolstenholmes several years past for my conveyancing in Tintagel. Now, I need the files however the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Tintagel of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Just had an offer accepted on a new build apartment in Tintagel. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Tintagel
-
There must be mutual enforceability of lessee’s covenants. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are architect prepared.
I have been on the look out for a leasehold apartment up to £195,000 and identified one close by in Tintagel I like with a park and railway links in the vicinity, however it only has 52 remaining years left on the lease. I can't really find anything else in Tintagel suitable, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a mortgage that many years will likely 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 at least 2 years you could request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this matter.
My husband and I are first time buyers - had an offer accepted, yet the agent told us that the vendor will only issue a contract if we instruct the agent's preferred conveyancers as they need an ‘expedited deal’. We would rather use a family solicitor used to conveyancing in Tintagel
It is highly unlikely the owners are behind this. Should the seller require ‘a quick sale', taking such a hostile approach to a genuine purchaser is going to damage their objectives. Bypass the agents and go straight to the sellers and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you are unencumbered (d) you wish to move quickly (e)but you will continue to use your own,trusted Tintagel conveyancing firm - not the ones that will provide the negotiator at the agency a kickback or achieve conveyancing figures pre-set by head office.
We expect to complete our sale of a £425,000 maisonette in Tintagel next Tuesday. The landlords agents has quoted £384 for Certificate of Compliance, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge an administration fee for a leasehold conveyance in Tintagel?
Tintagel conveyancing on leasehold apartments usually necessitates administration charges invoiced by freeholders :
-
Completing pre-exchange enquiries
Where consent is required before sale in Tintagel
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Leasehold Conveyancing in Tintagel - Sample of Queries before buying
-
Its a good idea to discover as much as possible regarding the managing agents as they can either make living at the property much easier or much more difficult. Being a leasehold owner you will be in the clutches of the managing agents from a financial perspective and when it comes to daily matters such as the tidiness of the common parts. Ask other people what they think of their management. On a final note, be sure you discover the dates that you are obliged pay the service charge to the managing agents and specifically how they are spending the funds. Please note if it is less than 80 years it will affect the value of the property. It is worth checking with your bank that they are willing to to proceed given the lease term. Leases with fewer than 80 years remaining means that you will probably have to extend the lease sooner rather than later and it is worth discovering how much this would cost. Remember, in most cases you will need to own the property for a couple of years in order to be legally able to carry out a lease extension. What restrictions exist in the Tintagel Lease?