We hired a high street solicitor for our conveyancing in Wallington yesterday. Upon checking the fine print I seewe are responsible for charges even if the movedoes not happen. Would I be best advised to appoint an on-line solicitor practice offering no completion no cost conveyancing in Wallington?
Generally there is a concession along the lines that if "No Completion No Fee" is available then the conveyancing charges will tend to be be more expensive to cover those cases that do not go ahead. Do bear in mind that such promotions rarely cover disbursements for example Wallington conveyancing search costs.
Finally the sale completed on my house in Wallington last May but our buyer keeps Skype messaging me to say his lawyer needs to hear from mysolicitor. What should have happened now that I have sold?
Post completion of your disposal your solicitor is duty bound to forward the transfer documentation and all additional paperwork to the purchaser's solicitors. If applicable, your solicitor should also send confirmation that the home loan has been redeemed to the purchasers conveyancers. There are no post completion formalities peculiar conveyancing in Wallington.
I have been on the look out for a ground for flat up to £235,500 and identified one round the corner in Wallington I like with open areas and railway links in the vicinity, however it's only got 52 remaining years left on the lease. I can't really find anything else in Wallington for this price, so just wondered if I would be making a mistake acquiring a short lease?
If you need a mortgage the remaining unexpired lease term will be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
I'm remortgaging my primary house to a BTL mortgage with Accord Mortgages Ltd and I will use the ballance of the raised equity as a deposit on further property. The neighborhood we are looking at is Wallington. Will your solicitors be able to act for both sets of lenders and link together the transactions?
Do use our search tool on this page to be sure that the conveyancers are approved by both lenders. On the basis that they are your lawyer should be able to tie up the two conveyancing matters but you should have a chat with you lawyer and specify your expectations and requirements.
Estate agents have just been given the go-ahead to market my basement flat in Wallington. Conveyancing is yet to be initiated, but I have recently received a half-yearly maintenance charge demand – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should pay the invoice as usual given that all rents and maintenance payments should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless 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 have attempted and failed to negotiate with my landlord for a lease extension without any joy. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a Wallington conveyancing firm to assist?
You certainly can. We can put you in touch with a Wallington conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Wallington residence is 21 & 23 Carshalton Grove in May 2009. the Tribunal adopted the figures presented as the premiums payable by the Applicant i.e. a total of £20,750. This case related to 2 flats. The number of years remaining on the existing lease(s) was 72 years.
My wife and I have just had an offer accepted on a house and had meeting on Tuesday with HSBC for the mortgage. They have informed me that when it comes to selecting a solicitor that unless they are on their approved list of property lawyers then we will be subject to an a further fee of £200. This is because they will then have to select a solicitor to act on their behalf as well as the one we select on our behalf and we assume responsibility for their fees. I have asked HSBC to supply me with a list so I can obtain quotes only from their approved solicitors but was told they dont have such a list to hand over. Is there a simple way of finding out who is on a lender panel?
Ask HSBC what their criteria for panel membership is for a solicitor.Thereafter ask the solicitor of your choice whether they fit that criteria and have they acted on loans for HSBC historically. If the answer to those is yes, then just clarify this with HSBC. Another option is to utilise our search tool and we should be able to locate a solicitor in Wallington on the panel for HSBC.