Me and my partner are soon to exchange buying a property in Wennington but as a consequence of wreckage from the recent storms I have was able negotiate reparation from the vendor in the sum of £3k by way of a reduction in the price. I had intended this to be addressed as part of a side agreement yet Bank of Ireland will not agree to this. Why were they involved?
Your solicitor being on the Bank of Ireland approved list is obliged to inform Bank of Ireland of any amendments to the sale price. If you were to refuse your solicitor to disclose the reduction to Bank of Ireland then they would have to discontinue acting for you. In addition, Bank of Ireland and you would have to appoint a new solicitor for your conveyancing in Wennington.
Is it the case that all Wennington conveyancing solicitors on the UBS conveyancing panel are overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the UBS conveyancing panel they would need to be governed by the Solicitors Regulatory Authority. Many banks do permit licenced conveyancers on their panel and in that case the firms would be governed by the Council of Licensed Conveyancers.
How can we tell if a Wennington conveyancing solicitor on the Virgin Money panel is any good?
When it comes to conveyancing in Wennington getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the solicitor carrying out your transaction.
My wife and I are at the point of looking at apartments in Wennington and I am now considering a potential offer. Should I already have a solicitor in place at this stage? I will be getting a mortgage with Skipton.
It would be prudent to commence your search sooner rather than later. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the selling agent. Given that you are seeking a mortgage with Skipton, make sure you remember to check that your lawyer is on the Skipton conveyancing panel.
Due to the advice of my in-laws I had a survey completed on a property in Wennington prior to instructing conveyancers. I have been advised that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies may not issue a loan on a flying freehold home.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to telephone us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Wennington. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Wennington to see if the conveyancing costs will increase in light of this.
What is different about your site and alternative online quote calculators for conveyancing in Wennington?
At this site obtain an accurate costs illustration from a Solicitor or Licensed Conveyancer that understands the nuances for your conveyancing in Wennington. As opposed to estate agents and many comparison sites we do not charge firms a fee if you appoint them for your home move in Wennington
I have been sourcing a conveyancing solicitor in Wennington for my home move. Is it possible to check a firm’s record with the profession’s regulator?
Members of the public can search for published Solicitor Regulator Association (SRA) determinations arising from inquisitions commenced on or after Jan 2008. Go to Check a solicitor's record. For records about the period before 1 January 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, use +44 (0)121 329 6800. The regulator sometimes recorded telephone calls for training requirements.
Last April I purchased a leasehold house in Wennington. Do I have any liability for service charges for periods before completion of my purchase?
In a situation 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 am the leaseholder of a first flat in Wennington. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the sum due for a lease extension?
You certainly can. We are happy to put you in touch with a Wennington conveyancing firm who can help.
An example of a Lease Extension decision for a Wennington residence is Various @ Colombus Square in January 2012. the Tribunal calculated the premiums to be paid for new leases for each of the flats in Mariners Walk to be £3822 and the premium to be paid for the new lease of 2 Knights Court to be £4439. This case related to 13 flats. The remaining number of years on the lease was 76 years.