I have 7378 less than 75 years remaining on my lease and require a lease extension for my apartment in Weymouth. Conveyancing solicitors on the Platform panel can deal with such extensions correct?
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Platform have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 14/3/2023 the requirements read as follows :
is it true that all Weymouth solicitors on the Nottingham conveyancing panel are governed by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Nottingham conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Some lenders do allow licenced conveyancers on their panel and in that case the organisation would be governed by the Council of Licensed Conveyancers.
How can we know in advance if a Weymouth conveyancing solicitor on the Kent Reliance panel is any good?
When it comes to conveyancing in Weymouth obtaining recommendations is a good start. 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 which is cheap as chips. We would always suggest that you speak with the solicitor carrying out your conveyancing.
Intending to buy a maisonette in Weymouth. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Principality 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 Weymouth lawyer is on the Principality conveyancing panel.
We are intent on selling our home in Weymouth and according to the buyers it appears that there is a possibility that the property was built on contaminated land. Any local lawyer would know that there is no such problem. For the life of me I don't know why the buyers are using an online conveyancing firm rather than a conveyancing solicitor in Weymouth. We have lived in Weymouth for 4 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to obtain clarification that the buyers are looking for.
It would appear that you have a conveyancing firm already. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
Due to the input of my in-laws I had a survey completed on a house in Weymouth before instructing solicitors. I have been told that there is a flying freehold element to the property. Our surveyor has said that some mortgage companies may refuse to give a mortgage on a flying freehold house.
It varies from the lender to lender. Lloyds has different requirements from Halifax. Should you wish to telephone us we can check via the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Weymouth. Conveyancing will be smoother if you use a solicitor in Weymouth especially if they regularly deal with such properties in Weymouth.
I have been sourcing a conveyancing lawyer in Weymouth for my sale. Is it possible to see a solicitor's record with the profession’s regulator?
Anyone may search for presented Solicitor Regulator Association (SRA) decisions stemming from investigations started on or after Jan 2008. Visit Check a solicitor's record. To find records Pre 2008, or to check a firm's record, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The SRA may monitor telephone calls for training purposes.
My wife and I purchased a leasehold house in Weymouth. Conveyancing and Virgin Money mortgage are in place. A letter has just been received from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1997. The conveyancing solicitor in Weymouth who previously acted has long since retired. Do I pay?
The first thing you should do is make enquiries of HMLR to make sure that the individual purporting to own the freehold is indeed the new freeholder. You do not need to incur the fees of a Weymouth conveyancing solicitor to do this as it can be done on-line for £3. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Leasehold Conveyancing in Weymouth - Sample of Queries before buying
On the whole the cost for major works are not incorporated into the maintenance charges, albeit that a few managing agents in Weymouth obliged leaseholders to pay into a reserve fund created for the specific purpose of building a fund for larger works. Plenty Weymouth leasehold properties will incur a service charge for the upkeep of the building levied on behalf of the management company. Where you acquire the apartment you will have to meet this contribution, usually periodically throughout the year. This can differ from two or three hundred pounds to thousands of pounds for buildings with lifts and large common grounds. There will also be a ground rent for you to pay annual, this is usually not a significant amount, say around £50-£100 but you should to check it because occasionally it can be many hundreds of pounds. Are there any major works anticipated that will likely add a premium to the maintenance costs?