My previous solicitor has sent a quote for £1350 for fixed fee conveyancing in Whitland. I’m selling a Georgian property for £175,000. This sounds too much. Is it in excess of the norm for conveyancing in Whitland?
The estimate does seem a tad steep. If you are prepared to expend time comparing charges you may be able to trim some of the cost by perhaps £125. That being said, you maycome to regret choosing an an untested solicitor. Remember to check that the solicitor can represent your lender. Do employ our comparison tool to find a Whitland conveyancing practice on the banks conveyancing panel which can often include conveyancing solicitors in Whitland.
We are a couple about to exchange contracts for a leasehold flat in Whitland. We have hit a problem. Our loan offer with Bank of Scotland expires on 22/5/2024 but the owners are insisting on a completion date of 24/5/2024. Is it possible to prolong the mortgage expiry date?
The person best placed to deal with your concern is your lawyer who is in a position to determine if he or she is corresponding with the mortgage company, seller’s lawyers, estate agents or indeed all three based on what has happend in your transaction to date.
My conveyancer has informed me that absentee landlord insurance is required on my purchase. What is the level of cover for Whitland conveyancing?
The appropriate level of absentee landlord indemnity insurance depends on who your lender is. It would differ for example between Nationwide Building Society and Leeds Building Society. Conveyancing lawyers as opposed to members of the public take out such insurances.
We previously appointed conveyancing lawyers locally in Whitland on the Clydesdale solicitor panel. They have just invoiced me a separate sum for handling the Clydesdale mortgage. Is this a supplemental conveyancing fee set by Clydesdale?
Provided it is contained in their Terms and Conditions or Quote then yes your lawyer can levy a fee for this. The fee is not dictated by Clydesdale but by your Whitland solicitor. Some firms on the Clydesdale panel will quote an ‘acting for lender’ fee but some practices include it on their overall fee.
Aldermore have agreed my home loan in principle, my bid on a apartment in Whitland has been agreed to, now what?
The estate agent will want to be informed of your conveyancer's details (make sure the property lawyers are on the lender’s approved list). Telephone Aldermore or the broker and finish off any appropriate documentation. Aldermore will sellect a valuer who will get in contact with the selling agent or owners to arrange a time for the valuation to occur. Once carried out (assuming no problems) it takes on average ten days for the mortgage offer to be issued. Aldermore will issue the offer to you and your conveyancing practitioners. The transaction will then take it’s course according the nature and complexity of the conveyancing in Whitland.
Have completed on a a terraced house in Whitland , What is the estimated time for the Land Registry to deal with the formalities evidencing the transfer to my name? My Whitland conveyancing solicitor has been painfully slow, so I want to be sure the post completion formalities are concluded.
There is nothing unique when it comes to conveyancing in Whitland registration formalities. Rather than based on location, timescales can vary subject to who lodges the application, whether there are errors and whether the Land registry communicate with any other persons or bodies. At present in the region of 80% of submission are completed in less than three weeks but occasionally there can be longer delays. Registration is effected after the new owner has moved in to the premises so 'speed' is not typically top priority but where there is a degree of urgency associated with the registration then you or your solicitor should communicate with the Registry to express the reasoning for the application to be prioritised.
I have been on the look out for a flat up to £235,500 and found one near me in Whitland I like with amenity areas and railway links in the vicinity, the downside is that it's only got 61 years on the lease. I can't really find anything else in Whitland suitable, so just wondered if I would be making a mistake acquiring a short lease?
If you require a mortgage the shortness of the lease will likely be an issue. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for at least twenty four months you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer regarding this matter.
My partner has recommend that I use his conveyancing solicitors in Whitland. Should I use them?
Much as we are happy to recommend a Whitland conveyancing lawyer the ideal way to select a conveyancing practitioner is to get feedback from friends or family who have experience in using the solicitor that you are contemplating using.