We are purchasing a house in Aldeburgh. It might be a silly question but how we can trust a solicitor? At some point we have to send funds into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I can see plenty of information on this site about conveyancing in Aldeburgh but can you isolate your top tip for choosing the right conveyancer in Aldeburgh
We would encourage you not to go for the cheapest Aldeburgh conveyancing fees. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in ahead of the deal.
Nationwide have agreed my mortgage in principle, my bid on a property in Aldeburgh has been accepted, now what?
The estate agent will need to be advised as to your property lawyer's details (ensure that the conveyancers are on the lender’s panel). Call up Nationwide or your financial adviser and finish off any relevant documentation. Nationwide will appoint a valuer who will get in contact with the selling agent or vendor to book a slot for the valuation to take place. Once carried out (assuming no problems) it takes about ten days to get a mortgage offer. Nationwide will issue the offer to you and your property lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Aldeburgh.
I opted to have a survey carried out on a house in Aldeburgh ahead of retaining conveyancers. I have been informed that there is a flying freehold element to the house. My surveyor has said that some mortgage companies will not grant a mortgage on this type of home.
It varies from the lender to lender. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to telephone us we can investigate further via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Aldeburgh. Conveyancing may be slightly more expensive based on your lender's requirements.
I have been recommended by numerous estate agents in Aldeburgh to get a quote from a conveyancer on your site. Is there a financial incentive for Estate Agents to offer your services over and above another?
We don’t offer any referral fee for pointing buyers and sellers in our direction. We thought it would be too underhand to pay a commission as members of the public would think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
My husband and I are 17 days into a freehold purchase having been directed to a firm by the high street agent to perform conveyancing in Aldeburgh. I am am starting to be dissatisfied with the quality of service. Could you you assist me in finding new lawyers?
A solicitor would have to be very bad in order to consider diss instructing them. Has your mortgage offer been generated? In the event that it has you must make them aware of the replacement conveyancer and ensure the mortgage documents are re-sent. The conveyancer needs to be on the mortgage company approved list to avoid escalating expenses and delays. So that should be your first question of the new lawyers. The find a solicitor tool can assist you in finding a bank approved lawyer for your home move in Aldeburgh
I have recently realised that I have 62 years unexpired on my lease in Aldeburgh. I am keen to extend my lease but my freeholder is can not be found. What options are available to me?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be granted an extra 90 years by the magistrate. You will be obliged to prove that you have made all reasonable attempts to find the lessor. In some cases a specialist may be helpful to conduct investigations and to produce a report to be used as evidence that the freeholder can not be located. It is wise to seek advice from a property lawyer both on proving the landlord’s disappearance and the vesting order request to the County Court overseeing Aldeburgh.
Aldeburgh Conveyancing for Leasehold Flats - A selection of Questions you should consider before Purchasing
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This question is useful as a) areas can cause problems for the building as the common areas may begin to deteriorate if services remain unpaid b) if the leasehold owners have a dispute with the managing agents you will want to have complete disclosure How many of the leaseholders are in arrears for their service charge payments? Does the lease have in excess of 80 years remaining?
My partner and I hope to acquire our first house in Aldeburgh. Conveyancing lawyer already appointed. The broker pointed out that a survey is not needed as the property is just 17 years old.
At the very least you should have a Home Buyer's Report. Given the premises was constructed more than a decade ago the property will not come with a warranty, so you don't want to take a risk. Where a property of this age shows no signs of defects a Home Buyer's report may be sufficient. They will highlight any obvious issues and suggest additional investigation where appropriate. Where there are any signs of problems seek a comprehensive structural survey.