My fiance’s dad is a solicitor. I am hopeful that I will be offered mate’s fee for conveyancing, but if not, what level of fees would I typically be looking at for conveyancing in Aspley Guise?
Do contrast pricing. Make use of our search tool on this site. You will notice that amounts will vary but service levels do differ between solicitors as is true with most professions.
Can you explain why leasehold purchase conveyancing in Aspley Guise costs more?
Aspley Guise leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving appropriate notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
We have agreed to purchase a house in Aspley Guise. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Bank of Ireland be concerned?
Given that you are obtaining a mortgage with Bank of Ireland your lawyer must follow the formal requirements set out in Part two of UK Finance Lenders’ Handbook for Bank of Ireland. The CML Handbook sets out minimum provisions for solar panel roof-space leases, and property lawyers are required to report to Bank of Ireland where a lease does not comply with these conditions. The provisions relate to the installation of panels on properties in England and Wales and is not isolated to Aspley Guise.
I have paid off my mortgage with TSB. I assume I don't need a Aspley Guise property lawyer on the TSB panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your TSB mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the TSB mortgage from the register. TSB, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where TSB has sent the Land Registry the discharge electronically, and
- TSB has instructed the Land Registry to do so
The formalities of my purchase has taken place for my property in Aspley Guise. Conveyancing was of an acceptable standard but I would like to complain about the lender. How does one go about formally complaining?
All lenders have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. We understand that complaints to a lender are sorted out very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I have recentlyfound out that Stirling Law have closed. They conducted my conveyancing in Aspley Guise for a purchase of a freehold house 18 months ago. How can I establish that the property is registered correctly in the name of the previous owner?
The quickest method to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Aspley Guise conveyancing specialists.
We're first time buyers - had an offer accepted, yet the agent has warned us that the owners will only move forward if we appoint the agent's recommended solicitors as they want a ‘quick sale’. We would rather use a high street conveyancer who is accustomed to conveyancing in Aspley Guise
It is improbable the vendors are driving this. If they want ‘a quick sale', turning down a serious purchaser is counter productive. Try to communicate with the vendors directly and make the point that (a)you are keen to buy (b)you are ready to progress, with finances in place © you are chain free (d) you intend to proceed fast (e)however you are going to appoint your own,trusted Aspley Guise conveyancing firm - rather thanthose that will provide the estate agent a referral fee or meet his conveyancing targets demanded by HQ.
Can you provide any top tips for leasehold conveyancing in Aspley Guise from the point of view of saving time on the sale process?
- A significant proportion of the delay in leasehold conveyancing in Aspley Guise can be reduced where you get in touch lawyers the minute you market your property and request that they start to collate the leasehold documentation needed by the buyers’ representatives. A minority of Aspley Guise leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, it would be prudent to place the estate agents on notice to make sure that the purchasers obtain financial (bank) and professional references. Any bank reference will need to confirm that the buyers are financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the purchasers or their solicitors. If you are supposed to have a share in the freehold, you should make sure that you hold the original share document. Organising a re-issued share certificate can be a time consuming process and frustrates many a Aspley Guise conveyancing deal. If a reissued share is necessary, you should approach the company officers or managing agents (if relevant) for this at the earliest opportunity. If you have carried out any alterations to the property would they have required Landlord’s consent? Have you, for example installed wooden flooring? Most leases in Aspley Guise state that internal structural alterations or laying down wooden flooring require a licence issued by the Landlord approving such works. If you fail to have the paperwork in place do not contact the landlord without contacting your conveyancer first.
I invested in buying a leasehold flat in Aspley Guise, conveyancing was carried out March 2004. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar properties in Aspley Guise with an extended lease are worth £260,000. The ground rent is £45 yearly. The lease ends on 21st October 2099
With 74 years unexpired we estimate the price of your lease extension to span between £8,600 and £9,800 plus legals.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first seeking the advice of a professional.