Why is leasehold purchase conveyancing in Berkshire costs more?
The conveyancing costs on a leasehold premises in Berkshire is inevitably more expensive as compared to a freehold transaction. This is due to the additional investigations necessary in dealing with the landlord and managing agents to collate the information concerning whether the rent and maintenance fee have been paid and whether there are any significant expenditure in the near future on repairs or maintenance of the block.
My house in Berkshire is up for sale and I have a purchaser. Does my conveyancer have to be required to be on the Nationwide conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the Nationwide conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently currently.
We are due to move property in January. Should my conveyancing solicitor call the removal company on the completion day. As an aside, can you put forward a removal company in Berkshire. Conveyancing firm was found prior to coming across your site.
On the afternoon of completion you can pick up the keys from your estate agent but this can only be done once the sellers lawyers confirm to the agent that the monies to complete are in and the keys can be released. You should tell the removal company that they can start moving you in. We do not recommend a particular removal company but can assist you in locating a residential property solicitor in Berkshire or a firm that specialises in conveyancing in Berkshire.
I am purchasing a property in Berkshire. One unusual aspect is that the roof has a solar panel. Principality have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
Given that your lender is Principality your lawyer must follow the formal requirements outlined in Section 2 of UK Finance Lenders’ Handbook for Principality. The Council of Mortgage Lenders’ Handbook includes minimum conditions for solar panel roof-space leases, and conveyancing practitioners are required to report to Principality where a lease fails to meet these conditions. The conditions relate to the installation of panels on properties countrywide and is not restricted to Berkshire.
After shopping around on the internet I have found a Berkshire conveyancing practitioner having made sure that they are on the Bank of Ireland conveyancing panel. Does my lawyer arrange the survey of the property?
Bank of Ireland will need an independent valuation of the property. Your lawyer will not arrange this. Usually Bank of Ireland will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Berkshire surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Due to the input of my in-laws I had a survey completed on a house in Berkshire ahead of instructing solicitors. I have been informed that there is a flying freehold element to the house. Our surveyor advised that some mortgage companies may not grant a mortgage on a flying freehold house.
It depends who your proposed lender is. HSBC has different instructions for example to Birmingham Midshires. If you contact us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Berkshire. Conveyancing will be smoother if you use a solicitor in Berkshire especially if they regularly deal with such properties in Berkshire.
What makes your site different to alternative internet conveyancing solicitors when it comes to conveyancing in Berkshire?
At this site receive a conveyancing quote via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Berkshire. As opposed to estate agents and brokerage sites we do not charge firms a fee if you instruct them for your conveyancing in Berkshire
Me and my partner are first time buyers just having agreed a price on a property in Berkshire, and are about to get solicitors appointed. I have used the numerous rating based websites and the quotes are from all across the the UK. Is it advisable to have a Berkshire lawyer local to our prospective new home? I am happy to do everything over the internet, but I assume at some point we may be required to visit the lawyer's office to sign contracts?
The solicitor does not need to be in Berkshire, but choosing local means that you have the option to visit their offices if needed, by way of example, if a signature is immediately necessary. In addition, a Berkshire solicitor have established relationships with local agents and (if the vendor has chosen a local solicitor) with them, which will help smooth the process.