Just been in touch with my conveyancing solicitor in Blagdon who acted for me 18 months ago requesting a conveyancing costs illustration based on the same type of house move (a leasehold residence and a freehold property) of similar values with a mortgage from Alliance & Leicester . I am now being quoted double. Should I hunt for a cheaper internet property lawyer?
The charges are a bit high. If you you were to look around you might reduce the fees slightly by say a hundred pounds. On the other hand, providing that you were satisfied with the assistance the firm provided you mightlive to regret choosing an an unknown conveyancer. If is important to ensure the conveyancer can represent Alliance & Leicester . Do make use of our search tool to get a quote a Blagdon conveyancing firm on the Alliance & Leicester approved list of lawyers, which can often include conveyancing solicitors in Blagdon.
Forgive me if this question is silly but I am unexperienced as FTB of a two bedroom flat in Blagdon. Do I pick up the keys to the house on the completion date from my conveyancer? If this is the case, I will find a local conveyancing solicitor in Blagdon?
On the day of completion you do not need to attend the conveyancers office in Blagdon. Your solicitors will transfer the purchase money to the seller's lawyers, and once they have received this, you will be able to pick up the keys from the selling Agents and start moving into the property. Usually this occurs early afternoon.
I am currently in the process of buying my council flat in Blagdon. I have a mortgage offer with Lloyds. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Lloyds, you will need to appoint a solicitor on the Lloyds conveyancing panel.
I recently had an offer agreed on an apartment in Blagdon. My financial adviser recommended their conveyancers. I paid an upfront payment of £225. Not long after, the conveyancer contacted me to say that they were not on the Leeds Building Society conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Leeds Building Society panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I am selling our home in Blagdon and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. A high street Blagdon conveyancer would know this is not the case. For the life of me I don't know why the buyers used a national conveyancing outfit as opposed to a conveyancing solicitor in Blagdon. We have lived in Blagdon for 5 years we know that this is a non issue. Is it a good idea to contact our local Authority to get confirmation that there is no issue.
It would appear that you have a conveyancing lawyer already. Are they able to advise? You must check with 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 health insurance to cover that same sickness)
I'm buying a new build house in Blagdon with a loan from Nottingham Building Society. The developers refused to reduce the amount so I negotiated £7000 of additionals instead. The house builders rep told me not reveal to my lawyer about the deal as it may affect my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am in need of some leasehold conveyancing in Blagdon. Before I get started I want to be sure as to the unexpired term of the lease.
Assuming the lease is recorded at the land registry - and most are in Blagdon - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the registered owner of a garden flat in Blagdon, conveyancing formalities finalised half a dozen years ago. Can you work out an approximate cost of a lease extension? Equivalent properties in Blagdon with over 90 years remaining are worth £192,000. The average or mid-range amount of ground rent is £55 yearly. The lease ends on 21st October 2079
You have 54 years left to run we estimate the premium for your lease extension to be between £32,300 and £37,400 as well as costs.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.
How and when do I pay stamp duty payable for my house transaction in Blagdon?
Your solicitor will complete a stamp duty return for you as part of your Blagdon purchase transaction for signature. After completion your conveyancing practitioner will submit your STL Return Form to the Tax Authorities and - assuming they have the money - pay any Stamp Duty payable for you.