I am buying a property in Bristol. An unusual aspect is that the roof has a solar panel. Lloyds 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 you are obtaining a mortgage with Lloyds your lawyer must comply with the formal requirements outlined in Section 2 of UK Finance Lenders’ Handbook for Lloyds. The CML Handbook sets out minimum specifications for solar panel roof-space leases, and lawyers are required to report to Lloyds where a lease does not meet these specifications. The requirements relate to the installation of panels on properties in England and Wales and is not restricted to Bristol.
I have decided to exercise my right to buy my property in Bristol off the council. I have a mortgage offer with TSB. Conveyancing is not something I have any knowledge of. 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 TSB, you will need to appoint a solicitor on the TSB conveyancing panel.
I have instructed a Bristol conveyancer having checked that they are on the Nottingham conveyancing panel. Does my lawyer arrange the survey of the property?
Nottingham will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nottingham 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. Your lawyer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Bristol postcode. As you are getting a mortgage with Nottingham, you could contact them to see if they have a list of approved surveyors in Bristol.
I require expedited conveyancing in Bristol as I have pressure to exchange contracts inside one month. Luckily I do not need a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?
As you are not taking a mortgage you have the choice not to have searches carried out although no solicitor would suggest that you don't. With plenty of history conveyancing in Bristol the following are examples of what can appear and therefore affect market value: Refused Planning Applications, Outstanding Fees, Overdue Grants, Road Schemes,...
I used Action Conveyancing a few years ago for my conveyancing in Bristol. Now, I need my documents however cannot find the solicitor. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Bristol of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm purchasing my first flat in Bristol with a mortgage from Skipton Building Society. The sellers would not reduce the amount so I negotiated £7000 of additionals instead. The property agent advised me not reveal to my conveyancer about the side-deal as it may jeopardize my mortgage with Skipton Building Society. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer 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 looking to sell my home. My previous conveyancers has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Bristol if that affects matters.
Do use our search tool to help you choose a solicitor for your conveyancing in Bristol. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
What are your top tips when it comes to appointing a Bristol conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a conveyancer for lease extension works (regardless if they are a Bristol conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of work. We suggest that you speak with several firms including non Bristol conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be of use:
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What are the legal fees for lease extension conveyancing? How many lease extensions has the firm carried out in Bristol in the last 12 months?
I own a split level flat in Bristol, conveyancing formalities finalised August 2004. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Bristol with an extended lease are worth £201,000. The average or mid-range amount of ground rent is £45 yearly. The lease terminates on 21st October 2090
With only 64 years remaining on your lease we estimate the price of your lease extension to be between £14,300 and £16,400 plus professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs without more comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.