We note that you have a search directory listing solicitors on the Nationwide conveyancing panel. Do companies pay you a referral fee if I instruct them for our own conveyancing in Burton Latimer?
We are a listing service only for law firms wishing to communicate if they are on the Nationwide conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Burton Latimer.
I am buying a semi-detached house in Burton Latimer. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Burton Latimer you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Burton Latimer.
If you had a top tip for selecting a conveyancing solicitor in Burton Latimer what would it be?
Do not opt for the cheapest Burton Latimer conveyancing quote. You really do get what you pay for when it comes to property lawyers. 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 time.
After weeks of negotiation I have agreed a price on a house in Burton Latimer. My mortgage broker suggested a property lawyer. I paid an on account payment of £175. A few days later, the property lawyer contacted me embarrassingly acknowledging that they were not on the Bank of Ireland 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 Bank of Ireland 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.
Coventry BS have agreed my mortgage in principle, my offer on a property in Burton Latimer has been agreed to, now what?
Your estate agent will want to know who your solicitors are (ensure that the conveyancing practitioners are on the bank’s approved list). Call up Coventry BS or your broker and finish off any relevant paperwork. Coventry BS will appoint a valuer who will get in contact with the selling agent or vendor to arrange an appointment. Once carried out (assuming no problems) it takes approximately ten days for the mortgage offer to be issued. Coventry BS will send the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Burton Latimer.
I appreciate that there are debates on Chancel Insurance on online forums. Am I compelled to have this when purchasing a property in Burton Latimer? or Apparently there is a law dating back centuries that could mean that owners of property residing in a parish church boundary will be compelled to contribute towards maintenance to the chancel within the church. Is this relevant for conveyancing in Burton Latimer?
Unless a prior purchase of the premises completed after 12 October 2013 you can expect lawyers carrying out conveyancing in Burton Latimer to remain recommending a chancel search and or insurance against a claim.
Just had an offer accepted on a new build flat in Burton Latimer. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Burton Latimer
-
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are architect prepared. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
There are only Fifty years remaining on my lease in Burton Latimer. I need to get lease extension but my freeholder is missing. What should I do?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be extended by the magistrate. You will be obliged to demonstrate that you have used your best endeavours to find the lessor. On the whole an enquiry agent should be helpful to carry out a search and prepare a report which can be used as evidence that the freeholder can not be located. It is wise to seek advice from a solicitor in relation to investigating the landlord’s absence and the application to the County Court overseeing Burton Latimer.
I acquired a 2 bed flat in Burton Latimer, conveyancing formalities finalised July 1997. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Burton Latimer with an extended lease are worth £180,000. The ground rent is £65 per annum. The lease expires on 21st October 2084
You have 59 years remaining on your lease we estimate the premium for your lease extension to range between £20,900 and £24,200 as well as legals.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt 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 based on this information without first getting professional advice.