My husband and I are getting closer to an exchange on a flat in Cirencester and my parents have transferred the 10% deposit to my property lawyer. I am now told that as the deposit has not come from me my solicitor needs to disclose this to my bank. I am advised that, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I informed the bank concerning my parents' contribution when I applied for the home loan, so is it really appropriate for him to raise this?
The conveyancing practitioner is obliged to check with the bank to make sure that they are aware that the balance of the purchase price is not from your own funds. The solicitor can only reveal this to your lender if you agree, failing which, your lawyer must cease to continue acting.
My wife and I have recently appointed a conveyancing solicitor in Cirencester. I I would like to check whether they are on the Barnsley Building Society approved list of lawyers. Could you or the lender confirm if they are on the panel?
The first thing to do is e-mail the conveyancer and ask them if they are on the lender panel. Otherwise you can call Barnsley Building Society who may be able to confirm.
Have purchased a a detached house in Cirencester , What is the estimated time for the Land Registry to deal with the formalities evidencing my ownership? My Cirencester conveyancing solicitor works at snail pace, so I want to check that my purchase is registered.
As far as conveyancing in Cirencester registration is no quicker or slower than the rest of England and Wales. As opposed to being determined by geographic area, timescales can differ subject to who lodges the application, whether it is in order and if the Land registry must send notices to any third parties. As of today in the region of 80% of such applications are fully addressed within 12 days but occasionally there can be longer hold-ups. Registration occurs once the buyer has moved in to the premises so registration formalities is not typically top priority yet if there is a degree of urgency associated with the registration then you or your solicitor can contact the land registry and explain the circumstances.
We're new on the property ladder - had an offer accepted, but the selling agent informed us that the seller will only proceed if we appoint their recommended lawyers as they need an ‘expedited deal’. Our preferred option is to instruct a local solicitor accustomed to conveyancing in Cirencester
It is highly unlikely the owners are driving this. If they want ‘a quick sale', alienating a genuine purchaser is going to damage their objectives. Bypass the agents and go straight to the owners and make sure they understand (a)you are motivated buyers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)but you will continue to use your own,trusted Cirencester conveyancing lawyers - not the ones that will give their negotiator at the agency a introducer fee or hit his conveyancing thresholds demanded by head office.
We expect to complete the disposal of our £350,000 flat in Cirencester next week. The landlords agents has quoted £360 for Certificate of Compliance, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Cirencester?
Cirencester conveyancing on leasehold apartments normally necessitates fees being invoiced by managing agents :
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Completing pre-contract enquiries
Where consent is required before sale in Cirencester
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I invested in buying a basement flat in Cirencester, conveyancing was carried out half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Cirencester with an extended lease are worth £222,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease ceases on 21st October 2096
You have 71 years unexpired we estimate the premium for your lease extension to range between £9,500 and £11,000 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.
A loan agreement from a mortgage company for the refinancing of my 3 bedroom apartment is to be issued by the end of next week. Can you recommend a cheap remortgage conveyancing solicitor in Cirencester ?
You have come to the wrong place to search for the cheapest conveyancing solicitors in Cirencester. Our intention is to offer cost effective conveyancing but we do not aim to advertise as being the cheapest. Do not be fooled by companies offering low cost conveyancing in Cirencester.At best, in going for cheap conveyancing, you will get what you pay for and at worst you will end up invoiced for extras and still not receive the service required.