I am nearing an exchange on a house in Corsham and my mum and dad have transferred the ten percent deposit to my property lawyer. I am now advised that as the deposit has not come from me my conveyancer needs to make a notification to my bank. Apparently, in also acting for the lender he must inform them that the balance of the purchase price is coming from anyone other than me. I informed the bank regarding my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
The conveyancing practitioner is duty bound to check with the bank to make sure that they are aware that the balance of the purchase price is not from your own resources. The solicitor can only disclose this to your mortgage company if you permit them to, failing which, your lawyer must cease to continue acting.
Completed the sale of my flat in Corsham last July but our buyer keeps whats apping me complaining that their conveyancer needs to hear from mine. What are the post completion sale formalities now that I have sold?
Following your house sale your conveyancer should deliver the transfer documentation and all of the paperwork to the buyer’s conveyancer. Depending on the transaction, your solicitor should also send confirmation that the mortgage has been redeemed to the buyers lawyers. There are no post completion steps unique to conveyancing in Corsham.
We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Is the implication that I have to use their panel conveyancer as I would much rather instruct a high street conveyancing solicitor in Corsham?
Do check but the chances are that appoint one of their panel solicitors where you take up the "fee-free" offer. Call the mortgage company to see if they make available a cash alternative. It is not unheard for a lender to give a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor near Corsham.
There are a variety of conveyancing solicitors in Corsham but how do I know who I should use?
We would encourage you not to go for the lowest Corsham conveyancing costs illustration. You really do get what you’re paying 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 go into the conveyancing with your eyes wide open.
We are purchasing a 4 bedroom semi-detached house in Corsham. Our aim is to convert the garage to an office at the property.Will legal conveyancing on the property involve investigations to see if these works are allowed?
Your conveyancer should check the registered title as conveyancing in Corsham will on occasion reveal restrictions in the title documents which prohibit categories of changes or need the permission of another owner. Certain extensions call for local authority planning permissions and approval under the building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these issues with a surveyor prior to committing yourself to a purchase.
How can we tell if a Corsham conveyancing solicitor on the Aldermore panel is any good?
When it comes to conveyancing in Corsham obtaining recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advocate that you speak with the solicitor carrying out your transaction.
My brother has recommend that I use his conveyancers in Corsham. Do I take his advice?
No doubt the ideal way to find a conveyancing practitioner is to seek recommendations from friends or relatives who have actually experience in using the conveyancer that you are are thinking of instructing.
What are your top tips when it comes to appointing a Corsham conveyancing practice to carry out our lease extension conveyancing?
When appointing a conveyancer for lease extension works (regardless if they are a Corsham conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you speak with several firms including non Corsham conveyancing practices before you 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 familiar is the practice with lease extension legislation?
I bought a split level flat in Corsham, conveyancing formalities finalised April 2003. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent properties in Corsham with an extended lease are worth £260,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease expires on 21st October 2099
You have 74 years unexpired we estimate the price of your lease extension to span between £8,600 and £9,800 as well as legals.
The figure above a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.