It may have been a long time coming a loan offer from NatWest for the remortgage of my single bedroom garden flat is expected imminently. Can you recommend a low cost conveyancing law firm in Cricklade?
This site is not designed to aid those in pursuit of the lowest fares for conveyancing in Cricklade. Our intention is to offer excellent value conveyancing but our intention is not to work with the cheapest lawyers. Do not be seduced by organisations offering the bait of £100 conveyancing in Cricklade. The optimum outcome, in choosing a lawyer for cheap conveyancing, you will get your money’s worth and at worst you will end up invoiced for extras and still not end up with the service you were hoping for.
Forgive me if this question is silly but I am unseasoned as FTB of a two bedroom flat in Cricklade. Do I pick up the keys to the house on the completion date from my conveyancer? If so, I will appoint a local conveyancing solicitor in Cricklade?
On the day of completion you will not be required to go to the conveyancers office in Cricklade. Your solicitors will arrange to send the purchase money to the owner’s solicitors, and shortly after the monies have arrived, you will be called to collect the keys from the selling Agents and move into your new home. Usually this occurs between 1 and 3pm.
Planning on purchasing a maisonette in Cricklade. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Kent Reliance conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Cricklade lawyer is on the Kent Reliance conveyancing panel.
Having read lots of house buying guides, I note that it is considered advisable to get your house surveyed prior to buying it. When I asked my local Cricklade solicitor - who is on the RBS conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. Is that normal?
RBS will need an independent valuation of the property. Your lawyer will not arrange this. Usually RBS 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. You may wish to consider appointing your own Cricklade surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
We are downsizing from our house in Cricklade and the buyers lawyers are claiming that there is a risk of it being constructed land that was not decontaminated. A high street Cricklade conveyancer would know this is not the case. For the life of me I don't know why the buyers are using an online conveyancing firm rather than a conveyancing solicitor in Cricklade. We have lived in Cricklade for three years we know of no issue. Should we contact our local Authority to seek confirmation need.
It would appear that you have a conveyancing solicitor 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 life insurance to cover that same illness)
I am looking for a ground for flat up to £195,000 and identified one close by in Cricklade I like with amenity areas and transport links nearby, however it only has 52 remaining years left on the lease. I can't really find anything else in Cricklade in this price bracket, so just wondered if I would be making a grave error buying a short lease?
Should you need a mortgage the remaining unexpired lease term will be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.
I'm refinancing my existing home to a BTL loan with The Mortgage Works and I will use the ballance of the raised equity as a down payment on another house. The location we are looking at is Cricklade. Will your solicitors be able to act for the two lenders and link together the conveyances?
Do use our search tool on this page to check that the lawyers are approved by both mortgage companies. On the basis that they are your lawyer should be able to simultaneously deal with the two deals but you should have a chat with you lawyer and specify your desired outcome and requirements.
Back In 2009, I bought a leasehold house in Cricklade. Conveyancing and Barclays mortgage went though with no issue. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1997. The conveyancing solicitor in Cricklade who previously acted has long since retired. Any advice?
The first thing you should do is contact the Land Registry to make sure that the individual claiming to own the freehold is in fact the new freeholder. It is not necessary to instruct a Cricklade conveyancing lawyer to do this as it can be done on-line for a few pound. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I own a studio flat in Cricklade, conveyancing formalities finalised 8 years ago. Can you work out an approximate cost of a lease extension? Equivalent flats in Cricklade with a long lease are worth £185,000. The ground rent is £65 yearly. The lease terminates on 21st October 2085
With 61 years unexpired the likely cost is going to range between £18,100 and £20,800 plus professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.