I am considering applying for a Aldermore mortgage for purchase of a new build (under development) in Dursley with 70% LTV. Is it compulsory to choose a solicitor on the conveyancing panel for Aldermore ?
In theory, you could use a solicitor that is not on the Aldermore conveyancing panel, but Aldermore would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
If you had a top tip for choosing a conveyancing solicitor in Dursley what would it be?
We would encourage you not to base your choice on the lowest Dursley 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.
When it comes to mortgage companies such as Nottingham, do Dursley lawyers face a fee to be on the conveyancing panel?
We are unaware of any mortgage company fees to be on their list of approved firms, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
My offer on a house in Dursley has been accepted, but there is a chain. The owners have placed an offer on a flat, however it’s not yet agreed to, and have viewings of other apartments in the pipeline. I have selected a high street conveyancing solicitor in Dursley. What should be my next step? At what stage do I apply for the mortgage with UBS?
It is understandable to have apprehensions where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx £1k, then survey, Dursley conveyancing search costs, etc). The first course of action is to ensure that your lawyer is on the UBS conveyancing panel. Concerning the next steps this very much dictated by the specifics of your transaction, attraction to the property and on the state of the market. In a buoyant market the majority of buyers would apply for the mortgage with UBS and arrange for the valuation and only if it comes back ok would they request their conveyancing practitioner to move forward with the conveyancing in Dursley.
I have recentlydiscovered that Action Conveyancing have closed. They conducted my conveyancing in Dursley for a purchase of a freehold house 18 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The easiest method to see if the premises is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Dursley conveyancing specialists.
I am buying a new build apartment in Dursley. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Dursley
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
I need to retain a conveyancing solicitor for remortgage conveyancing in Dursley. I have stumble across a site which seems to have the perfect offering If it is possible to get all formalities completed via phone that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Completion is due on the sale of our £375,000 apartment in Dursley next Friday. The landlords agents has quoted £300 for Certificate of Compliance, building insurance schedule and 3 years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Dursley?
Dursley conveyancing on leasehold maisonettes normally requires the buyer’s lawyer sending questions for the landlord to address. Although the landlord is not legally bound to respond to these enquiries most will be willing to do so. They are entitled to invoice a reasonable charge for responding to enquiries or supplying documentation. There is no set fee. The average fee for the information that you are referring to is over three hundred pounds, in some cases it exceeds £800. The management information fee invoiced by the landlord must be sent together with a summary of rights and obligations in respect of administration fees, without which the charge is technically not due. Reality however dictates that one has little option but to pay whatever is requested of you should you wish to complete the sale of your home.
Dursley Leasehold Conveyancing - A selection of Queries before Purchasing
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How many years are left on the lease? Who takes charge for maintaining and repairing the building?