I am refinancing my flat in East Boldon, does my lawyer have to be on the Yorkshire BS Solicitor panel?
In theory, you could use a solicitor that is not on the Yorkshire BS conveyancing panel, but Yorkshire BS 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.
I used Action Conveyancing several years ago for my conveyancing in East Boldon. I now require my file but cannot find the solicitor. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in East Boldon of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to the guidance of my in-laws I had a survey completed on a house in East Boldon ahead of instructing conveyancers. I have been advised that there is a flying freehold element to the house. Our surveyor advised that some banks may not issue a loan on this type of house.
It depends who your proposed lender is. Bank of Scotland has different instructions for example to Nationwide. If you contact us we can check with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in East Boldon. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in East Boldon to see if the conveyancing costs will increase in light of this.
My husband and I are a couple of weeks into a residential purchase having been directed to solicitors by the selling agent to do our conveyancing in East Boldon. I am am starting to be dissatisfied with the quality of service. Can you help me find new solicitors?
They would have to be very poor in order to consider changing them. Has the mortgage been generated? If so you need to inform them of the replacement lawyer and ensure the mortgage documents are re-issued. Your new conveyancer should be on the lenders approved list to avoid escalating fees and complications. So that should be your starting point. The search tool should help you find a lender approved conveyancer for your conveyancing in East Boldon
I've recently bought a leasehold house in East Boldon. Am I liable to pay service charges relating to a period prior to completion of my purchase?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I invested in buying a studio flat in East Boldon, conveyancing having been completed in 2004. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in East Boldon with over 90 years remaining are worth £185,000. The ground rent is £65 invoiced every year. The lease runs out on 21st October 2084
With only 59 years unexpired the likely cost is going to span between £20,900 and £24,200 as well as professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do 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 you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.
How much will conveyancing in East Boldon cost?
The total sum levied for conveyancing in East Boldon may vary considerably from lawyer to lawyer. This makes it all the more important that you find this out when you first instruct a conveyancer. One should always seek three or four quotes.