I am purchasing a property mortgage free in Easthampstead. I have been residing for the last 20 years in Easthampstead. Conveyancing searches are exorbitant. Given that I have knowledge of the area and road intimately must I have all the conveyancing searches?
Provided that you do not need a home loan, then the vast majority of the Easthampstead conveyancing searches are at your discretion. Your solicitor will try and steer you, no-doubt strongly, that you should have searches carried out, but she has a professional duty to take that path of advice. One thing to bear in mind; if you are intend to dispose of the house at a future date, it may be of importance to your future buyer what the searches reveal. Sometimes premises with no practical issues can still show up unfavourable search results. A good conveyancing solicitor in Easthampstead should be able to give you some practical advice here.
I am purchasing a terraced house in Easthampstead. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Easthampstead you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Easthampstead.
I am planning to move property in May. Will my conveyancing solicitor communicate with the removal company on the completion day. On a separate note, can you put forward a removal company in Easthampstead. Conveyancing firm was chosen prior to coming across your website.
On the day of completion you will need to pick up the keys from the selling agent however this can only happen once the previous owners lawyers advise the agent that they acknowledge receipt of the completion payment and the keys can be collected. After that you should advise the removal company that you are ready to move in. As a matter of policy we do not suggest a particular removal company but can help you locate a conveyancing in Easthampstead or a firm with expertise in conveyancing in Easthampstead.
Is it the case that all Easthampstead solicitor practices on the RBS conveyancing panel are overseen by the SRA?
As solicitors, in order to be on the RBS approved list of solicitors they would need to be overseen by the SRA. The majority of banks do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers.
Our sealed bid on a semi in Easthampstead has been accepted, but there is a chain. The sellers have offered on a flat, but it’s not been accepted yet, and are looking at other apartments booked. I have chosen a high street conveyancing solicitor in Easthampstead. What do I do now? At what stage should I apply for the mortgage with Clydesdale?
It is normal to have concerns where there is a chain as you are unlikely to want to incur costs prematurely (home loan application is in the region of £1k, then survey, Easthampstead conveyancing search costs, etc). First, you must ensure that your conveyancer is on the Clydesdale approved list. Regarding the next steps this very much dictated by the circumstances of your case, desire for this property and on the state of the market. In a hot market the majority of buyers will apply for a home loan with Clydesdale and pay for the valuation and only if it comes back ok would they request their solicitor to move forward with the conveyancing in Easthampstead.
I used Action Conveyancing several years ago for my conveyancing in Easthampstead. Now, I need my files however the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate 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 Easthampstead 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.
I work for a long established estate agent office in Easthampstead where we have experienced a few leasehold sales jeopardised due to short leases. I have been given contradictory information from local Easthampstead conveyancing solicitors. Please can you shed some light as to whether the owner of a flat can commence the lease extension formalities for the purchaser on completion of the sale?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or at the same time as completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I invested in buying a split level flat in Easthampstead, conveyancing was carried out June 2005. Can you work out an approximate cost of a lease extension? Comparable properties in Easthampstead with over 90 years remaining are worth £265,000. The average or mid-range amount of ground rent is £50 levied per year. The lease runs out on 21st October 2100
With just 75 years left to run the likely cost is going to span between £8,600 and £9,800 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the bank conveyancing panel. My lawyer has said that they are on the lender approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the mortgage company conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the bank solicitor panel.