My partner and I have arranged a further advance on our home loan from Principality as we wish to carry out alterations to our house in Ettington. Do we need to appoint a nearby Ettington solicitor on the Principality conveyancing panel to handle the legals?
Principality do not ordinarily appoint a member of their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Principality list.
We have agreed to purchase a house in Ettington. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Virgin Money be concerned?
As your lender is Virgin Money your lawyer must check the formal requirements outlined in Part two of UK Finance Lenders’ Handbook for Virgin Money. The CML Handbook stipulates minimum requirements for solar panel roof-space leases, and solicitors are required to report to Virgin Money where a lease fails to comply with these provisions. The conditions relate to the installation of panels on properties nationwide and is not isolated to Ettington.
I have decided to exercise my right to buy my property in Ettington off the council. I have a mortgage offer with Nottingham. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Nottingham, you will need to appoint a solicitor on the Nottingham conveyancing panel.
I have justbeen informed that Arc property Solicitors have closed. They carried out my conveyancing in Ettington for a purchase of a freehold house 9 months ago. How can I establish that the property is registered correctly in the name of the former proprietor?
The quickest method to check 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 Ettington conveyancing specialists.
How does conveyancing in Ettington differ for new build properties?
Most buyers of new build residence in Ettington contact us having been asked by the developer to sign contracts and commit to the purchase even before the property is finished. This is because developers in Ettington usually purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Ettington or who has acted in the same development.
How can the Landlord & Tenant Act 1954 impact my business property in Ettington and how can your lawyers assist?
The particular law that you refer to affords protection to commercial tenants, granting the dueness to make a request to court for a continuation of occupancy at the end of an expired lease. There are limited grounds that a landlord can refrain from granting a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Ettington is one of our numerous areas of the UK in which the firms we work with are located
My husband and I are novice buyers - agreed a price, but the estate agent told us that the vendor will only proceed if we use their preferred lawyers as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a high street solicitor with experience of conveyancing in Ettington
We suspect that the owner is unaware of this demand. Should the vendor want ‘a quick sale', turning down a serious buyer is not the way to achieve this. Bypass the agents and go straight to the sellers and explain that (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you are going to use your preferred Ettington conveyancing firm - rather thanthe ones that will give their estate agent a introducer fee or achieve conveyancing targets pre-set by HQ.
I am attracted to a couple of flats in Ettington which have approximately fifty years unexpired on the lease term. Do I need to be concerned?
A lease is a right to use the premises for a period of time. As the lease gets shorter the saleability of the lease decreases and it becomes more costly to extend the lease. For this reason it is advisable to increase the term of the lease. Sometimes it is difficulties arise selling premises with a short lease as mortgage companies may be reluctant to lend money on such properties. Lease extension can be a protracted process. We recommend you get professional help from a conveyancer and surveyor with experience in this field.
Ettington Leasehold Conveyancing - Examples of Queries before buying
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For many Ettington leaseholds the cost for major works are not wrapped into the service charges, albeit that some managing agents in Ettington obliged leaseholders to contribute towards a sinking fund and this is used to offset against larger repairs or maintenance. You should want to discover as much as possible regarding the managing agents as they will affect your use and enjoyment of the property. Being a leasehold owner you are frequently at the mercy of the managing agents from a financial perspective and when it comes to daily matters like the tidiness of the communal areas. Don't be afraid to ask other tenants what they think of them. On a final note, be sure you understand the dates that the maintenance fees are due to the appropriate party and precisely what it includes. Is anyone aware of any major works anticipated that will increase the maintenance charges?