I was notified recently by my mortgage broker that my Felixstowe solicitor is not on the mortgage company Conveyancing panel. How can I be sure if this is correct?
The first thing you need to do is to call your Felixstowe lawyer directly. You lawyer should advise you what has happened. Where they are not on the panel they may recommend you to a Felixstowe conveyancing practice that is on the approved list of lawyers for your lender.
Can I use your services to recommend a Conveyancing solicitor in Felixstowe even where I’m not buying or disposing of a house, for instance if I want to acquire an office in Felixstowe with a mortgage from Bank of Scotland?
The service is predominantly used to locate domestic conveyancing solicitors in Felixstowe but we have set out at the bottom of this page some Felixstowe commercial conveyancing firms. You will need to enquire with the company directly to see if they can also act for Bank of Scotland
How do I investigate if the solicitor handling my conveyancing in Felixstowe is on the bank’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Leeds Building Society thus paying £187.00 plus VAT in supplemental conveyancing bill.
You should make use of the search tool on this site. Pick the lender and type ‘Felixstowe’ or your location and you will see a number of lawyer offices in Felixstowe or nearest you.
Various internet forums that I have visited warn that are the number one cause of obstruction in Felixstowe conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not figure within the most frequent causes of hindrances in the conveyancing process. Local searches are not likely to feature in any slowing down conveyancing in Felixstowe.
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what should have been a straight forward, no chain conveyancing. Felixstowe is the location of the property. Can you shed any light on this issue?
Flying freeholds in Felixstowe are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Felixstowe you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Felixstowe may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
If all goes to plan we aim to complete our sale of a £125,000 garden flat in Felixstowe next Tuesday. The management company has quoted £408 for Landlord’s certificate, insurance certificate and previous years service charge statements. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Felixstowe?
Felixstowe conveyancing on leasehold apartments ordinarily necessitates fees being invoiced by management companies :
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Answering pre-contract questions
Where consent is required before sale in Felixstowe
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I own a basement flat in Felixstowe, conveyancing formalities finalised 6 years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Felixstowe with an extended lease are worth £186,000. The ground rent is £55 per annum. The lease ceases on 21st October 2079
With only 53 years remaining on your lease we estimate the price of your lease extension to range between £27,600 and £31,800 plus costs.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.