Having been recommended your site we were about to appoint conveyancing solicitor in Feltwell found using your search tool but stumbled across some other estimates on the internet look cheaper – why is this?
There are lots of conveyancing companies marketing what appear to be very low prices. We suggest that you give due consideration about how much you respect your own move to want to be penny wise pound foolish in relation to the quality of the conveyancing. Some embed additional charges deep into the terms of business. The solicitors that we list for conveyancing in Feltwell neverbehave this way.
What is the first thing I need to know regarding purchase conveyancing in Feltwell?
You may not hear this from too many lawyers but conveyancing in Feltwell and elsewhere in Norfolk is often a confrontational experience. In other words, when it comes to conveyancing there is an abundance of room for confrontation between you and others involved in the transaction. For instance, the vendor, estate agent and sometimes the lender. Choosing a law firm for your conveyancing in Feltwell an important selection as your conveyancer is your adviser, and is the ONLY person in the legal process whose interest is to act in your best interests and to protect you.
Sometimes a potential adversary may try and persuade you that you should follow their advice. For instance, the property agent may claim to be assisting by claiming that your lawyer is wrong. Or your mortgage broker may tell you to do take action that is against your lawyers advice. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
We expect to receive a DIP from UBS this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do UBS recommend any Feltwell solicitors on the UBS conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Feltwell solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
The formalities of my purchase has taken place for my property in Feltwell. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How does one go about formally complaining?
Almost all banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Department at head office. In most cases complaints to a lender are resolved very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR who will take matters further.
Virgin Money have agreed my home loan in principle, my bid on a flat in Feltwell has been accepted, what happens next?
Your property agent will want to know who your solicitors are (ensure that the lawyers are on the bank’s panel). Telephone Virgin Money or your broker and complete any outstanding paperwork. Virgin Money will appoint a valuer who will get in contact with the estate agent or vendor to book a time for the valuation to occur. Once conducted (assuming no problems) it takes on average a week for the mortgage offer to be issued. Virgin Money will issue the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Feltwell.
What does commercial conveyancing in Feltwell cover?
Commercial conveyancing in Feltwell incorporates a wide range of guidance, offered by qualified solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
We are a couple of weeks into a leasehold purchase having been referred to a firm by the selling agent to perform conveyancing in Feltwell. We are not happy. Could you help me find new solicitors?
They would need to be very bad in order to consider replacing them. Has the mortgage been sent? If so you will need to inform them of the new contact details and ensure the offer are re-sent. Your new conveyancer should be on the mortgage company approved list to avoid added fees and frustration. That should be your first question of the new conveyancers. Our find a solicitor tool can help you find a bank approved conveyancer for your home move in Feltwell
I only have Sixty One years left on my flat in Feltwell. I am keen to extend my lease but my freeholder is absent. What should I do?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. However, you will be required to demonstrate that you have made all reasonable attempts to find the freeholder. On the whole an enquiry agent would be useful to try and locate and prepare an expert document which can be accepted by the court as proof that the landlord can not be located. It is wise to seek advice from a property lawyer both on investigating the landlord’s disappearance and the application to the County Court overseeing Feltwell.
I inherited a 2 bed flat in Feltwell, conveyancing having been completed in 2009. Can you work out an approximate cost of a lease extension? Comparable properties in Feltwell with over 90 years remaining are worth £201,000. The ground rent is £45 yearly. The lease expires on 21st October 2090
With only 65 years unexpired we estimate the price of your lease extension to span between £13,300 and £15,400 plus professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of comprehensive investigations. 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 considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.