Would the conveyancing solicitors via your comparison service conduct conveyancing in Gotham by way of an attended exchange?
We do have a number of conveyancing experts who can conduct one day exchanges. You should call us to secure a conveyancing quote and details as to dates.
We're in Gotham, FTBs buying with a mortgage (lender is Barclays , and our lawyer is on the Barclays conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Barclays conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
We are due to move house in March. Should my conveyancing solicitor liaise with the removal company on the completion day. As an aside, can you suggest a removal company in Gotham. Conveyancing firm was organised prior to coming across your page.
On the afternoon of completion you can pick up the house keys from your selling agent however this should only be done when the sellers conveyancers advise the agent that they acknowledge receipt of the completion payment and the keys can be released. After that you should advise the removal men that they can start moving you in. We do not recommend a particular removal company but can assist you in locating a conveyancing in Gotham or a legal practice with expertise in conveyancing in Gotham.
I am purchasing a property in Gotham. One unusual aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Bank of Ireland be concerned?
As you are obtaining a mortgage with Bank of Ireland your lawyer must follow the conveyancing requirements set out in Part two of UK Finance Lenders’ Handbook for Bank of Ireland. The CML Handbook sets out minimum requirements for solar panel roof-space leases, and solicitors are required to report to Bank of Ireland where a lease does not comply with these provisions. The provisions relate to the installation of panels on properties nationwide and is not restricted to Gotham.
I recently had an offer agreed on an apartment in Gotham. My mortgage broker pressured me to appoint their lawyer. I paid an upfront payment of £150. Shortly after, the conveyancer contacted me sheepishly admitting that they were not on the TSB conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the TSB panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
I bought my flat on 9 July and my personal details is not yet registered. Need I be worried? My conveyancing solicitor in Gotham expressed confidence that it will be dealt with in less than a month. Are properties in Gotham particularly slow to register?
As far as conveyancing in Gotham registration is no faster or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can vary depending on the party submitting the application, whether there are errors and if the Land registry communicate with any 3rd parties. At present approximately three quarters of such applications are fully dealt with in less than three weeks but some can be subject to protracted hold-ups. Registration takes place after the buyer is living at the premises thus 'speed' is not usually an essential issue but where there is a degree of urgency associated with the registration then you or your lawyers could contact the land registry and explain the circumstances.
I have been on the look out for a ground for flat up to £195,000 and identified one round the corner in Gotham I like with amenity areas and transport links nearby, the downside is that it's only got 52 years unexpired on the lease. I can't really find anything else in Gotham in this price bracket, so just wondered if I would be making a grave error buying a short lease?
Should you need a mortgage that many years will likely be problematic. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least 2 years you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.
Can you offer any advice when it comes to appointing a Gotham conveyancing practice to deal with our lease extension?
When appointing a conveyancer for your lease extension (regardless if they are a Gotham conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of work. We advise that you speak with two or three firms including non Gotham conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be helpful:
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Can they put you in touch with clients in Gotham who can give a testimonial? What are the legal fees for lease extension work?
I purchased a 1 bedroom flat in Gotham, conveyancing formalities finalised 5 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Gotham with over 90 years remaining are worth £211,000. The ground rent is £45 per annum. The lease ends on 21st October 2093
With 67 years left to run we estimate the price of your lease extension to be between £10,500 and £12,000 as well as professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information before seeking the advice of a professional.