My previous lawyer has sent a quote for £1400 for no sale no fee conveyancing in Highworth. I am selling a modern detached home for £250,000. This seems too much. Is it in excess of what I should be paying for conveyancing in Highworth?
The charges are a tad high. Where you are willing to expend time scrutinising charges you may be able to decrease the fees slightly by as much as a hundred pounds. On the other hand, you mightlive to rue opting for an an untested conveyancer. If is important to ensure that the firm can represent your mortgage company. Do employ our comparison tool to locate a Highworth conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Highworth.
My brother and I have just bought a property in Highworth. We have since encountered a number of problems with the property which we believe were missed in the conveyancing searches. Do we have any recourse? Can you clarify the nature of searches that needed to have been ordered as part of conveyancing in Highworth?
It is not clear from the question as what problems have arisen and if they are relate to conveyancing in Highworth. Conveyancing searches and investigations initiated during the buying process are designed to help avoid problems. As part of the legal transfer of property, a property owner answers a document referred to as a Seller’s Property Information Form. If the information provided is misleading, then you may have a claim against the seller for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Highworth.
Completed the sale of my flat in Highworth last March yet the purchaser is Skype messaging every few hours complaining that her solicitor needs to hear from mine. What are the post completion sale formalities following completion?
Post completion of your sale your lawyer is duty bound to send the transfer deeds and all of the paperwork to the purchaser's solicitors. If applicable, your solicitor should also confirm that the mortgage has been paid off to the purchasers conveyancers. There are no post completion formalities peculiar conveyancing in Highworth.
My bid for a property was accepted at auction in Highworth. Conveyancing is needed. What is next?
Having legally bound yourself to purchase you must choose a conveyancing practitioner soon as you will have a pending deadline in which to complete the conveyancing. An auction property will ordinarily have a corresponding legal pack. This should include the copy title deeds, local authority and drainage searches. In the case of leasehold premises the auction pack should contain a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork relating to leasehold premises. You must hand this to your appointed conveyancing solicitor as soon as possible. You also need to ensure that your finances are organised to complete on the on the contractual date .
The formalities of my remortgage has taken place for my property in Highworth. Conveyancing was of an acceptable standard but I would like to complain about the lender. How do I make a complaint?
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 Services Team at head office. In most cases complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
Santander have agreed my mortgage in principle, my bid on a flat in Highworth has been agreed to, what happens next?
Your property agent will want to be advised as to your property lawyer's details (make sure the property lawyers are on the bank’s panel). Telephone Santander or your broker and finalise any relevant documentation. Santander will sellect a valuer who will get in touch with the selling agent or owners to schedule a time for the valuation to happen. Once conducted (assuming no problems) it takes about a week to receive the mortgage offer. Santander will issue the offer to you and your property lawyers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Highworth.
My wife and I own a terraced Victorian property in Highworth. Conveyancing practitioner acted for me and Skipton Building Society. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, the second leasehold with the exact same property. I thought I was buying a freehold how can I check?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Highworth and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with your conveyancing practitioner who completed the work.
Over the last few months I have been searching for a flat up to £235,500 and found one near me in Highworth I like with a park and railway links nearby, the downside is that it's only got 52 years on the lease. There is not much else in Highworth in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?
If you require a home loan that many years will be an issue. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.