I was told yesterday by my financial adviser that my Kimberley solicitor is not on the mortgage company Solicitor panel. What can I do to be certain if this is indeed the case?
Your first step should be to call your Kimberley lawyer directly. It is reasonable to expect your lawyer to advise you of the situation. If they are not on the panel they could put your in touch with solicitors on the approved list of lawyers for your lender.
We see that you have a post code search directory listing firms on the Bank of Ireland conveyancing panel. Do firms pay you a commission if I retain them for our conveyancing in Kimberley?
We are a listing service only for law firms wishing to communicate if they are on the Bank of Ireland conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Kimberley.
three months have gone by since my purchase conveyancing in Kimberley completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I have been pointed in your direction by a number of selling agents in Kimberley to select a property lawyer using your seach tool. What’s the financial inducement for Estate Agents to recommend your site ahead of alternative conveyancing organisations?
We refuse to offer any referral fee for directing people our way. We thought it would be too underhand to pay a commission because members of the public would think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
I wish to sublet my leasehold flat in Kimberley. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for permission?
Notwithstanding that your previous Kimberley conveyancing lawyer is no longer around you can review your lease to check if it allows you to sublet the property. The rule is that if the deeds are non-specific, subletting is permitted. Quite often there is a prerequisite that you are obliged to seek consent from your landlord or some other party before subletting. The net result is you not allowed to sublet in the absence of prior permission. The consent must not not be unreasonably turned down. If the lease does not allow you to sublet you will need to ask your landlord for their consent.
I inherited a leasehold flat in Kimberley, conveyancing was carried out 10 years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Kimberley with a long lease are worth £185,000. The ground rent is £65 charged once a year. The lease comes to an end on 21st October 2086
You have 60 years remaining on your lease we estimate the price of your lease extension to span between £20,000 and £23,000 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.
How easy is it to change a solicitor as I need to find a Kimberley based firm who is on the mortgage company conveyancing panel. How simple is it to change conveyancer?
In the event that you have not formally appointed a conveyancer to commence the conveyancing and have just received quotes, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Kimberley that you're considering.