My wife and I are due to complete on the purchase of a property in Kinver but as a result of damage from the recent storms I have managed to agree recompense from the owner of three thousand pounds by way of a reduction in the price. This was going to be dealt with as part of a side agreement however Nationwide are not allowing this. Should they have been involved?
Any conveyancing practitioner that is on a Nationwide approved list is required to disclose to Nationwide of any amendments to the sale price. If you were to refuse your solicitor to notify the price change to Nationwide then they would have to discontinue acting for you. In addition, Nationwide and you would have to appoint a new lawyer for your conveyancing in Kinver.
Can you point me to a directory of TSB panel solicitors in Kinver on the Building Society Association’s Website?
No. There is no such directory service on the CML or Building Society Association websites. Very few lenders make their panel listings visible online. Where you are in need of a Kinver lawyer on the TSB please make the most of our tool.
We previously instructed conveyancing lawyers locally in Kinver on the Leeds Building Society solicitor approved list. They have just invoiced me a further amount for handling the Leeds Building Society mortgage. Is this an additional conveyancing fee specified by Leeds Building Society?
As unfair as it may seem, as long as it’s in their Terms of Engagement or Quote then yes your lawyer is entitled to levy a fee for this. The fee is not set by Leeds Building Society but by your Kinver property lawyer. Some firms on the Leeds Building Society panel will levy ’dealing with mortgage’ fee but some practices incorporate it on their overall fee.
Can I be sure that the Kinver conveyancing solicitor on the Yorkshire BS panel is any good?
When it comes to conveyancing in Kinver getting recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always advocate that you speak with the lawyer carrying out your conveyancing.
I've recently found out that there is a flying freehold element on a property I put an offer in two weeks back in what was supposed to be a straight forward, no chain conveyancing. Kinver is where the house is located. What do you suggest?
Flying freeholds in Kinver are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Kinver you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Kinver may determine 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.
I am looking to sell my house. My past lawyers has retired. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Kinver if that makes a difference.
Please use our search tool to help you find a solicitor for your conveyancing in Kinver. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
I am looking for a conveyancing solicitor in Kinver for my purchase. Is it possible to check a solicitor's record with the legal regulator?
One may read published Solicitor Regulator Association (SRA) decisions stemming from investigations commenced on or after Jan 2008. Go to Check a solicitor's record. To find records Pre 2008, or to check a firm's history, call 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, use +44 (0)121 329 6800. The regulator sometimes monitor call for training requirements.
I've recently bought a leasehold flat in Kinver. Am I liable to pay service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I invested in buying a studio flat in Kinver, conveyancing formalities finalised 10 years ago. How much will my lease extension cost? Similar flats in Kinver with a long lease are worth £190,000. The ground rent is £45 yearly. The lease terminates on 21st October 2088
With only 62 years remaining on your lease the likely cost is going to range between £17,100 and £19,800 plus plus your own and the landlord's "reasonable" professional fees.
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 this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first getting professional advice.