My brother-in-law has suggested I instruct a conveyancing solicitor in Lichfield. I need to find out whether they are accepted on the Santander conveyancing panel. Can you assist?
You should e-mail your solicitor and enquire if they can act for the lender. Alternatively you should call Santander who may be able to help.
Me and my partner are purchasing a apartment in Lichfield. I might seem paranoid but how we can trust a conveyancer? At some point we have to put money into their account. What protection do we have from them run away with our deposit?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
What is your number one tip for choosing a conveyancing solicitor in Lichfield
We would encourage you not to base your choice on the lowest Lichfield conveyancing costs illustration. You really do get what you’re paying for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
Is it the case that all Lichfield conveyancing solicitors on the Co-operative conveyancing panel are regulated by the SRA?
As solicitors, in order to be on the Co-operative approved list of solicitors they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do list licenced conveyancers on their panel in which case such firms would be governed by the CLC.
The deeds to my property can not be found. The solicitors who dealt with the conveyancing in Lichfield 4 years ago have long since closed. What are my next steps?
Gone are the days when you need to hold title deeds to prove you are the owner of your registered land or premises, given that the Land Registry hold details of all registered land or property electronically.
I need to instruct a conveyancing solicitor for remortgage conveyancing in Lichfield. I have stumble upon a site which seems to have the ideal offering If it is possible to get all this stuff done via email that would be ideal. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am tempted by the attractive purchase price for a couple of flats in Lichfield both have approximately fifty years remaining on the leases. Will this present a problem?
There is no doubt about it. A leasehold flat in Lichfield is a wasting asset as a result of the reducing lease term. The nearer the lease gets to its expiry date, the more it adversely affects the salability of the premises. For most buyers and lenders, leases with less than eighty years become less and less marketable. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the property for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of a residence with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Lichfield conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. A more straightforward and quicker method of extending would be to contact your landlord directly and sound him out on the prospect of extending the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that any new terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.
Lichfield Conveyancing for Leasehold Flats - Sample of Questions you should ask before buying
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How much is the ground rent and service charge? Its a good idea to discover as much as possible regarding the managing agents as they will affect your use and enjoyment of the property. Being a leasehold owner you will be at the mercy of the managing agents from a financial perspective and when it comes to every day issues such as the cleanliness of the communal areas. Ask prospective neighbours what they think of them. Finally, be sure you understand the dates that the maintenance charges are due to the managing agents and precisely what you get for your money. Are there any major works in the planning that will add a premium to the service costs?
Me and my husband have just had an offer agreed on a house and had an appointment on Wednesday with the Post Office for the mortgage. They warned us that when it comes to selecting a lawyer that if they are not on their approved panel of conveyancers then we will be subject to an an additional fee of £250+. This is is due to the fact that they would then have to appoint a conveyancer to act on their behalf as well as the one we choose to act for ourselves and we will be on the hook for their fees. I have requested the Post Office to send me with a list so I can seek quotes only from their approved solicitors but was told that I need to check with each individual solicitor to see if they are on the panel. Is their an easier way of going about this?
Ask the Post Office what their criteria for joining their panel is for a solicitor.Thereafter ask the conveyancing practitioner of your choice whether they fit that criteria and have they acted on loans for the Post Office before. If the answer to those is yes, then just double check with the Post Office. Alternatively please make use of our search tool and we should be able to identify a solicitor in Lichfield on the panel for the Post Office.