I am purchasing property in Little Oakley. My property lawyer has never been on on the bank solicitor list. Is it possible for me to appoint my Little Oakley conveyancing solicitor notwithstanding that they are not on the lender panel of approved conveyancing solicitors?
You will need to have a conveyancing practitioner to deal with the formalities when you take out a mortgage to buy your home. The lawyer will conduct all the necessary investigations on the property, ensuring that you’re properly registered as the owner and ensure that all the required mortgage documentation is in order. One may select a Little Oakley lawyer of your choosing. Nevertheless, if the lawyer appointed is not a member of the lender conveyancing panel supplemental costs will arise as separate legal representation will be need by the lender. Conveyancing panel applications can be submitted, so where your solicitor has not historically sought membership they can do so.
I have todayfound out that Wolstenholmes have been shut down. They carried out my conveyancing in Little Oakley for a purchase of a leasehold flat 10 months ago. How can I check that the property is in my name in the name of the former proprietor?
The easiest way to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Little Oakley conveyancing specialists.
How does conveyancing in Little Oakley differ for new build properties?
Most buyers of new build or newly converted property in Little Oakley approach us having been asked by the seller to exchange contracts and commit to the purchase even before the premises is built. This is because house builders in Little Oakley usually purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Little Oakley or who has acted in the same development.
How simple is it to change firm as I need to choose a firm on the Chelsea Building Society conveyancing list. I instructed a high street conveyancing solicitor in Little Oakley five minutes from me but he is not approved by Chelsea Building Society
It would be our pleasure to help you find a conveyancing solicitor in Little Oakley on the Chelsea Building Society panel. Please note that the property lawyers that we list do not pay us commission if you instruct them and are regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Little Oakley. Using the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Little Oakley.
I need to instruct a conveyancing solicitor for remortgage conveyancing in Little Oakley. I've land on a web site which seems to have the perfect answer If it is possible to get all the legals completed via phone that would be preferable. Should I 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?
Last March I purchased a leasehold house in Little Oakley. Am I liable to pay service charges for periods before my ownership?
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 am the registered owner of a ground floor flat in Little Oakley, conveyancing formalities finalised half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Similar flats in Little Oakley with an extended lease are worth £191,000. The average or mid-range amount of ground rent is £55 levied per year. The lease ceases on 21st October 2078
With 53 years remaining on your lease we estimate the price of your lease extension to span between £27,600 and £31,800 plus legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.