What is the difference between a licensed conveyancer and conveyancing solicitor in Much Wenlock
There are two types of lawyers who can carry out conveyancing in Much Wenlock namely CLC regulated conveyancers or solicitors. The two can administer the legal services that you need to complete the disposal or acquisition of property. They are both required to perform Much Wenlock conveyancing to the same quality and guidelines so you may be safe in the knowledge that your conveyancing will be professionally administered and that the necessary procedures will be appropriately adhered to.
I have today made my last payment due on my mortgage with Skipton. I assume I don't need a Much Wenlock property lawyer on the Skipton panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Skipton mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Skipton mortgage from the register. Skipton, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Skipton has sent the Land Registry the discharge electronically, and
- Skipton has instructed the Land Registry to do so
I am due to exchange contracts on my apartment. I had a double glazing fitted in March 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Nottingham are being difficult. The Much Wenlock solicitor who is on the Nottingham conveyancing panel is saying indemnity insurance will be fine but Nottingham are requiring a building regulation certificate. Why do Nottingham have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nottingham have referred the matter to their valuer. The reason why Nottingham may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
What can a local search tell me concerning the house I am purchasing in Much Wenlock?
Much Wenlock conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search organisations for instance Searchflow The local search plays an important part in most Much Wenlock conveyancing purchase; as long as you don’t want any nasty once you have moved into your new home. The search will reveal data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic headings.
Despite weeks of looking the Title Certificate and documents to my house are lost. The conveyancers who dealt with the conveyancing in Much Wenlock 4 years ago are no longer around. What are my next steps?
Gone are the days when you need to hold title official documentation to evidence that you own the land or property, given that the Land Registry hold details of all registered land or property electronically.
Is there anything unique about your site and other web based conveyancing solicitors for conveyancing in Much Wenlock?
At this site obtain a conveyancing costs illustration via a Solicitor or Licensed Conveyancer that has a full understanding of the issues for your conveyancing in Much Wenlock. As opposed to estate agents and many comparison sites we do not operate commission arrangements with solicitors. Some agents and online brokers 'recommend' the firm who pay the highest per referral, rather than the best value conveyancing in Much Wenlock
Last February I purchased a leasehold flat in Much Wenlock. Am I liable to pay service charges for periods before completion of my purchase?
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. It is an essential part of leasehold conveyancing for your conveyancer to be sure 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 inherited a studio flat in Much Wenlock, conveyancing having been completed in 1998. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Much Wenlock with a long lease are worth £211,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease ceases on 21st October 2092
With 67 years unexpired we estimate the price of your lease extension to range between £10,500 and £12,000 plus professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. Do not use this information in tribunal or court proceedings. There may be other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.
I pay a maintenance contribution for my ground floor flat in Much Wenlock. As a result of poor financial planning I slipped behind with remittance. The freeholders agreed a clearance schedule but there remains around £2000 outstanding at the current time.
I am under pressure to dispose of the property and I am worried this could jeopardize the sale if I have to settle the amount due first. Do I have to settle before - is this practicable?
You should check with the conveyancer conducting your Much Wenlock conveyancing but one option could be to arrange for the debt to be transferred to the purchasers. The sale price due would be reduced to reflect the amount of debt they assume. They could then pay the outstanding monies following completion of the sale.