Having been recommended your service we were going to use a conveyancing solicitor in Nantwich recommended by you but have come across alternative estimates on the internet seem less pricey – why is this?
There are numerous solicitors offering what appear to be cut price. We suggest that you give due consideration about how important this transaction is to you that you are willing to be penny wise pound foolish in relation to the standard of the conveyancing. Many of them accentuate a cheap fee as a headline but bury extra fees in the small print..
There are plenty of conveyancing solicitors in Nantwich but how do I know who's good?
Do not opt for the lowest Nantwich conveyancing fees. You really do get what you pay for when it comes to conveyancing solicitors. 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.
We previously selected conveyancing lawyers located in Nantwich on the Santander solicitor approved list. They are now charging me a further fee for the legal aspects of the Santander mortgage. Is this an additional conveyancing fee set by Santander?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your lawyer may levy a fee for this. The charge is not dictated by Santander but by your Nantwich conveyancer. Plenty of firms on the Santander panel will charge an ‘acting for lender’ fee but many firms incorporate it on their overall fee.
I am currently in the process of buying my council flat in Nantwich. I have a mortgage offer with Virgin Money. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Virgin Money, you will need to appoint a solicitor on the Virgin Money conveyancing panel.
I have been on the look out for a ground for flat up to £235,500 and identified one near me in Nantwich I like with amenity areas and transport links in the vicinity, however it's only got 52 remaining years left on the lease. There is not much else in Nantwich in this price bracket, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you need a home loan the shortness of the lease will likely be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of 2 years you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
I'm remortgaging my existing property to a BTL mortgage with Barnsley Building Society and intend to use the remaining equity as a down payment on another property. The location we are looking at is Nantwich. Will your lawyers be able to act for both sets of mortgage companies and tie in the two deals?
Do use our search tool on this page to check that the conveyancers are on the relevant lender panels. On the basis that they are the conveyancer will be able to connect the two deals but you should talk with you lawyer and specify your expectations and requirements.
What are your top tips when it comes to finding a Nantwich conveyancing practice to deal with our lease extension?
If you are instructing a conveyancer for your lease extension (regardless if they are a Nantwich conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of work. We recommend that you talk with several firms including non Nantwich conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be useful:
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What volume of lease extensions have they completed in Nantwich in the last twenty four months?
Nantwich Leasehold Conveyancing - Examples of Queries Prior to buying
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Who takes charge for maintaining and repairing the block? Plenty Nantwich leasehold properties will have a service bill for the upkeep of the building invoiced on behalf of the management company. If you acquire the property you will have to meet this amount, normally in instalments accross the year. This can vary from two or three hundred pounds to thousands of pounds for buildings with lifts and large common grounds. In all probability there will be a ground rent to be met annual, this is usually not a large sum, say approximately £25-£75 but you need to enquire as occasionally it could be prohibitively expensive. It is important to be aware whether changing the roof or some other major work is pending to be shared by the leaseholders and could well materially impact the level of the maintenance fees or necessitate a specific payment.
My folks cant seem to find their Nantwich land registry title on the website. They have a vague recollection back in the 60’s when they bought the house there were complications with the address not being identified on some systems.
The vast majority of properties in Nantwich should be revealed. Have you attempted a search with simply the postcode. Ordinarily it will identify all the premises within that postcode. Where registered it will show up with a title number. If they bought 48 years ago it's conceivable it may be unrecorded. The property could still be revealed but with the title number shown 'na'. In this scenario you will need to find the original title papers which could be with your parent’s bank.