My wife and I are buying a property in Nantwich. I might seem paranoid but how we can trust a conveyancer? At some point we have to send money into their account. What protection do we have from them run away with our money?
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.
I am planning to move home in August. Does my conveyancing solicitor communicate with the removal company on the day of completion. Incidentally, can you suggest a removal company in Nantwich. Conveyancing lawyer was found prior to coming across your website.
On the day of completion you will need to collect the house keys from the estate agent however this can only happen after the previous owners lawyers confirm to the agent that they have the completion monies and the keys can be collected. Subsequently you can inform the removal men that you are ready to move in. As a matter of policy we do not recommend a particular removal organisation but can assist you in finding a residential property solicitor in Nantwich or a lawyer with expertise in conveyancing in Nantwich.
We have agreed to purchase a house in Nantwich. One unusual aspect is that the roof has a solar panel. Nationwide have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As you are obtaining a mortgage with Nationwide your lawyer must comply with the conveyancing requirements set out in Section 2 of UK Finance Lenders’ Handbook for Nationwide. The CML Handbook contains minimum requirements for solar panel roof-space leases, and lawyers are required to report to Nationwide where a lease fails to comply with these conditions. The conditions relate to the installation of panels on properties nationwide and is not restricted to Nantwich.
I note that there are debates on Chancel Insurance on online forums. Do I need this when buying a house in Nantwich? or Apparently there is historic law that means some homeowners residing in a parish church boundary will be compelled to contribute towards maintenance to the chancel in proximity to the church. Is this a legitimate concern for conveyancing in Nantwich?
Unless a previous acquisition of the house completed post 12 October 2013 you can expect lawyers carrying out conveyancing in Nantwich to remain recommending a chancel search and or insurance against a claim.
3 months have gone by following my purchase conveyancing in Nantwich took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Am I right to be wary about brokers that I am dealing with are suggesting a factory type conveyancing firm rather than a local Nantwich conveyancing practice?
As is the case with lots of service providers, often referrals from family and friends can be extremely useful or valuable. But there are many players in a conveyancing matter; estate agents, mortgage brokers and mortgage companies might all suggest conveyancers to appoint. On occasion these solicitors might be known to one of the organisations as one of the best in their field, but occasionally there is an underlying commercial relationship behind the endorsement. You are free to appoint your preferred lawyer. Don't forget that the majority of banks specify a panel list of lawyers you must use for the mortgage aspect of your conveyancing.
As co-executor for the estate of my grandfather I am selling a property in Swansea but live in Nantwich. My solicitor (based 300 miles from meneeds me to execute a statutory declaration ahead of completion. Could you suggest a conveyancing lawyer in Nantwich to witness and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will do regardless of whether they are Nantwich based
I am attracted to a couple of maisonettes in Nantwich which have approximately 50 years unexpired on the lease term. should I be concerned?
There are plenty of short leases in Nantwich. The lease is a legal document that entitles you to use the property for a period of time. As the lease shortens the value of the lease deteriorates and it becomes more costly to extend the lease. For this reason it is often a good idea to increase the term of the lease. More often than not it is difficult to sell a property with a short lease because mortgage lenders less inclined to grant a loan on such properties. Lease extension can be a difficult process. We advise that you seek professional assistance from a solicitor and surveyor with experience in this field.
I bought a ground floor flat in Nantwich, conveyancing having been completed September 2012. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Nantwich with an extended lease are worth £202,000. The ground rent is £55 levied per year. The lease ends on 21st October 2082
With just 56 years left to run we estimate the premium for your lease extension to range between £29,500 and £34,000 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.