Just contacted my conveyancing solicitor in Newbury Park who acted for me two years ago and wanted a conveyancing costs illustration based on the same type of house move (a leasehold premises and a freehold premises) of similar values with a mortgage from Aldermore. It looks as though am now being quoted double. Better the devil I know or should I try and find an alternative property lawyer?
The estimate does seem a little overpriced. Where you are prepared to expend time comparing quotes you might get the conveyancing a bit cheaper by perhaps £125. That being said, providing that you were content with the assistance the firm provided you maylive to regret choosing an an untested solicitor. Remember to enquire that the firm can also act for Aldermore. Do utilise our search tool to locate a Newbury Park conveyancing firm on the Aldermore conveyancing panel, which can often include conveyancing solicitors in Newbury Park.
Do the conveyancing lawyers listed on your site conduct conveyancing in Newbury Park by way of an attended exchange?
There are a few conveyancing experts carrying out attended exchanges. Please e-mail us to secure a costs illustration and details as to dates.
Do I choose a Licenced Conveyancer or Solicitor for conveyancing in Newbury Park?
Two types of professional can carry out conveyancing in Newbury Park namely licenced conveyancers or solicitors. Both professionals handle the legal services that required to complete the disposal or purchase of property. They are both required to handle Newbury Park conveyancing on similar standards and guidelines so you can be safe in the knowledge that your conveyancing will be properly carried out and that all necessary procedures will be suitably taken.
I have paid off my mortgage with Clydesdale. I assume I don't need a Newbury Park conveyancing practitioner on the Clydesdale panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Clydesdale 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 Clydesdale mortgage from the register. Clydesdale, 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 Clydesdale has sent the Land Registry the discharge electronically, and
- Clydesdale has instructed the Land Registry to do so
I am currently in the process of buying my council flat in Newbury Park. I have a mortgage agreed with Nationwide. 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 have 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 Nationwide, you will need to appoint a solicitor on the Nationwide conveyancing panel.
Are there restrictive covenants that are commonly identified as part of conveyancing in Newbury Park?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Newbury Park. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Newbury Park differ for newly converted properties?
Most buyers of new build premises in Newbury Park contact us having been asked by the developer to sign contracts and commit to the purchase even before the premises is completed. This is because house builders in Newbury Park tend to buy the real estate, 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 Newbury Park or who has acted in the same development.
My wife and I purchased a leasehold house in Newbury Park. Conveyancing and Alliance & Leicester mortgage are in place. I have received a letter from someone claiming to own the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1991. The conveyancing practitioner in Newbury Park who acted for me is not around. Do I pay?
First make enquiries of the Land Registry to be sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. There is no need to incur the fees of a Newbury Park conveyancing firm to do this as it can be done on-line for less than a fiver. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Despite our best efforts, we have been unsuccessful in trying to reach an agreement for a lease extension in Newbury Park. Can the Leasehold Valuation Tribunal adjudicate on premiums?
You certainly can. We are happy to put you in touch with a Newbury Park conveyancing firm who can help.
An example of a Lease Extension case for a Newbury Park property is 104 Coventry Road in July 2014. The Tribunal determined that the lease extension permium should be £22,896.15 This case was in relation to 1 flat. The unexpired term was 60.29 years.