I used Stirling Law a few years past for my conveyancing in Newtown. Now, I need my files however the law firm has closed. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Newtown of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm buying a new build house in Newtown with a loan from Barclays Direct. The builders refused to move on the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The sale representative suggested that I not disclose to my lawyer about the side-deal as it may put at risk my mortgage with Barclays Direct. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the guidance of my in-laws I had a survey completed on a house in Newtown ahead of instructing solicitors. I have been informed that there is a flying freehold overhang to the house. The surveyor has said that some lenders tend not give a mortgage on such a house.
It depends who your proposed lender is. Santander has different instructions for example to Nationwide. If you e-mail us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Newtown. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Newtown to see if the conveyancing costs will increase in light of this.
Given that I am about to spend £400,000 on a property in Newtown I wish to have a conversation with the lawyer regarding thetransaction in advance of giving the go ahead to the firm. Can this be arranged?
This is something that we encourage - we would be happy to talk to you we do not take any clients on without you speaking to the conveyancer who will be carrying out your conveyancing in Newtown.There is no ‘factory style conveyancing’ - each client is an important person, not a matter reference. The law firms that we put you in touch with believe that the figure you are provided with for residential conveyancing in Newtown should be the figure that you end up paying.
In my capacity as executor for the estate of my aunt I am disposing of a property in Newport but I am based in Newtown. My conveyancer (based 235 kilometers awayhas requested that I execute a stat dec prior to the transaction finalising. Could you suggest a conveyancing solicitor in Newtown to witness this legal document for me?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are Newtown based
Are there frequently found defects that you witness in leases for Newtown properties?
Leasehold conveyancing in Newtown is not unique. All leases are drafted differently and drafting errors can result in certain sections are not included. For example, if your lease is missing any of the following, it could be defective:
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Repairing obligations to or maintain parts of the property A duty to insure the building
A defective lease will likely cause problems when trying to sell a property as they can affect a potential buyer’s ability to obtain a mortgage. National Westminster Bank, Bank of Scotland, and Alliance & Leicester all have very detailed requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease does not cover certain provisions they may refuse to provide security, obliging the buyer to pull out.
I am the registered owner of a 2 bed flat in Newtown, conveyancing having been completed half a dozen years ago. Can you work out an approximate cost of a lease extension? Similar properties in Newtown with over 90 years remaining are worth £197,000. The ground rent is £55 per annum. The lease terminates on 21st October 2080
With 55 years unexpired the likely cost is going to range between £31,400 and £36,200 plus costs.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed 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 taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.