Our lender has recommended solicitors on their panel based in Portishead but I would rather choose a conveyancing lawyer in Portishead round the corner to me. Are you able to help?
Not all Portishead conveyancing practitioners are on all lender’s conveyancing panel. Use the above find an approved solicitor tool to identify a Portishead conveyancing firm on the on the mortgage company panel.
How can we tell if a Portishead conveyancing solicitor on the Santander panel is any good?
When it comes to conveyancing in Portishead obtaining recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always recommend that you speak with the solicitor conducting your transaction.
Last month we had a mortgage agreed in principle with Skipton. Portishead conveyancing lawyers were appointed. What is the average time that one could expect to receive a mortgage offer from Skipton?
Some lenders take longer than others. Have Skipton conducted the valuation? Have you informed Skipton as to your lawyers' details and checked that your lawyers are on the Skipton conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
The formalities of my remortgage has taken place for my property in Portishead. Conveyancing was a necessary evil but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
All banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Department at head office. Ordinarily complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I am buying a new build house in Portishead with a loan from Leeds Building Society. The developers refused to reduce the price so I negotiated five thousand pounds worth of fixtures and fittings instead. The estate agent suggested that I not reveal to my lawyer about this extras as it may affect my mortgage with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer 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.
I am a sole trader planning to lease a unit on a shopping parade. Can you recommend solicitors offering no-sale-no fees for non-domestic conveyancing in Portishead for under £2000?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Portishead, including the disposal and purchase of businesses as well as simply premises. Whether you are intending to acquire or dispose of a shop, pub, restaurant, office, retail unit or a whole business we can put you in touch with the right solicitor. As for the costs this will depend on the structure and heads of terms of the deal. Let us have your contact information or email so as to enable us to provide you with a fixed commercial conveyancing quote.
I am on look out for some leasehold conveyancing in Portishead. Before I set the wheels in motion I require certainty as to the number of years remaining on the lease.
Assuming the lease is recorded at the land registry - and most are in Portishead - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I own a basement flat in Portishead, conveyancing was carried out May 1998. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Portishead with an extended lease are worth £197,000. The average or mid-range amount of ground rent is £55 levied per year. The lease ends on 21st October 2080
With 55 years remaining on your lease we estimate the premium for your lease extension to range between £31,400 and £36,200 as well as professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to supply the actual costs without more detailed due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account 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 seeking the advice of a professional.
I have been told by various family members that it may take 6-8 weeks for Portishead conveyancing to complete.This was 3 ago. The draft contract was only sent to my property lawyer a few days ago so does the clock start running now?
Don't rely on counting down any 6-8 week suggested period. Giving assurances as to precisely how how many weeks Portishead conveyancing will take is nigh on impossible. Without fail every Portishead conveyancing transaction will have it’s bespoke set of complexities. As a result your solicitor should be unwilling to accurately predict the length of time it will take to finalise conveyancing in Portishead.