Would the conveyancing solicitors listed on your site carry out attended exchange conveyancing in Preston?
We do have a number of conveyancing specialists who can conduct attended exchanges. You should contact us to receive a fee calculation and details as to dates.
Having sold my house in Preston last December but my buyer keeps telephoning me to moan that his lawyer needs to hear from mine. What should my lawyer have done following completion?
Following your disposal your lawyer should deliver the transfer documentation and all supplemental paperwork to the purchaser's lawyers. If applicable, your lawyer should also confirm that the home loan has been paid off to the purchasers conveyancers. There are no post completion procedures unique to conveyancing in Preston.
We previously instructed conveyancers located in Preston on the Aldermore solicitor panel. They are now charging me a separate sum for handling the Aldermore mortgage. Is this a supplemental conveyancing fee set by Aldermore?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your property lawyer may levy a fee for this. This fee is not set by Aldermore but by your Preston property lawyer. Some firms on the Aldermore panel will charge an ‘acting for lender’ fee and others do not.
My wife and I are spending time looking at apartments in Preston and I am now considering a potential offer. Is it too early to have a solicitor in place? I am planning to take a home loan with RBS.
You should start requesting conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and pass their details on to the EA. Given that you are seeking a mortgage with RBS, ask your prospective lawyers if they are on the RBS conveyancing panel otherwise they can't do the mortgage legal work.
I have instructed a Preston conveyancing practitioner having checked that they are on the Aldermore conveyancing panel. Does my lawyer arrange the survey of the property?
Aldermore will need an independent valuation of the property. Your lawyer will not arrange this. Usually Aldermore will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Preston surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Due to the guidance of my in-laws I had a survey completed on a property in Preston before instructing solicitors. I have been advised that there is a flying freehold overhang to the property. The surveyor has said that some mortgage companies tend refuse to grant a loan on this type of house.
It depends who your proposed lender is. Santander has different instructions from Halifax. If you e-mail us we can investigate further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Preston. Conveyancing will be smoother if you use a solicitor in Preston especially if they are familiar with such properties in Preston.
I need to find a conveyancing solicitor for purchase conveyancing in Preston. I've discover a site which looks to be the ideal solution If there is a chance to get all formalities completed via phone that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
We have reached the end of our tether in seeking a lease extension in Preston. Can this matter be resolved via the Leasehold Valuation Tribunal?
in cases where there is a absentee landlord or where there is disagreement about the premium for a lease extension, under the relevant legislation you can apply to the First-tier Tribunal (Property Chamber) to decide the price payable.
An example of a Lease Extension decision for a Preston premises is Ground Floor Flat 79 London Road in September 2012. the Tribunal held that the premium payable for the lease extension should be £7,636 This case affected 1 flat. The unexpired residue of the current lease was 74 years.
What makes a Preston lease defective?
There is nothing unique about leasehold conveyancing in Preston. All leases are unique and legal mistakes in the legal wording can result in certain sections are missing. For example, if your lease is missing any of the following, it could be defective:
-
A duty to insure the building Maintenance charge proportions which don’t add up to the correct percentage
You could encounter a problem when selling your property if you have a defective lease as they can affect a potential buyer’s ability to obtain a mortgage. National Westminster Bank, The Mortgage Works, and TSB all have express requirements when it comes to what is expected in a lease. Where a lender has been advised by their lawyers that the lease is problematic they may refuse to provide security, forcing the purchaser to withdraw.