What is the best way to search for the right solicitor to provide a first class service for my conveyancing in Radstock?
Option 1 is to ask the people you trust who they would recommend.
Second, use a comparison service on the internet for conveyancing in Radstock. Phone a couple or more firms listed and request that they forward you their conveyancing fees and discuss your needs with the solicitor who will conduct your legal process beforecommitting.
Third is to make use of this site to help you find the right lawyers for you based on your personal expectations including location,deadlines, complexity and who the proposed lender is. Avoid the trap of appointing ninety nine pound conveyancing in Radstock
My husband and I are approaching an exchange on a house in Radstock and my mum and dad have sent the exchange deposit to my conveyancing practitioner. I am now informed that as the deposit has been received from someone other than me my conveyancer needs to make a notification to my bank. Apparently, in also acting for the mortgage company he must inform them that the balance of the purchase price is coming from anyone other than me. I disclosed to the lender about my parents' contribution when I applied for the home loan, so is it really necessary for this now to delay the deal?
The conveyancer is obliged to check with the bank to make sure that they are aware that the balance of the purchase price is not from your own resources. Your solicitor can only notify this to your lender if you agree, failing which, your lawyer must cease to continue acting.
We see that you have a post code search directory listing solicitors on the Yorkshire BS conveyancing panel. Do companies pay you a commission if I instruct them for our own conveyancing in Radstock?
We are a listing service only for law firms wishing to communicate if they are on the Yorkshire BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Radstock.
In my capacity as executor for the will of my uncle I am selling a property in Monmouth but reside in Radstock. My solicitor (based 250 kilometers from merequires that I execute a statutory declaration before the transaction finalising. Can you recommend a conveyancing solicitor in Radstock who can witness this legal document for me?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will be fine regardless of whether they are located in Radstock
Last May I purchased a leasehold house in Radstock. Am I liable to pay service charges for periods before my ownership?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I bought a 2 bed flat in Radstock, conveyancing was carried out 5 years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in Radstock with over 90 years remaining are worth £206,000. The average or mid-range amount of ground rent is £45 per annum. The lease terminates on 21st October 2092
With 67 years remaining on your lease we estimate the premium for your lease extension to range between £10,500 and £12,000 plus costs.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.
What should I expect to pay for conveyancing in Radstock?
Almost all Radstock conveyancing firms will charge a fixed fee. If additional work arise during the transaction your property lawyer is obliged inform you in writing of such supplemental costs for such work immediately it becomes apparent. Some companies may agree not to charge a fee if the deal falls through, others will levy an bill for a percentage of the agreed charges, calculated based on the stage at which the transaction does not go ahead.
It is advisable to ask a few conveyancers to send you an estimate.