I am expecting a mortgage offer from Halifax. I would like to enlist the help of a Licensed Conveyancer in Rawcliffe. Does the Halifax Conveyancing panel exclude Licensed Conveyancers?
The Halifax approved solicitor list is, like many other lenders, represented by the CML or BSA, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
My Solicitor in Rawcliffe is not listed on the Halifax Conveyancing Panel. Is it possible for me to retain my prefered solicitor notwithstanding that they are excluded from the Halifax panel of approved conveyancing solicitors?
The limited options available to you here include:
- Complete the purchase with your existing Rawcliffe solicitors but Halifax will need to retain a lawyer on their panel. This will inevitably rack up the overall legal fees and cause delays.
- Get an alternative practitioner to act in the purchase, obviously checking they are Halifax approved.
- Try to convince your Halifax based solicitor to seek to join the Halifax panel
I have recentlybeen informed that Arc property Solicitors have closed. They conducted my conveyancing in Rawcliffe for a purchase of a freehold house 10 months ago. How can I be sure that the property is in my name in the name of the former proprietor?
The easiest method to see if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Rawcliffe conveyancing specialists.
I need to retain a conveyancing solicitor for some conveyancing in Rawcliffe. I have stumble upon a site which appears to be the ideal solution If it is possible to get all this stuff done via email that would be preferable. Should I be wary? 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?
Do you have any top tips for leasehold conveyancing in Rawcliffe from the perspective of speeding up the sale process?
- Much of the delay in leasehold conveyancing in Rawcliffe can be reduced if you instruct lawyers the minute your agents start advertising the property and request that they start to collate the leasehold information which will be required by the purchasers’ solicitors. If you have carried out any alterations to the property would they have required Landlord’s approval? In particular have you laid down wooden flooring? Most leases in Rawcliffe state that internal structural changes or laying down wooden flooring calls for a licence from the Landlord acquiescing to such alterations. Where you dont have the consents to hand you should not communicate with the landlord without checking with your conveyancer first. You believe that you know the number of years remaining on your lease but it would be wise to verify this via your conveyancers. A buyer’s lawyer will be unlikely to recommend their client to to exchange contracts if the lease term is below 80 years. It is therefore essential at an as soon as possible that you consider whether the lease requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale. If there is a history of conflict with your freeholder or managing agents it is essential that these are settled before the property is marketed. The buyers and their solicitors will be nervous about purchasing a flat where there is a current dispute. You will have to accept that you will have to pay any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the buyers, but it is better to present the dispute as historic as opposed to unsettled. Many landlords or managing agents in Rawcliffe levy fees for supplying management packs for a leasehold premises. You or your lawyers should enquire as to the actual amount of the charges. The management pack can be applied for on or before finding a buyer, thus accelerating the process. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most frequent reason for frustration in leasehold conveyancing in Rawcliffe.
I purchased a 1 bedroom flat in Rawcliffe, conveyancing formalities finalised in 1995. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in Rawcliffe with over 90 years remaining are worth £197,000. The ground rent is £55 invoiced every year. The lease comes to an end on 21st October 2080
With only 55 years remaining on your lease we estimate the premium for your lease extension to be between £31,400 and £36,200 plus professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first seeking the advice of a professional.
My wife and I have appointed a Rawcliffe conveyancing solicitor for our home move (first time buyers) and have noticed in the Ts and Cs that they are not governed by the Financial Conduct Authority. Should I be concerned or is that standard with solicitor?
We can't see why they should be. Most solicitor don't lend money. They should be governed by the Solicitors Regulation Authority, who dictate strict obligations in place on amounts held on client account.