Recently contacted my conveyancing solicitor in Rednal who completed the legal work 18 months ago and wanted a conveyancing quote based on the same type of home move (a leasehold premises and a freehold property) of similar values with a loan from Coventry Building Society. I am now being quoted twice the amount. Should I look for an alternative firm of conveyancing solicitor?
The estimate fees appear a tad high. If you shop around you could reduce the fees marginally by say £100 plus VAT. On the other hand, assuming were content with the conveyancing the firm provided you mightcome to regret opting for an an untested conveyancer. Remember to check that the firm can represent Coventry Building Society. Do employ our search tool to locate a Rednal conveyancing firm on the Coventry Building Society conveyancing panel, which can often include conveyancing solicitors in Rednal.
What is the difference between a licensed conveyancer and conveyancing solicitor in Rednal
There are two types of lawyers who can conduct conveyancing in Rednal namely licenced conveyancers or solicitors. The two can handle the legal services that you need to complete the sale or purchase of property. They are both required to execute Rednal conveyancing to the same standards and guidelines so you can be safe in the knowledge that your conveyancing will be professionally administered and that all requisite steps should be accurately followed.
I have decided to exercise my right to buy my property in Rednal off the council. I have a mortgage agreed with Kent Reliance. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Kent Reliance, you will need to appoint a solicitor on the Kent Reliance conveyancing panel.
It is not clear whether my lender obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Rednal building society branch on a couple of occasions and was told it does not affect the mortgage offer and they will lend. My Rednal conveyancing solicitor - who is on the lender conveyancing panel- called to say that they refuse to lend based on their published requirements. Who do I believe?
Your solicitor has to follow the CML Handbook section two provisions for your bank. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
five months have gone by since my purchase conveyancing in Rednal took place. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
The estate agent has sent us the confirmation of our purchase of a new build flat in Rednal. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Rednal
-
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please confirm the Lease plans are surveyor prepared. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
Due to the input of my in-laws I had a survey completed on a property in Rednal prior to instructing solicitors. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some banks may not give a loan on this type of house.
It depends who your proposed lender is. HSBC has different instructions for example to Nationwide. If you e-mail us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Rednal. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Rednal to see if the conveyancing will be more expensive.
Is it possible to swap conveyancer as I have to select a firm on the Birmingham Midshires conveyancing panel. I was using a family conveyancing solicitor in Rednal five minutes from me but she is not accepted by Birmingham Midshires
We will our best to assist in finding you a conveyancing solicitor in Rednal on the Birmingham Midshires panel. Please note that the property lawyers that we on the directory do not pay us commission if you instruct them and are registered with the Solicitors Regulation Authority who regulate all conveyancing solicitors in Rednal. Using search facility on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Rednal.