I selected a high street firm for my conveyancing in Scarborough yesterday. Reviewing the official terms of business I seewe are responsible for fees even where the transaction does not complete. Would I be best advised to appoint an on-line solicitor practice who offer no completion no charge conveyancing in Scarborough?
Generally there is a compromise along the lines that if "No Completion No Fee" is offered then the conveyancing charges will tend to be be uplifted to offset the cases that abort. Dont forget that these arrangements rarely cover outlay for example Scarborough conveyancing search expenses.
Can you clarify what the consequences are if my solicitor is removed from the Skipton Solicitor panel ahead of completing my conveyancing in Scarborough?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
I require expedited conveyancing in Scarborough as I am under an ultimatum to exchange contracts in less than one month. Luckily I do not require a mortgage. Can I decline from having conveyancing searches to save money and time?
If.Given you are are a mortgage free purchaser you are at liberty not to do searches although no lawyer would advise that you don't. With plenty of history conveyancing in Scarborough the following are instances of what can appear and adversely affect future saleability: Refused Planning Applications, Outstanding Fees, Overdue Grants, Road Schemes,...
I have been on the look out for a ground for flat up to £235,500 and identified one near me in Scarborough I like with a park and transport links in the vicinity, however it's only got 52 remaining years left on the lease. There is not much else in Scarborough in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a mortgage the remaining unexpired lease term will be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for at least 2 years you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
In my capacity as executor for the estate of my grandfather I am selling a residence in Cardiff but live in Scarborough. My solicitor (who is 250 kilometers from merequires that I sign a stat dec ahead of the transaction finalising. Can you recommend a conveyancing practitioner in Scarborough to witness this legal document for me?
Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will do regardless of whether they are Scarborough based
I own a leasehold flat in Scarborough. Conveyancing and Lloyds TSB Bank mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1994. The conveyancing practitioner in Scarborough who previously acted has long since retired. Do I pay?
First contact HMLR to be sure that the individual purporting to own the freehold is indeed the new freeholder. There is no need to incur the fees of a Scarborough conveyancing lawyer to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Scarborough Conveyancing for Leasehold Flats - Sample of Queries before Purchasing
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Can you inform me if there are any major works in the near future that could increase the service fees? What is the the remaining lease term? What is the name of the managing agents?