Why is leasehold purchase conveyancing in Seaton Sluice costs more?
Seaton Sluice leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
My property lawyer in Seaton Sluice is not listed on the Aldermore Conveyancing Panel. Is it possible for me to retain my family solicitor even though they are excluded from the Aldermore list of approved lawyers?
The limited options available to you here include:
- Complete the purchase with your existing Seaton Sluice lawyers but Aldermore will need to retain a conveyancer on their list of acceptable firms. This will inevitably rack up the total legal fees and cause delays.
- Get a new solicitor to to deal with the purchase, remembering to check they are Aldermore approved.
- Persuade your Aldermore based solicitor to attempt to join the Aldermore panel
Forgive me if this question is silly but I am new to the home moving as FTB of a garden flat in Seaton Sluice. Do I collect the keys to the premises on the completion date from my conveyancer? If so, I will use a local conveyancing solicitor in Seaton Sluice?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the purchase money to the vendor’s lawyers, and once they have received this, you should be called to collect the keys from the selling Agents and start moving into the property. Usually this happens between 1 and 3pm.
I am expecting a OIP from Skipton this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Skipton recommend any Seaton Sluice solicitors on the Skipton conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Seaton Sluice solicitors independently although you'll need to choose one on the Skipton conveyancing panel. The solicitor represents both you and Skipton through the process.
I am selling my flat. I had a double glazing fitted in February 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, HSBC are being difficult. The Seaton Sluice solicitor who is on the HSBC conveyancing panel is saying indemnity insurance will be fine but HSBC are insisting on a building regulation certificate. Why do HSBC have a conveyancing panel if they don't accept advice from them?
It is probably the case that HSBC have referred the matter to their valuer. The reason why HSBC may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I am looking for a leasehold apartment up to £195,000 and identified one near me in Seaton Sluice I like with a park and transport links nearby, however it only has 51 remaining years left on the lease. There is not much else in Seaton Sluice in this price bracket, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a home loan the shortness of the lease will likely be problematic. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of 2 years you may ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.
I am thinking of appointing a conveyancing lawyer in Seaton Sluice for my home move. Can I review a solicitor's record with the profession’s regulator?
One can see presented Solicitor Regulator Association (SRA) decisions stemming from inquisitions commenced on or after 1 January 2008. Go to Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The SRA sometimes monitor telephone calls for training purposes.
The estate agent has suggested using their property lawyer for the conveyancing in Seaton Sluice - Is it not simpler advisable to just use them?
You need to establish if the selling agent is recommending a conveyancer or introducing to a conveyancing practitioner. There are plenty of Seaton Sluice estate agents who recommend two or three Seaton Sluice conveyancing firms and get nothing from it.