After what seems like an age a loan offer from NatWest for the remortgage of my single bedroom apartment is coming within the next few days. Are you able to recommend a low cost conveyancing practitioner in Sefton?
You have arrived at the wrong site to search for a cheap conveyancing in Sefton. Our aim is to provide excellent value conveyancing but we do not advertise as being the cheapest. Do not be swayed by companies seducing you with ninety nine pound conveyancing in Sefton. At best, in deciding on low cost conveyancing, you will receive what you pay for and at worst you will end up invoiced for additional fees and still not end up with the service required.
My wife and I are purchasing a newly constructed flat in Sefton and my solicitor is advising me that she is duty bound to the lender to reveal incentives from the seller. I am under pressure to sign contracts and I have no desire to prolong the conveyancing. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your property lawyer. A precondition to being on a mortgage company panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
Can you explain why leasehold purchase conveyancing in Sefton costs more?
In summary, leasehold conveyancing in Sefton and Merseyside usually warrants additional due diligence compared to freehold transactions. This includes reviewing the lease, corresponding with the landlord concerning the service of required notices, procuring up-to-date service charge and management information, procuring the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.
I am assisting my mother sell her flat in Sefton. Does the conveyancer commission an EPC or should I organise this?
Following the demise of Home Information Packs, energy performance certificates was retained a mandatory component of moving house. An energy performance certificate must be commissioned before the property is advertised. This is not a task that solicitors ordinarily organise. If you are using a Sefton conveyancing solicitor they may be able to arrange EPC’s given their relationships with long established local accredited person
is it true that all Sefton conveyancing solicitors on the UBS conveyancing panel are overseen by the Solicitors Regulatory Authority?
As solicitors, in order to be on the UBS approved list of solicitors they would need to be governed by the SRA. Many mortgage companies do list licenced conveyancers on their panel and in that case the firms would be governed by the Council of Licensed Conveyancers.
I am currently in the process of buying my council flat in Sefton. I have a mortgage offer with Clydesdale. 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 use 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 Clydesdale, you will need to appoint a solicitor on the Clydesdale conveyancing panel.
Over the last few months I have been searching for a flat up to £235,500 and found one near me in Sefton I like with a park and transport links in the vicinity, however it only has 52 years unexpired on the lease. There is not much else in Sefton for this price, so just wondered if I would be making a grave error buying a short lease?
Should you require a home loan the remaining unexpired lease term will be problematic. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing lawyer about this.
What do I do if I am not happy with the conveyancing practitioner who carried out our conveyancing in Sefton?
Occasionally the level of service you receive is not as you expect, and is is a fact of life that every so often matters do not go as planned. However there is recourse if you were dissatisfied with your conveyancing in Sefton. This varies from trying to resolve matters directly with them, through to reporting a conveyancing practitioner to their regulator. If you remain dissatisfied you may consider getting in touch with the Legal Ombudsman.