We see that you have a post code search directory listing firms on the Yorkshire BS conveyancing panel. Do companies pay you a commission if I retain them for our own conveyancing in Somerset?
We are a listing service only for law firms wishing to communicate if they are on the Yorkshire BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Somerset.
My grandmother passed away six months ago and as sole heir and executor I was left the property in Somerset. The house had a small mortgage remaining of approximately £8000. I want to have the title changed into my name whilst I re-mortgage to Kent Reliance, pay off the mortgage. Is this possible?
Given you intend to refinance then Kent Reliance will require that you use a conveyancer on the Kent Reliance conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Kent Reliance conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Kent Reliance mortgage is registered as a charge at the Land Registry.
We are selling our home in Somerset and according to the buyers it appears that there is a possibility that the property was built on contaminated land. A high street Somerset conveyancer would know that there is no such problem. For the life of me I don't know why the buyers instructed a nationwide conveyancing outfit as opposed to a conveyancing solicitor in Somerset. Having lived in Somerset for 4 years we know that this is a non issue. Do we get in touch with our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing lawyer already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I am looking into buying my first house which is in Somerset and I am already nervous. I couldn't find anything specific about Somerset. Conveyancing will be needed in due course but do you know about the Somerset area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Somerset. In the meantime here are some basic statistics that we found
My husband and I are FTB’s - agreed a price, but the agent advised that the seller will only proceed if we instruct their chosen conveyancers as they are insisting on a ‘quick sale’. Our preferred option is to instruct a family solicitor with experience of conveyancing in Somerset
We suspect that the owner is unaware of this request. Should the vendor require ‘a quick sale', alienating a serious buyer is not the way to achieve this. Speak to the owners direct and make the point that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you do not need to sell (d) you wish to move quickly (e)however you will continue to use your preferred Somerset conveyancing lawyers - rather thanthe ones that will give their negotiator at the agency a commission or meet his conveyancing thresholds pre-set by head office.
I am hoping to sign contracts shortly on a leasehold property in Somerset. Conveyancing solicitors inform me that they report fully tomorrow. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Somerset should include some of the following:
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Rent payments - how much and when is collected, and also know whether this will change in the future Repair and maintenance of the property Additions to the premises What the implications are if you have contravened the provisions of the lease? What options are open to you if another tenant in the building breaches a clause of their lease?
I own a studio flat in Somerset, conveyancing having been completed February 2000. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar properties in Somerset with an extended lease are worth £195,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease comes to an end on 21st October 2088
You have 62 years unexpired the likely cost is going to range between £17,100 and £19,800 plus legals.
The suggested premium range 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 detailed due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.