I am purchasing a property without a mortgage in The Meadows. I have lived for the previous Seventeen years in The Meadows. Conveyancing searches are a lot of money. Given that I have knowledge of the road and vicinity very well should I not bother getting the solicitor to do all the conveyancing searches?
If you not getting a mortgage, then almost all of the The Meadows conveyancing searches are at your discretion. Your conveyancer will 'advise', perhaps strongly, that you should have searches done, but he has a professional duty to do this. One thing to consider; if you are likely to sell the house at a future date, it will likely be be of importance to your prospective buyer what the searches determine. On occasion houses with functional issues can still show up unfavourable search results. A good conveyancing solicitor in The Meadows should be able to give you some sensible guidance concerning this.
Why is leasehold purchase conveyancing in The Meadows is more expensive?
The conveyancing costs on a leasehold premises in The Meadows is frequently more expensive as compared to a freehold acquisition or disposal. This is because there is an amount of additional investigations required in dealing with the landlord and managing agents to obtain information concerning whether the rent and maintenance charges have been paid and whether there are any significant expenditure in the near future on repairs or maintenance of the block.
I opted to have a survey carried out on a property in The Meadows prior to appointing conveyancers. I have been advised that there is a flying freehold element to the house. The surveyor has said that some lenders may refuse to grant a mortgage on a flying freehold premises.
It varies from the lender to lender. Bank of Scotland has different instructions from Nationwide. If you call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in The Meadows. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in The Meadows to see if the conveyancing costs will increase in light of this.
Is it possible to transfer to a new conveyancer as I need to instruct one who is on the Aldermore conveyancing panel. I hired a family conveyancing solicitor in The Meadows round the corner but the firm is not accepted by Aldermore
It would be our pleasure to help you select a conveyancing solicitor in The Meadows on the Aldermore panel. Please note that the conveyancers that we on the directory do not pay us fee if you instruct them and are under regulation of the SRA who oversee all conveyancing solicitors in The Meadows. In making use of search facility on this page, you can scrutinise fees for conveyancing solicitors in The Meadows and throughout England and Wales.
As co-executor for the will of my grandmother I am selling a property in Monmouth but reside in The Meadows. My conveyancer (who is 235 kilometers awayhas requested that I sign a stat dec before completion. Could you suggest a conveyancing lawyer in The Meadows who can attest this legal document for me?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will be fine regardless of whether they are located in The Meadows
I have miscalculated my finances and am a few thousand pounds short a 10% deposit on my flat purchase in The Meadows , but I am anxious exchange. Do I have options?
One option is to try and agree a lower deposit. Most sellers will agree to a smaller deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last second