Can you recommend a Barclays Direct sanctioned Thorpe St Andrew conveyancing practice finish our home move within a very limited time frame? Am I best advised to go for a local Thorpe St Andrew practice or an online firm?
We can recommend some very good Thorpe St Andrew conveyancing firms. Another option is to visit the main road in Thorpe St Andrew. Visit a couple of law practices and request to see a conveyancing solicitor for a fee estimate. Discuss your requirements together with your reasons and get an assurance on speed. Choose the lawyer that appears most efficient.
As someone clueless as to the Thorpe St Andrew conveyancing process what is the number one tip you can impart for the house moving process in Thorpe St Andrew
Not many law firms shout this from the rooftops but conveyancing in Thorpe St Andrew and elsewhere in Norfolk is often a confrontational process. Put another way, when it comes to conveyancing there exists lots of room for friction between you and other parties involved in the ownership transfer. For instance, the seller, selling agent and sometimes a lender. Appointing a lawyer for your conveyancing in Thorpe St Andrew should not be taken lightly as your conveyancer is your adviser, and is the SOLE person in the transaction whose responsibility is to look after your best interests and to protect you.
Sometimes a third party with a vested interest will attempt to persuade you that it is in your interests to do things their way. For example, the selling agent may claim to be assisting by claiming that your conveyancer is dragging his heels. Or your mortgage broker may advise you to do take action that is contrary to your solicitors guidance. You should always trust your lawyer above all other parties in the home moving process.
I am the single beneficiary of my late father’s estate and I have everything in my name alone, including the my former home in Thorpe St Andrew. The Thorpe St Andrew property was put into my name in January. I want to move. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my property ownership may be treated the same way as though I had purchased the property in January. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you may be affected by that. How sensible a view banks take of it, depend on the mortgage company as this requirement chiefly exists to identify subsales or the quick reselling of properties.
I am selling my apartment. I had a double glazing fitted in July 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Clydesdale are being a right pain. The Thorpe St Andrew solicitor who is on the Clydesdale conveyancing panel is saying indemnity insurance will be fine but Clydesdale are insisting on a building regulation certificate. Why do Clydesdale have a conveyancing panel if they don't accept advice from them?
It is probably the case that Clydesdale have referred the matter to their valuer. The reason why Clydesdale 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.
Intending to buy a apartment in Thorpe St Andrew. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Bank of Ireland conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Thorpe St Andrew lawyer is on the Bank of Ireland conveyancing panel.
The estate agent has sent us the confirmation of our purchase of a new build flat in Thorpe St Andrew. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Thorpe St Andrew
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Please confirm the Lease plans are architect prepared. Please supply a car parking plan. There must be mutual enforceability of lessee’s covenants. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
I have been on the look out for a flat up to £195,000 and found one near me in Thorpe St Andrew I like with a park and transport links in the vicinity, however it's only got 49 remaining years left on the lease. There is not much else in Thorpe St Andrew in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you require a home loan the remaining unexpired lease term will be problematic. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the property for at least 2 years you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
Looking forward to exchange soon on a leasehold property in Thorpe St Andrew. Conveyancing lawyers have said that they are sending me a report within the next couple of days. What should I be looking out for?
The report on title for your leasehold conveyancing in Thorpe St Andrew should include some of the following:
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Where does the liability rest for repairing the window frames Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? Repair and maintenance of the flat The length of the lease term. You should receive guidance as what happens when the lease expires, and informed of the importance of not letting the lease term falling below eighty years You should have a good understanding of the insurance requirements
I acquired a leasehold flat in Thorpe St Andrew, conveyancing formalities finalised 10 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Thorpe St Andrew with over 90 years remaining are worth £216,000. The ground rent is £50 charged once a year. The lease terminates on 21st October 2095
You have 69 years remaining on your lease we estimate the price of your lease extension to span between £9,500 and £11,000 plus professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide the actual costs without more detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.