We note that you have a search directory listing firms on the Nottingham conveyancing panel. Do companies pay you a referral fee if I appoint them for our conveyancing in Tisbury?
We are a listing service only for law firms wishing to communicate if they are on the Nottingham conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Tisbury.
My wife and I have recently appointed a conveyancing solicitor in Tisbury. I need to find out if they are on the HSBC Bank conveyancing panel. Could you help?
The first thing to do is call your conveyancer and ask them if they are on the lender panel. Otherwise you can get in touch with HSBC Bank who may be able to assist.
A relative recommended that if I am buying in Tisbury I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your Tisbury conveyancing searches. It is not a small document of about 40 pages, listing and setting out important information about Tisbury around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information about Tisbury.
We're novice buyers - had an offer accepted, but the property agent advised that the seller will only proceed if we appoint their recommended solicitors as they want a ‘quick sale’. Our preferred option is to instruct a local solicitor accustomed to conveyancing in Tisbury
It is improbable the vendors are behind this. If they want ‘a quick sale', alienating a genuine purchaser is counter productive. Try to communicate with the sellers directly and explain that (a)you are motivated buyers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you are going to appoint your preferred Tisbury conveyancing firm - not the ones that will earn their negotiator at the agency a commission or meet his conveyancing targets demanded by head office.
Having had my offer accepted I require leasehold conveyancing in Tisbury. Before diving in I would like to find out the unexpired term of the lease.
If the lease is recorded at the land registry - and most are in Tisbury - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I bought a split level flat in Tisbury, conveyancing having been completed June 1999. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Tisbury with over 90 years remaining are worth £222,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease ends on 21st October 2096
With just 71 years unexpired the likely cost is going to span between £9,500 and £11,000 plus professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first seeking the advice of a professional.
My property lawyer in Tisbury has informed me that he requires identification documents stating that this forms part of his requirements as a solicitor on the bank Conveyancing panel. Can this be correct?
Anti-terror and anti-money-laundering rules require Tisbury conveyancing solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Terms and Conditions that you need to sign will no doubt confirm this. Your lawyer is right that the bank also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with the bank's UK Finance Lenders’ Handbook requirements