My fiance and I are buying a flat in Totland. My Solicitor is not on the lender approved panel. Can I still appoint my Totland conveyancing solicitor even though they are excluded from the mortgage company approved list?
Your options include
- Complete the purchase with your existing Totland solicitor but your bank will need to appoint a property lawyer on their approved panel. This will result in additional cost and likely delay.
- Get a new property lawyer to conduct the conveyancing, making sure they are on the bank conveyancing panel.
- Convince your solicitor to seek to join the bank panel
We are planning to purchase with Loughborough BS. I visited a couple of local firms but am struggling to find a Totland conveyancing firm on the Loughborough BS panel. Please you help?
Please do take advantage of the search tool on this page. Please choose the lender and type Totland or your preferred area and you will discover a number of lawyer offices in Totland or nearest you.
A friend recommended that where I am buying in Totland I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is usually quoted for as part of the standard Totland conveyancing searches. It is a large document of more than thirty pages, listing and detailing important information about Totland around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful data about Totland.
I have todaybecome aware that Stirling Law have closed. They carried out my conveyancing in Totland for a purchase of a freehold house 9 months ago. How can I be sure that my home is registered correctly in the name of the former proprietor?
The quickest method to check if the premises is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Totland conveyancing specialists.
I need to find a conveyancing solicitor for freehold conveyancing in Totland. I have chance upon a web site which looks to be the perfect offering If there is a chance to get all formalities completed via email that would be ideal. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Last May I purchased a leasehold property in Totland. Am I liable to pay service charges relating to a period prior to completion of my purchase?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I acquired a 1st floor flat in Totland, conveyancing formalities finalised in 2010. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Totland with a long lease are worth £190,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease terminates on 21st October 2087
With just 62 years left to run we estimate the premium for your lease extension to range between £17,100 and £19,800 plus legals.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.