Can you explain why leasehold purchase conveyancing in Underwood costs more?
Underwood leasehold properties involve far more paperwork than a freehold purchase, and therefore takes more time to examine and advise upon.Conveyancing will involve the lease having to be checked which is usually a lengthy document, queries raised to ensure that the covenants and conditions have been observed. If it is a flat there will be a management company in existence and the accounts of this will need to be checked and enquiries raised to ensure it is operating efficiently and that all monies due have been paid by the Seller to the company and if not ensuring that money is paid up to date or the appropriate undertakings obtained.
We hope to to purchase with Norwich and Peterborough Building Society. We have called around locally but cant to find a Underwood conveyancing firm on the Norwich and Peterborough Building Society panel. Could you help?
You should make use of the search tool on this web page. Pick the mortgage company and type Underwood or your location and you will be presented with numerous conveyancers located in Underwood or by proximity to you.
We had selected conveyancing lawyers locally in Underwood on the Co-operative solicitor panel. They are now charging me a separate sum for the legal aspects of the Co-operative mortgage. Is this an additional conveyancing fee set by Co-operative?
As unfair as it may appear, as long as it’s in their Terms of Engagement or estimate then yes your property lawyer can charge a fee for this. This charge is not set by Co-operative but by your Underwood conveyancer. Plenty of firms on the Co-operative panel will quote an ‘acting for lender’ fee but many firms incorporate it on their overall fee.
I have decided to exercise my right to buy my property in Underwood off the council. I have a mortgage offer with Kent Reliance. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Kent Reliance, you will need to appoint a solicitor on the Kent Reliance conveyancing panel.
Aldermore have agreed my home loan in principle, my offer on a apartment in Underwood has been accepted, what happens next?
Your estate agent will need to know who your solicitors are (make sure the conveyancers are on the bank’s panel). Telephone Aldermore or your broker and finish off any appropriate documentation. Aldermore will appoint a valuer who will get in contact with the selling agent or owners to arrange a time for the valuation to happen. Once conducted (assuming no problems) it takes approximately a fortnight to get a mortgage offer. Aldermore will send the offer to you and your solicitors. The legal work will then take it’s course according the nature and complexity of the conveyancing in Underwood.
I understand that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when purchasing a house in Underwood? or I am told that there is a law dating back centuries that means some owners of property residing in a parish church boundary will be compelled to pay for maintenance to the chancel in proximity to the church. Is this appropriate for conveyancing in Underwood?
Unless a prior acquisition of the property completed post 12 October 2013 you can take it that solicitors handling conveyancing in Underwood to continue to propose a a chancel search and or insurance against a claim.
Despite weeks of looking the Title Certificate and documents to our property are lost. The solicitors who handled the conveyancing in Underwood 10 years ago no longer exist. What do I do?
As long as the title is registered the details of your proprietorship will be retained by the Land Registry under a Title Number. It is easy to execute a search at the Land Registry, identify your property and order up to date copies of the property title for a small fee. If the title is Leasehold then the Land Registry will in most cases retain a file duplicate of the Registered Lease and again, a copy can be retrieved for twenty pounds.
As co-executor for the estate of my uncle I am disposing of a property in Swansea but reside in Underwood. My solicitor (based 200 kilometers from merequires that I sign a statutory declaration before the transaction finalising. Could you suggest a conveyancing practitioner in Underwood who can attest and place their company stamp on the document?
strictly speaking you should not need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are based in Underwood