Just been in touch with my conveyancing lawyer in Victoria who acted for me 18 months ago requesting a conveyancing estimate based on an identical type of house move (a leasehold property and a freehold property) of similar values with a mortgage from Accord Mortgages Ltd. I am now being quoted double. Should I hunt for an alternative property lawyer?
The estimate does seem a little overpriced. If you shop around you might decrease the fees slightly by as much as £100 plus VAT. On the other hand, assuming were happy with the conveyancing the firm gave you couldlive to rue choosing an an untested solicitor. If is important to check the conveyancer can also act for Accord Mortgages Ltd. You can employ our search tool to get a quote a Victoria conveyancing firm on the Accord Mortgages Ltd conveyancing panel, which can often include conveyancing solicitors in Victoria.
Are you able to recommend a Coventry Building Society approved Victoria conveyancing firm that can complete within 10 days? Would it be better to use a high street Victoria conveyancer or a national firm?
We would be happy to suggest some excellent Victoria conveyancing firms. You can also walk up the main road in Victoria. Approach a couple of law practices and request to speak with a conveyancing solicitor for a costs illustration. Discuss your deadline together with the reasons and get a commitment on your deadline. Select the one that appears most efficient.
I'm the single recipient of my late grandmother’s estate and I have everything in my name now, including the my former home in Victoria. The Victoria property was put into my name in October. I plan to dispose of the house. I do know about the Mortgage Lenders six month 'rule', meaning my property ownership could be treated the same way as if I'd bought the house in October. Do I have to wait 6 months to sell?
The Council of Mortgage Lenders’ handbook obliges solicitors 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 caught by that. How practical a view banks take of it, depend on the bank as this clause is principally there to pick up on the purchase and immediately sell or the quick reselling of properties.
is it true that all Victoria conveyancing solicitors on the Aldermore conveyancing panel are regulated by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Aldermore approved list of solicitors they would need to be regulated by the SRA. Many mortgage companies do list licenced conveyancers on their panel in which case such organisation would be regulated by the Council of Licensed Conveyancers.
My sealed bid on a detached house in Victoria has been accepted, the sellers do however have an associated purchase. The sellers have placed an offer on a flat, but it’s not yet agreed to, and are looking at other flats booked. I have selected a local conveyancing solicitor in Victoria. What should be my next step? When should I get the mortgage application with TSB going?
It is understandable to have anxieties where there is a chain as you are unlikely to want to incur expenses prematurely (mortgage application is in the region of one thousand pounds, then survey, Victoria conveyancing search fees, etc). First, you should ensure that your conveyancer is on the TSB conveyancing panel. Concerning the next phase this very much dictated by the circumstances of your transaction, desire for the property and on the state of the market. During a buoyant market some buyers will apply for the mortgage with TSB and arrange for the valuation and only if it was satisfactory would they request their conveyancer to proceed with the conveyancing in Victoria.
I have been told that property searches are a common reason for stalling in Victoria conveyancing transactions. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of hindrances in the conveyancing process. Local searches are unlikely to feature in any delay in conveyancing in Victoria.
I've recently bought a leasehold property in Victoria. Do I have any liability for service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, 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 ensure 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 have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a Victoria conveyancing firm to represent me?
in cases where there is a missing landlord or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to arrive at the price.
An example of a Lease Extension case for a Victoria property is Flats 12A & 19, Evelyn Mansions Carlisle Place in June 2009. The Tribunal held that the price to be paid for the new lease of Flat 12A is £168,824, For the other flat the price was set at £169,110 This case related to 2 flats. The number of years remaining on the existing lease(s) was 56 years.
I need to find a mortgage company panel solicitor in Victoria. Can you assist?
It is not clear why you need a Victoria panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the lender to find out which solicitors in Victoria are on their panel . If you do find such a firm in Victoria not listed please direct them to our site to list. At a fee of one pound per month it is not expensive to register on the site