We wanted to use a property lawyer in West Wittering for our house move. Our broker has since notified us that our mortgage company The Royal Bank of Scotland won't deal with them. Why is this not regarded as unduly restrictive?
A lender may direct that an approved solicitor act for it. You would be expected to meet the cost of this. Try using our database to select a solicitor to conduct conveyancing in West Wittering on the The Royal Bank of Scotland approved list of solicitors.
This question may be naive but I am wet behind the ears as a 1st time buyer of a two bedroom flat in West Wittering. Do I receive the keys to the house on completion from my conveyancer? If so, I will use a High Street conveyancing solicitor in West Wittering?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the purchase money to the seller's solicitors, and shortly after the monies have arrived, you will be invited to collect the keys from the Estate Agents and move into your new home. Usually this happens between 1 and 3pm.
My solicitor has informed me that missing deeds insurance is needed on my purchase. What is the level of cover for West Wittering conveyancing?
The appropriate level of missing deeds indemnity insurance depends on your lender. It would differ for example between Barclays and Leeds Building Society. Conveyancing lawyers as opposed to borrowers take out such insurances.
We had appointed conveyancers based in West Wittering on the HSBC solicitor panel. They have just invoiced me a separate sum for the legal aspects of the HSBC mortgage. Is this an additional conveyancing fee set by HSBC?
Provided it is contained in their Terms of Engagement or Quote then yes your lawyer is entitled to charge a fee for this. The charge is not dictated by HSBC but by your West Wittering property lawyer. Numerous firms on the HSBC panel will charge ’dealing with mortgage’ fee and others do not.
I opted to have a survey carried out on a house in West Wittering prior to instructing conveyancers. I have been told that there is a flying freehold aspect to the house. The surveyor advised that some mortgage companies tend refuse to issue a mortgage on a flying freehold home.
It varies from the lender to lender. Lloyds has different instructions from Halifax. If you call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in West Wittering. Conveyancing will be smoother if you use a solicitor in West Wittering especially if they are familiar with such properties in West Wittering.
As co-executor for the estate of my aunt I am selling a house in Cardiff but I am based in West Wittering. My conveyancer (based 300 miles from mehas requested that I sign a statutory declaration before the transaction finalising. Can you recommend a conveyancing practitioner in West Wittering who can witness and place their company stamp on the document?
strictly speaking you should not be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will do regardless of whether they are West Wittering based
I work for a reputable estate agent office in West Wittering where we have witnessed a few flat sales jeopardised due to leases having less than 80 years remaining. I have received inconsistent advice from local West Wittering conveyancing solicitors. Could you shed some light as to whether the owner of a flat can instigate the lease extension process for the buyer?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the sale.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I am the registered owner of a studio flat in West Wittering, conveyancing having been completed October 1998. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in West Wittering with an extended lease are worth £207,000. The ground rent is £60 invoiced every year. The lease finishes on 21st October 2083
With 57 years unexpired we estimate the premium for your lease extension to be between £28,500 and £33,000 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first getting professional advice.
It may have been a long time coming a loan agreement from a lender for the remortgage of my 2 bedroom apartment is expected any day now. Can you recommend a cheap remortgage conveyancing practitioner in West Wittering ?
You have come to the wrong place to search for the cheapest conveyancing solicitors in West Wittering. We can offer you excellent value conveyancing but we do not work with the cheapest lawyers. Do not be fooled by brokers offering low cost conveyancing in West Wittering.At best, in opting for cheap conveyancing, you will get what you pay for and at worst you will end up paying a lot in additional fee and still not get the service you were looking for.