My husband and I have organised a further advance on our mortgage from Aldermore as we wish to carry out improvements to our property in Whitefield. Do we need to choose a high street Whitefield solicitor on the Aldermore conveyancing panel to deal with the paperwork?
Aldermore don't usually require a member of their conveyancing panel to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Aldermore list.
I'm in the throws of viewing houses in Whitefield and I am about to put in an offer. Is it best to have a solicitor on ‘stand by’? I will be getting a mortgage with Yorkshire BS.
You should start requesting conveyancing estimates from solicitors ASAP. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their contact information on to the EA. Given that you are getting a mortgage with Yorkshire BS, ask your prospective lawyers if they are on the Yorkshire BS conveyancing panel otherwise they can't do the mortgage legal work.
About to purchase maisonette in Whitefield. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Lloyds conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Whitefield conveyancer is on the Lloyds conveyancing panel.
The deeds to my home can not be found. The lawyers who did the conveyancing in Whitefield 10 years ago have long since closed. Will I be able to sell the house?
As long as you have a registered title the information relating to your ownership will be held by HMLR with a Title Number. It is easy to carry out a search at the Land Registry, identify your house and get current copies of the Registered Entries for a small fee. If the property is Leasehold then the Land Registry will also normally hold a certified copy of the Registered Lease and again, a copy can be obtained for a small fee.
I am looking for a ground for flat up to £245,000 and found one close by in Whitefield I like with a park and station nearby, however it's only got 51 years unexpired on the lease. There is not much else in Whitefield for this price, so just wondered if I would be making a mistake buying a short lease?
If you need a mortgage the shortness of the lease will be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you may ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
What does commercial conveyancing in Whitefield cover?
Non domestic conveyancing in Whitefield covers a broad range of guidance, provided by qualified solicitors, relating to business property. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
My brother has urged me to appoint his lawyers for conveyancing in Whitefield. Should I choose my own solicitor?
No doubt it’s preferable to find a conveyancing practitioner is to get feedback from friends or relatives who have actually used the firm that you are are thinking of instructing.
Completion is due on the disposal of our £250,000 apartment in Whitefield next Monday. The landlords agents has quoted £336 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Whitefield?
Whitefield conveyancing on leasehold apartments normally requires the purchaser’s solicitor submitting questions for the landlord to address. Although the landlord is not legally bound to respond to such questions most will be willing to assist. They are entitled to charge a reasonable administration fee for responding to enquiries or supplying documentation. There is no set fee. The average fee for the paperwork that you are referring to is over three hundred pounds, in some transactions it is above £800. The administration charge levied by the landlord must be accompanied by a summary of rights and obligations in relation to administration charges, otherwise the charge is technically not due. In reality one has no option but to pay whatever is requested of you if you want to sell the property.
I invested in buying a leasehold flat in Whitefield, conveyancing was carried out in 2012. Can you work out an approximate cost of a lease extension? Corresponding properties in Whitefield with a long lease are worth £260,000. The ground rent is £45 per annum. The lease terminates on 21st October 2099
With only 74 years remaining on your lease we estimate the premium for your lease extension to range between £8,600 and £9,800 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.