Having sold my house in Whitland last January but the buyer keeps SMS messaging me to moan that her lawyer needs to hear from mylawyer. What should my lawyer have done now that I have sold?
Post completion of your house sale your conveyancer should send the transfer deeds and all of the paperwork to the buyer’s solicitors. Where appropriate, your solicitor should also evidence that the home loan has been paid off to the purchasers solicitors. There is unlikely to be post completion steps specific conveyancing in Whitland.
I have an AIP. The bank mentioned the loan came with free conveyancing. Is the implication that I have to use their panel conveyancer as I would much rather instruct a specialised conveyancing solicitor in Whitland?
Do check but the chances are that give you one of their panel conveyancers should you accept the "fee-free" incentive. Speak to the lender to explore if they allow a cash alternative. Some mortgage companies have previously offered a £250 cashback as an alternative in which case you could put that amount towards your preferred conveyancing solicitor in Whitland.
I have been on the look out for a leasehold apartment up to £195,000 and found one near me in Whitland I like with a park and transport links nearby, however it only has 51 years unexpired on the lease. There is not much else in Whitland suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
Should you require a home loan the shortness of the lease will be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of 2 years you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
We are a fortnight into a residential purchase having been directed to solicitors by the estate agent to execute conveyancing in Whitland. I am not happy. Could you you assist me in finding new lawyers?
A solicitor would need to be really bad in order to consider changing them. Has the loan offer been generated? If so you need to inform them of the new solicitor and ensure the mortgage documents are re-issued. Your conveyancer should be on the mortgage company approved list to avoid supplemental fees and delays. So that should be your starting point. The find a solicitor tool can assist you in finding a lender approved solicitor for your conveyancing in Whitland
What advice can you give us when it comes to choosing a Whitland conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a property lawyer for lease extension works (regardless if they are a Whitland conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of work. We recommend that you make enquires with several firms including non Whitland conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then so much the better. The following questions could be of use:
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How experienced is the practice with lease extension legislation? How many lease extensions have they carried out in Whitland in the last twenty four months?
Whitland Leasehold Conveyancing - Examples of Questions you should ask before Purchasing
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In the main the cost for major works are not wrapped into the maintenance charges, albeit that a few managing agents in Whitland obliged tenants to pay into a sinking fund and this is used to offset against larger works. This information is helpful as a) areas could result in problems in the block as the communal areas may start to deteriorate if maintenance are not paid for b) if the tenants have an issue with the managing agents you will need to have complete disclosure How is the lease structured?
I have just placed an offer on an apartment in Whitland and the broker that we are using recommended his solicitor. He quoted £900 including VAT and disbursements. Does this sound reasonable?
Don't just go on 1 quote. You should obtain like-for-like quotes for your conveyancing in Whitland. Then pick one that you trust and crucially, is on the approved panel of the lender that you are sourcing your mortgage from.