My partner and I are looking to buy a home in Wickford and have appointed a Wickford conveyancing firm. Within the last couple of days our solicitor has forwarded the sale agreement to be signed with a detailed report with a view to exchanging next week. Britannia have this afternoon contacted us to inform me that they have now hit a problem as our Wickford lawyer is not on their approved list of lawyers. What do we do from here?
When purchasing a property with the benefit of a mortgage it is usual for the purchasers' lawyers to also act for the purchaser's lender. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your solicitor should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on the lender’s conveyancing panel and you may continue to use your own Wickford solicitors, in which case it will likely add costs, and it may delay matters as you are adding another lawyer into the mix.
Having sold my house in Wickford last October yet the purchaser is calling every few hours complaining that their lawyer is waiting to hear from mysolicitor. What are the post completion sale legalities now that I have sold?
After completion of your sale your solicitor should send the transfer deeds and all of the paperwork to the buyer’s conveyancer. If applicable, your conveyancer must also evidence that the home loan has been repaid to the buyers solicitors. There are no post completion tasks peculiar conveyancing in Wickford.
What will a local search inform me about the property my wife and I purchasing in Wickford?
Wickford conveyancing often commences with the submitting local authority searches directly from your local Authority or through a personal search organisations for example Searches UK The local search plays an important part in most Wickford conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your new home. The search will provide data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
I am looking into buying my first house which is in Wickford and I am already nervous. I couldn't find anything specific about Wickford. Conveyancing will be needed in due course but do you know about the Wickford area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Wickford. In the meantime here are some basic statistics that we found
My brother has recommend that I use his conveyancers in Wickford. Do I take his advice?
No doubt the ideal way to find a conveyancing lawyer is to get feedback from friends or family who have actually experience in using the solicitor that you are contemplating using.
Completion is due on the disposal of our £150,000 flat in Wickford on Thursday in a week. The freeholder has quoted £396 for Certificate of Compliance, building insurance schedule and previous years service charge statements. Is the landlord entitled to charge such fees for a leasehold conveyance in Wickford?
For most leasehold sales in Wickford conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Addressing pre-exchange questions
Where consent is required before sale in Wickford
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I invested in buying a 1 bedroom flat in Wickford, conveyancing having been completed in 2012. Can you work out an approximate cost of a lease extension? Corresponding properties in Wickford with an extended lease are worth £265,000. The ground rent is £50 yearly. The lease terminates on 21st October 2101
With 76 years left to run we estimate the premium for your lease extension to range between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.