At what point will exchange of contracts take place for domestic conveyancing in Wilton and do I need to be at the lawyers office?
Where you are local to one of the conveyancing solicitors in Wilton you are welcome to attend to sign contracts. However, the lender approved solicitors we recommend provide countrywide coverage for conveyancing and provide just as comprehensive and professional a job for you when dealing with you digitally. The executing of the contract is not the critical part. A signed contract is necessary for the solicitor to exchange contracts at the suitable time, which will usually be very shortly after signing. The exchange process is is usually a five minute process, although where an extended "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Wilton)to be in the office available at the end of the phone to exchange contracts.
My brother-in-law has suggested I instruct a conveyancing solicitor in Wilton. I I am struggling to find out whether they are accepted on the Nottingham Building Society conveyancing panel. Can you help?
You should phone the solicitor and enquire if they can act for the lender. Otherwise you can get in touch with Nottingham Building Society who may be able to help.
We are purchasing a detached bungalow in Wilton. We would like to an extension at the rear at the house.Will the conveyancing process include enquiries to see if these works are permitted?
Your conveyancer will check the deeds as conveyancing in Wilton will occasionally identify restrictions in the title documents which restrict categories of works or require the consent of another owner. Certain additions require local authority planning permissions and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be sensible to check these issues with a surveyor prior to committing yourself to a purchase.
Completion of my remortgage has taken place for my property in Wilton. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
All banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Services Department at head office. We understand that complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.
I have finally had an offer on a flat in Wilton agreed to, but there is a chain. The vendors have placed an offer on a property, but it’s not yet agreed to, and have viewings of other properties booked. I have selected a high street conveyancing solicitor in Wilton. What do I do now? At what point should I apply for the mortgage with Skipton?
It is normal to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is approx £1k, then valuation, Wilton conveyancing search costs, etc). First, you must check that your lawyer is on the Skipton approved list. Concerning the subsequent phase this very much depends on the specifics of your case, motivation for the property and on the state of the market. During a buoyant market many purchasers would apply for a home loan with Skipton and arrange for the valuation and only if it comes back ok would they pay their lawyer to move forward with searches.
Over the last few months I have been searching for a flat up to £305k and identified one near me in Wilton I like with a park and railway links nearby, however it only has 49 remaining years left on the lease. There is not much else in Wilton in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
If you need a mortgage the remaining unexpired lease term will be a potential deal breaker. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least 2 years you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer regarding this.
I am looking for a conveyancing lawyer in Wilton for my purchase. Is there any facility to check a solicitor's complaints history with the profession’s regulator?
Members of the public can read published Solicitor Regulator Association (SRA) determinations resulting from inquisitions commenced on or after Jan 2008. Visit Check a solicitor's record. For information about the period before 1 January 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For callers outside the UK, call +44 (0)121 329 6800. The SRA sometimes recorded call for training requirements.
I have recently realised that I have 62 years left on my lease in Wilton. I am keen to get lease extension but my freeholder is absent. What should I do?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. You will be obliged to prove that you have done all that could be expected to find the freeholder. For most situations an enquiry agent may be useful to conduct investigations and to produce a report which can be accepted by the court as proof that the freeholder can not be located. It is advisable to get professional help from a property lawyer both on investigating the landlord’s absence and the application to the County Court overseeing Wilton.
I own a studio flat in Wilton, conveyancing having been completed 3 years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Wilton with a long lease are worth £185,000. The ground rent is £65 yearly. The lease terminates on 21st October 2085
With only 60 years unexpired the likely cost is going to span between £20,000 and £23,000 plus costs.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.