What happens if my lawyer’s firm is suspended from the Aldermore Solicitor panel ahead of completing my conveyancing in Aldridge?
The first thing to point out is that, this is a very rare occurrence. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit at a cost.
How does conveyancing in Aldridge differ for new build properties?
Most buyers of new build residence in Aldridge contact us having been asked by the builder to sign contracts and commit to the purchase even before the house is finished. This is because developers in Aldridge usually buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Aldridge or who has acted in the same development.
What is different about your site and alternative online quote calculators for conveyancing in Aldridge?
At this site secure a conveyancing costs illustration via a Solicitor or Licensed Conveyancer that appreciates the nuances of your conveyancing in Aldridge. As opposed to estate agents and many comparison sites we do not have referral arrangements with solicitors. A large number of agents and online brokers 'recommend' solicitors paying the most commission, rather than the best value conveyancing in Aldridge
My father-in-law has recommend that I use his conveyancers in Aldridge. Do I take his guidance?
Much as we are happy to recommend a Aldridge conveyancing lawyer the best way to select a conveyancing lawyer is to have recommendations from friends or relatives who have actually used the solicitor that you are contemplating using.
I've recently bought a leasehold flat in Aldridge. Am I liable to pay service charges relating to a period prior to my ownership?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Leasehold Conveyancing in Aldridge - A selection of Queries Prior to buying
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Are any of leasehold owners in arrears of their service charge liability? How much is the ground rent and service charge? Is anyone aware of any major works in the planning that could add a premium to the maintenance fees?