We are buying a flat and need a conveyancing solicitor in Allestree who is on the Barclays conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Barclays . We don't recommend any particular firms conducting conveyancing in Allestree.
What is the best way to check that the solicitor carrying out my conveyancing in Allestree is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Barclays Direct thus spending £192.00 in further legal fees.
You should make the most of the find a lender approved solicitor tool on this page. Pick the mortgage company and type ‘Allestree’ or your preferred area and you will see numerous conveyancers located in Allestree or near you.
We are purchasing a house in Allestree. It might be a silly question but how we can trust a solicitor? On completion day we will need to send funds into their account. What protection do we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
We have agreed to purchase a house in Allestree. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Coventry BS be concerned?
As you are obtaining a mortgage with Coventry BS your lawyer must check the conveyancing requirements set out in Section two of UK Finance Lenders’ Handbook for Coventry BS. The Council of Mortgage Lenders’ Handbook stipulates minimum specifications for solar panel roof-space leases, and lawyers are required to report to Coventry BS where a lease fails to meet these provisions. The conditions relate to the installation of panels on properties nationwide and is not limited to Allestree.
I recently had an offer accepted on a house in Allestree. My mortgage broker suggested a conveyancer. I paid an on account payment of £225. A couple of days later, the lawyer contacted me embarrassingly acknowledging that they were not on the Skipton conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Skipton panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
My wife and I own a semi-detached Georgian house in Allestree. Conveyancing solicitor represented me and The Royal Bank of Scotland. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, another for leasehold under the exact same property. Is it worth asking The Royal Bank of Scotland to clarify?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Allestree and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing solicitor who carried out the work.
I today plan to offer on a house that seems to tick a lot of boxes, at a reasonable figure which is making it all the more appealing. I have subsequently been informed that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns buying a leasehold house in Allestree. Conveyancing solicitors have are soon to be instructed. Will my lawyers set out the implications of buying a leasehold house in Allestree ?
Most houses in Allestree are freehold and not leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. It is clear that you are purchasing in Allestree in which case you should be shopping around for a Allestree conveyancing practitioner and be sure that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a tenant you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example obtaining the landlord’sconsent to carry out alterations. It may be necessary to pay a contribution towards the upkeep of the communal areas where the property is located on an estate. Your solicitor will report to you on the legal implications.
I acquired a leasehold flat in Allestree, conveyancing was carried out January 2003. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Allestree with an extended lease are worth £265,000. The average or mid-range amount of ground rent is £50 levied per year. The lease ceases on 21st October 2095
With only 76 years remaining on your lease we estimate the price of 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 cannot give you a more accurate figure in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.