Recently contacted my conveyancing solicitor in Amesbury who acted for me 18 months ago and wanted a conveyancing quote based on an identical type of home move (a leasehold premises and a freehold premises) of almost identical values with a loan from Barclays . It looks as though am now being quoted twice the amount. Should I look for an alternative conveyancer?
The estimate does seem a tad steep. If you are prepared to spend time contrasting quotes you might get the conveyancing a bit cheaper by as much as a hundred pounds. That being said, if you were happy with the assistance the firm offered you maycome to rue choosing an an unknown solicitor. If is important to be sure that the firm can act for Barclays . Do make use of our search tool to get a quote a Amesbury conveyancing firm on the Barclays approved list of lawyers, which can often include conveyancing solicitors in Amesbury.
Can your site be used to recommend a Conveyancing solicitor in Amesbury even if I’m not buying or disposing of a house, for example if I want to buy an office in Amesbury with a loan from HSBC Bank?
The service is mainly used to find domestic conveyancing solicitors in Amesbury but we have recorded at the end of this page some Amesbury commercial conveyancing firms. You should make contact with the solicitors directly to check if they can also act for HSBC Bank
Forgive me if this question is silly but I am unseasoned as FTB of a ground floor flat in Amesbury. Do I collect the keys to the premises on the completion date from my lawyer? If so, I will appoint a High Street conveyancing solicitor in Amesbury?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the purchase money to the seller's solicitors, and once they have received this, you will be invited to collect the keys from the selling Agents and move into your new home. This tends to happen early afternoon.
We have agreed to purchase a house in Amesbury. One unusual aspect is that the roof has a solar panel. Bank of Ireland have issued a mortgage offer so presumably this is not a concern to them. Why is my solicitor raising questions about the panel?
As your lender is Bank of Ireland your lawyer must comply with the conveyancing requirements set out in Section 2 of UK Finance Lenders’ Handbook for Bank of Ireland. The CML Handbook contains minimum conditions for solar panel roof-space leases, and lawyers are required to report to Bank of Ireland where a lease fails to satisfy these specifications. The provisions relate to the installation of panels on properties in England and Wales and is not isolated to Amesbury.
It is unclear whether my bank requires a lease extension. I have telephoned my Amesbury bank branch on numerous occasions and was advised it wasn't an issue and they would lend. My Amesbury conveyancing solicitor - who is on the bank conveyancing panel- called and was told they refuse to lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. I have no idea who is right.
Provided that the conveyancing practitioner is on the mortgage company approved list, they must comply with the Council of Mortgage Lenders’ Handbook specifications for the lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the lender to contact your lawyer in writing confirming that they will accept the number of years remaining.
Over the last few months I have been searching for a flat up to £235,500 and found one close by in Amesbury I like with amenity areas and station nearby, the downside is that it's only got 61 remaining years left on the lease. There is not much else in Amesbury in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a mortgage the remaining unexpired lease term may be problematic. Discount the offer by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer regarding this.
How much will conveyancing in Amesbury cost?
Almost all Amesbury conveyancing practices will agree to a set fee. Where extra work become due during the conveyancing your conveyancing practitioner is obliged inform you in writing of any supplemental charges for any work immediately it becomes apparent. Some firms will agree not to charge a fee if the deal aborts, others will levy an bill for a proportion of the set costs, depending on the stage at which the transaction aborts.
It is advisable to ask two or three practices to give you an estimate.