Recently contacted my conveyancing lawyer in Chelmsley Wood who completed the legal work 18 months ago requesting a conveyancing costs illustration based on an identical type of house sale & purchase (a leasehold residence and a freehold premises) of similar values with a loan from Barclays . I am now being quoted twice the amount. Am I right to be tempted to shop around for an alternative firm of conveyancing solicitor?
The quote is slightly on the steep side. If you shop around you might shave off some of the expense by say £125. On the other hand, assuming were satisfied with the conveyancing the firm offered you couldcome to rue choosing an an unknown solicitor. If is important to ensure that the conveyancer can represent Barclays . Do employ our search tool to locate a Chelmsley Wood conveyancing firm on the Barclays conveyancing panel, which can often include conveyancing solicitors in Chelmsley Wood.
I have given 8 weeks notice to my existing landlord and have to be out of my rented flat in Chelmsley Wood by the end of next month. Conveyancing on my purchase has just started. Can I complete in 5 weeks as I wish to avoid having to move into short term accommodation?
The normal practice is not to provide notice on a rental until exchange of contracts has taken place. Assuming that you have not already done so, update to your conveyancer and ask them to they chase the owners solicitors, try to an agreed time frame that all parties will work to achieve
Completed the sale of my flat in Chelmsley Wood last August but the buyer keeps texting daily to say her solicitor needs to hear from myconveyancer. What are the post completion sale legalities now that I have sold?
Post completion of your disposal your conveyancer is duty bound to deliver the transfer documentation and all additional paperwork to the purchaser's solicitors. If applicable, your conveyancer must also send confirmation that the legal charge in favour of the lender has been discharged to the buyers lawyers. There is unlikely to be post completion requirements specific conveyancing in Chelmsley Wood.
Can you clarify what the consequences are if my solicitor is suspended from the UBS Solicitor panel ahead of completing my conveyancing in Chelmsley Wood?
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 for a fee.
Over the last few months I have been searching for a flat up to £305k and found one near me in Chelmsley Wood I like with amenity areas and transport links nearby, the downside is that it's only got 61 years on the lease. There is not much else in Chelmsley Wood for this price, so just wondered if I would be making a grave error buying a short lease?
Should you require a mortgage the shortness of the lease will be problematic. Discount the price by the expected lease extension will cost if not already taken into account. 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 existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.