I am assisting my aunt sell her property in Clare. Will the conveyancer commission an energy performance certificate or should I organise this?
Following the abolition of Home Information Packs, energy assessments was retained a compulsory component of moving house. An EPC needs to be commissioned prior to the property being placed on the market. It is not something that conveyancers ordinarily arrange. Where you are instructing a Clare conveyancing solicitor they may be willing to arrange energy performance certificates due to their contacts with reputable local accredited person
Is there a list of Virgin Money panel solicitors in Clare on the Building Society Association’s Website?
Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association sites. A small selection of lenders make their panel listings visible on the web. If you are looking for a Clare solicitor on the Virgin Money please make the most of our tool.
I recently had an offer accepted on an apartment in Clare. My financial adviser recommended their conveyancers. I paid an upfront payment of £150. A couple of days later, the solicitor contacted me embarrassingly acknowledging that they were not on the TSB 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 TSB 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.
Is it necessary to take out insurance to cover chancel repairs when acquiring a residence in Clare?
Unless a prior purchase of the premises took place after 12 October 2013 you may assume that lawyers delivering conveyancing in Clare to remain encouraging a chancel search and or chancel repair liability insurance.
I'm refinancing my current house to a BTL loan with Skipton Building Society and I will use the ballance of the raised equity as a down payment on a second property. The neighborhood we are talking about is Clare. Will your conveyancers be able to act for the two banks and link together the transactions?
Do use our comparison tool on this page to be sure that the solicitors are approved by both mortgage companies. On the basis that they are your lawyer should be able to simultaneously deal with the two conveyancing matters but you should talk with you conveyancer and communicate your expectations and needs.
Can you offer any advice when it comes to choosing a Clare conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a solicitor for your lease extension (regardless if they are a Clare conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you make enquires with two or three firms including non Clare conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be helpful:
How many lease extensions have they carried out in Clare in the last 12 months? What are the costs for lease extension conveyancing?
I acquired a studio flat in Clare, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable flats in Clare with an extended lease are worth £222,000. The ground rent is £50 per annum. The lease ceases on 21st October 2090
With just 71 years left to run the likely cost is going to span between £9,500 and £11,000 plus legals.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of detailed due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before seeking the advice of a professional.
I have recently placed an offer on a leasehold flat in Clare and the broker that we are dealing with suggested his lawyer. She quoted £900 including VAT and 3rd party costs. Does this sound reasonable?
Don't just go on a single estimate. You should obtain like-for-like quotes for your conveyancing in Clare. Then select one that you are comfortable with and crucially, is on the approved panel of the lender that you have applied for a mortgage from.