Just been in touch with my conveyancing lawyer in Dingle who conducted the legals two years ago and wanted a conveyancing quote based on the same type of house sale & purchase (a leasehold residence and a freehold premises) of similar values with a mortgage from Nottingham Building Society. It looks as though am now being charged twice the amount. Stick with what I know or do I try and find a cheaper internet property lawyer?
The charges are a little high. If you shop around you might reduce the fees slightly by say £100 plus VAT. That being said, providing that you were pleased with the conveyancing the firm provided you couldcome to regret choosing an a cheaper solicitor. Don't forget to check the conveyancer can represent Nottingham Building Society. Do utilise our search tool to select a Dingle conveyancing firm on the Nottingham Building Society conveyancing panel, which can often include conveyancing solicitors in Dingle.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Dingle. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 7/7/2019, the requirements read as follows :
We are purchasing a house and the lawyer has raised the issue of Chancel Repair to which the property could be obligated to contribute to given it’s proximity to the area of such a church. He has mentioned insurance. Is this strictly required for conveyancing in Dingle
Unless a previous purchase of the house completed post 12 October 2013 you may assume that conveyancing practitioners carrying out conveyancing in Dingle to remain recommending a chancel search and or chancel repair liability insurance.
I own a renovated Edwardian house in Dingle. Conveyancing practitioner represented me and Accord Mortgages Ltd. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold under the matching address. I'd like to know for sure, how can I find out??
You should read 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Dingle and other areas of 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 buyers. You can also question the position with the conveyancing practitioner who carried out the work.
I am on look out for some leasehold conveyancing in Dingle. Before I set the wheels in motion I would like to find out the unexpired term of the lease.
If the lease is registered - and most are in Dingle - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Dingle Leasehold Conveyancing - A selection of Queries before Purchasing
What is the service charge and ground rent on the property? Many Dingle leasehold properties will be liable to pay a service bill for the upkeep of the building set by the management company. Where you acquire the apartment you will have to pay this liability, normally quarterly accross the year. This could differ from several hundred pounds to thousands of pounds for bigger purpose-built buildings. In all probability there will be a ground rent to be met yearly, ordinarily this is not a significant amount, say about £25-£75 but you should to enquire it because occasionally it could be many hundreds of pounds.