I am considering applying for a Kent Reliance mortgage for purchase of a newly converted (under development) in Felixstowe with 70% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Kent Reliance ?
In theory, you could use a solicitor that is not on the Kent Reliance conveyancing panel, but Kent Reliance would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
I have justdiscovered that Stirling Law have closed. They conducted my conveyancing in Felixstowe for a purchase of a leasehold flat 9 months ago. How can I be sure that the property is registered correctly in the name of the previous owner?
The easiest method to see if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Felixstowe conveyancing specialists.
What tools are available to identify a Felixstowe solicitor on the Alliance & Leicester conveyancing panel? I have wheels and am prepared to travel upto 10miles to meet the lawyer.
Feel free to make use of the search on this website. Please select a bank and your location and you will see a number of Felixstowe conveyancing lawyers located nearest you. We have detailed some Felixstowe conveyancing firms at the bottom of this page and you can telephone them to see if they are on the Alliance & Leicester panel
What are your top tips when it comes to appointing a Felixstowe conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a solicitor for your lease extension (regardless if they are a Felixstowe conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you speak with several firms including non Felixstowe conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be of use:
How familiar is the practice with lease extension legislation? Can they put you in touch with clients in Felixstowe who can give a testimonial?
I bought a studio flat in Felixstowe, 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? Corresponding properties in Felixstowe with a long lease are worth £206,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease runs out on 21st October 2085
With just 66 years unexpired we estimate the premium for your lease extension to range between £11,400 and £13,200 plus plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and you obviously should 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.
Online reading suggests that Felixstowe solicitors are more expensive than licensed conveyancers in Felixstowe to use when buying a property. Am I better off using a conveyancer or a solicitor if I am purchasing for my home move in Felixstowe.
When it comes to conveyancing in Felixstowe the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.