Do the conveyancing solicitors indexed on your site handle right to buy conveyancing in Groby?
We have identified plenty of conveyancing practitioners who can handle right to buy transactions Do call us to secure a costs calculation.
Please explain the implications if my lawyer’s firm is suspended from the Lloyds Conveyancing panel ahead of completing my conveyancing in Groby?
The first thing to point out is that, this is very unlikely to happen. 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.
I am assisting my aunt sell her property in Groby. Will the solicitor commission the energy performance certificate or should I organise this?
Following the abolition of Home Packs, EPC’s remained a required element of selling a property. An energy performance certificate must be to hand prior to the property being advertised. This is not something that lawyers normally organise. If you are instructing a Groby conveyancing practitioner they may help arrange EPC’s due to their contacts with reputable Groby providers
I just bought a house at auction in Groby. Conveyancing is necessary. What is next?
Having for all intents and purposes signed on the dotted line you now have to instruct a conveyancing solicitor soon as you now have a tight a drop dead date to complete the deal. An auction property will have an associated auction pack. This will likely include evidence of title and search results. If you have purchased leasehold property the legal papers should provide a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork relating to a leasehold property. You must pass this on to your appointed conveyancing solicitor at the earliest opportunity. You also need to ensure that that you have the requisite funding organised to complete on the date specified in the contract.
Planning on purchasing a maisonette in Groby. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Principality conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Groby conveyancing practitioner is on the Principality conveyancing panel.
I need to instruct a conveyancing solicitor for leasehold conveyancing in Groby. I happened to stumble across a site which appears to be the perfect solution If there is a chance to get all the legals completed via web that would be ideal. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
We own a leasehold flat in Groby. Conveyancing was finalised in 2009. I have been told that I should not allow the lease length get too short. Why is that a problem?
Groby leasehold properties are for a prescribed period - normally 99 years when they started. However many appartments in Groby were constructed or converted 30 or more years ago and so these leases now have under 80 years unexpired. This may seem like a long time however Banks, Building Societies and other mortgage companies generally need leases to have a minimum of seventy five years unexpired to be mortgageable. Accordingly when you come to sell the property you will need to extend the term of your lease if you are nearing eighty years. To enhance the marketability of your property you should be considering whether to extend your lease well in advance of selling the property. You should note that there are significant benefits to taking action before the lease reaches even eighty years as when the lease is below 80 years the premium to be paid to extend starts to get a lot more expensive.