My Solicitor in Hucknall is not on the Aldermore Conveyancing Panel. Is it possible for me to use my prefered solicitor even though they are not on the Aldermore approved list?
Your options are as follows:
- Carry on with your existing Hucknall lawyers but Aldermore will need to use a solicitor on their panel. This will inevitably rack up the overall legal fees and cause delays.
- Choose an alternative practitioner to to deal with the conveyancing, obviously checking they are Persuade your conveyancer to do everything within their powers to join the Aldermore conveyancing panel
I've recently found out that there is a flying freehold issue on a house I put an offer in two weeks back in what should have been a quick, no chain conveyancing. Hucknall is the location of the property. What do you suggest?
Flying freeholds in Hucknall are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hucknall you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hucknall may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
How simple is it to swap solicitor as I need to choose one who is on the The Mortgage Works conveyancing list. I had appointed a high street conveyancing solicitor in Hucknall round the corner but he is not approved by The Mortgage Works
We will our best to assist in finding you a conveyancing solicitor in Hucknall on the The Mortgage Works panel. Please note that the solicitors that we list do not pay us commission if you instruct them and are under regulation of the Solicitors Regulation Authority who regulate all conveyancing solicitors in Hucknall. Using the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Hucknall.
My father has suggested that I appoint his conveyancers in Hucknall. Should I choose my own property lawyer?
No doubt it’s preferable to select a conveyancing practitioner is to seek recommendations from friends or relatives who have actually experience in using the solicitor that you are contemplating using.
I've recently bought a leasehold property in Hucknall. Am I liable to pay service charges for periods before my ownership?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I purchased a 1 bedroom flat in Hucknall, conveyancing formalities finalised in 1995. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Hucknall with an extended lease are worth £185,000. The ground rent is £65 per annum. The lease comes to an end on 21st October 2086
With just 61 years remaining on your lease we estimate the premium for your lease extension to range between £18,100 and £20,800 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.