Will conveyancers request money up-front for conveyancing in Kingsdown?
Where you are retaining lawyers for conveyancing in Kingsdown your lawyer will request that you to provide them with monies to cover the the cost of the conveyancing searches. This will be the total of the cost of the Local Authority Search. If any down payment is as part of the purchase price then this should be needed shortly in advance of contracts are exchanged. The closing balance that is due should be sent to your lawyer a few days prior to the completion date.
I am buying a property and require a conveyancing solicitor in Kingsdown who is on the Godiva Mortgages Ltd conveyancing. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Godiva Mortgages Ltd in certain locations such as Kingsdown. We dont recommend any particular firm.
I am assisting my mother sell her house in Kingsdown. Does the solicitor order an energy performance certificate or should I organise this?
Following the abolition of HIPs, energy assessments became a required part of selling a house. An EPC needs to be commissioned before the property is advertised. This is not as aspect of the sale process that conveyancers normally arrange. If you are instructing a Kingsdown conveyancing practitioner they may be able to arrange energy assessments given their contacts with reputable Kingsdown assessors
When it comes to mortgage companies such as Principality, do Kingsdown conveyancers incur an annual charge to be on the conveyancing panel?
We are unaware of any lender fees to be on their panel, although some do charge an administration fee to deal with the processing of the conveyancing panel application.
My sealed bid on a property in Kingsdown has been accepted, but there is a chain. The sellers have put an offer on a property, but it’s not been accepted yet, and are looking at other flats in the pipeline. I have selected a bricks and mortar conveyancing solicitor in Kingsdown. What do I do now? At what point should I apply for the mortgage with RBS?
It is understandable to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (home loan application is in the region of £1k, then valuation, Kingsdown conveyancing search costs, etc). First, you must check that your conveyancer is on the RBS conveyancing panel. As to the subsequent stages this very much dictated by the specifics of your case, motivation for this property and on the state of the market. In a rising market many buyers will apply for a home loan with RBS and arrange for the valuation and only if it was satisfactory would they ask their conveyancing practitioner to move forward with searches.
I have todayfound out that Arc property Solicitors have been shut down. They conducted my conveyancing in Kingsdown for a purchase of a leasehold apartment 9 months ago. How can I check that the property is not still registered in the name of the former proprietor?
The quickest way 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 Kingsdown conveyancing specialists.
I have been on the look out for a ground for flat up to £235,500 and found one round the corner in Kingsdown I like with amenity areas and station nearby, the downside is that it only has 52 years on the lease. There is not much else in Kingsdown for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a home loan that many years will be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this.