IfI was to buy a straightforward homein Little Oakley mortgage fee and dispense with a survey and no conveyancing searches how much could I expect to have to pay for conveyancing in Little Oakley?
Any savings you would gain will be isolated to the disbursement for searches. A solicitor still be obliged to do everything else - money laundering, communicating with the sellers conveyancing practitioner, SDLT return, register the property etc. You might save a bit for them not having to register a charge however it won't be a lot.
We see that you have a post code search directory identifying firms on the Co-operative conveyancing panel. Do companies pay you a commission if I instruct them for our conveyancing in Little Oakley?
We are a listing service only for law firms wishing to communicate if they are on the Co-operative conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Little Oakley.
Me and my brother have a 4 bedroom Georgian house in Little Oakley. Conveyancing solicitor represented me and Yorkshire Building Society. I did a free Land Registry search last week and there are two entries: the first freehold, the second leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register as there may be 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 Little Oakley and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with the conveyancing lawyer who conducted the purchase.
I have just appointed agents to market my ground floor apartment in Little Oakley. Conveyancing solicitors are to be appointed soon, however I have recently received a half-yearly maintenance charge demand – what should I do?
It best that you pay the maintenance contribution as usual as all ground rent and maintenance payments will be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Little Oakley Leasehold Conveyancing - A selection of Queries Prior to buying
Are there any major works anticipated that will increase the service costs? It would be sensible to find out as much as possible regarding the managing agents as they will impact your use and enjoyment of the property. Being a leasehold owner you are often in the clutches of the managing agents from a financial perspective and when it comes to every day issues such as the upkeep of the communal areas. Ask other tenants if they are happy with them. On a final note, be sure you know the dates that the maintenance fees are due to the relevant party and specifically how they are spending that money. How long is the Lease?
Do I cancel the direct debit for my mortgage with Co-operative once a completion date for my home sale in Little Oakley has been agreed?
You are best advised to maintain paying any mortgage payments to Co-operative pending the mortgage being paid off on completion as part of your Little Oakley conveyancing.