I am expecting a mortgage offer from Santander. I would like to enlist the help of a Licensed Conveyancer in Markyate. Does the Santander Conveyancing panel allow for Licensed Conveyancers?
The Santander conveyancing panel is, like many other lenders, represented by the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the CLC.
The sellers of the property we are hoping to buy have appointed a conveyancing practitioner in Markyate who has insisted on a preliminary agreement with a non-refundable deposit two thousand pounds. Are such contracts generally advanced for Markyate conveyancing transactions?
This type of preliminary agreement isn't frequently used in Markyate, conveyancers are not keen on them as they detract from the main conveyancing focus and if you end up having your deposit forfeited then the solicitor at best left with an upset client and at worst a litigious one. Secondly, there is no certainty that just because the seller has entered into an exclusivity contract they will complete the sale with you. They may breach the contract if they are offered a large enough financial inducement to do so because a wronged purchaser with the benefit of a exclusivity agreement will still be obliged establish consequential losses from the breach and this may not equalise the extra amount that your vendor may gain by reneging on the agreement, no matter how morally condemnable it undoubtedly is.
I used Action Conveyancing several years past for my conveyancing in Markyate. Now, I need my documents but the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Markyate of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am looking for a leasehold apartment up to £195,000 and found one near me in Markyate I like with a park and railway links nearby, the downside is that it's only got 52 years unexpired on the lease. I can't really find anything else in Markyate in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term will be problematic. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of 2 years you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.
In scouring the internet for the term conveyancing in Markyate it shows results of many solicitorsin the area. How do I determine which is the right solicitor for purchase transaction?
The best way of finding the right conveyancer is via trusted testimonial, so seek the guidance of friends and family who have purchased a property in Markyate or a local estate agent or mortgage broker. Fees for conveyancing in Markyate vary, so it's sensible to secure a minimum of four fee calculations from different companies. Be sure to seek confirmation that the fees are fixed.