Is the fact that my conveyancer in Mawsley is not on my lender's solicitor panel that there is a problem with the quality of the firm’s conveyancing?
It would not be wise to jump to that conclusion. There are all sorts of perfectly plausible explanations. A recent report by the solicitors regulator indicated that over three quarters of law firms surveyed had been removed from at least one lender panel. The top 5 reasons are as follows: (1) low volume of transactions (2) the solicitor is a sole practitioner (3) as part of the HSBC panel reduction (4) regulatory contact by SRA (5) accidental removal. If you are concerned you should simply call the Mawsley conveyancing practice and enquire why they are no longer on the approved list for your lender.
Can I use your services to locate a Conveyancing solicitor in Mawsley even if I’m not purchasing or disposing of a house, for instance if I wish to buy an office in Mawsley with a mortgage from Lloyds TSB Bank?
Our comparison service is mainly there to select domestic conveyancing solicitors in Mawsley but we have recorded towards the bottom of this page some Mawsley commercial conveyancing firms. You will need to make contact with the firm directly to establish if they are also authorised to represent Lloyds TSB Bank
We are purchasing a 3 bedroom semi in Mawsley. The intention is to carry out an extension to the side at the property.Will legal due diligence on the property involve checks to ascertain if these works are permitted?
Your property lawyer should review the deeds as conveyancing in Mawsley will on occasion identify restrictions in the title documents which prohibit categories of alterations or necessitated the consent of a 3rd party. Many extensions require local authority planning consent and approval in compliance with building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. It would be wise to check these things with a surveyor prior to committing yourself to a purchase.
When it comes to lenders such as Coventry BS, do Mawsley property lawyers have to pay a yearly amount to be on the conveyancing panel?
We are unaware of any mortgage company fees to be on their list of approved firms, although some do charge an administration charge to deal with the processing of the conveyancing panel submission.
I have decided to exercise my right to buy my property in Mawsley off the council. I have a mortgage offer with Skipton. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Skipton, you will need to appoint a solicitor on the Skipton conveyancing panel.
I have been sourcing a conveyancing lawyer in Mawsley for my house move. Can I check a firm’s record with the profession’s regulator?
You may search for published Solicitor Regulator Association (SRA) decisions arising from investigations commenced on or after 1 January 2008. Go to Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's history, telephone 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, call +44 (0)121 329 6800. The regulator could recorded call for training requirements.
Can you offer any advice when it comes to finding a Mawsley conveyancing practice to deal with our lease extension?
If you are instructing a solicitor for your lease extension (regardless if they are a Mawsley conveyancing firm) it is most important that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you talk with several firms including non Mawsley conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be of use:
Can they put you in touch with clients in Mawsley who can give a testimonial? If they are not ALEP accredited then why not?
I inherited a 1st floor flat in Mawsley, conveyancing having been completed in 1995. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Mawsley with an extended lease are worth £222,000. The average or mid-range amount of ground rent is £50 levied per year. The lease runs out on 21st October 2089
With just 71 years left to run we estimate the premium for your lease extension to range between £9,500 and £11,000 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 cannot give you a more accurate figure without more detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.