Do the conveyancing lawyers Indexed on your site execute auction conveyancing in Moreton?

There are a few auction lawyers we can put you in touch with those who can conduct auction conveyancing. Moreton is just one of our locations where our lawyers cover.

I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Moreton. My lender is Platform

Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 18/4/2024, the requirements read as follows :

Can you help - my lawyer says that chancel insurance is needed on my purchase. What is the level of cover for Moreton conveyancing?

The appropriate level of chancel indemnity insurance should be dictated by who your lender. It would differ for example between National Westminster Bank and Leeds Building Society. Conveyancing solicitors as opposed to borrowers take out such policies.

is it true that all Moreton conveyancing solicitors on the UBS conveyancing panel are overseen by the SRA?

As a firm of solicitors, in order to be on the UBS approved list of solicitors they would need to be overseen by the Solicitors Regulatory Authority. Some banks do allow licenced conveyancers on their panel in which case such practice would be overseen by the CLC.

Nationwide have agreed my mortgage in principle, my offer on a house in Moreton has been accepted, what happens next?

The property agent will wish to know who your solicitors are (be sure the conveyancing practitioners are on the bank’s panel). Contact Nationwide or your financial adviser and finalise any outstanding forms. Nationwide will sellect a valuer who will get in touch with the selling agent or vendor to schedule an appointment. Once conducted (assuming no problems) it takes about ten days for the mortgage offer to be issued. Nationwide will issue the offer to you and your conveyancing practitioners. The legal work will then take it’s course according the nature and complexity of the conveyancing in Moreton.

We are planning on selling our home in Moreton and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. A high street Moreton conveyancer would know this is not the case. For the life of me I don't know why the buyers instructed a web based conveyancing practice as opposed to a conveyancing solicitor in Moreton. Having lived in Moreton for 5 years we know of no issue. Should we get in touch with our local Authority to get clarification that there is no issue.

It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)

Last November I purchased a leasehold property in Moreton. Do I have any liability for service charges for periods before my ownership?

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 ensure 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 leasehold flat in Moreton, conveyancing was carried out September 2012. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Moreton with over 90 years remaining are worth £196,000. The ground rent is £45 per annum. The lease finishes on 21st October 2088

You have 64 years left to run we estimate the price of your lease extension to span between £15,200 and £17,600 plus professional fees.

The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of comprehensive 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 taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.