When will exchange of contracts take place for sale conveyancing in Moseley and am I required to be at the lawyers office?
If you are round the corner to one of the conveyancing solicitors in Moseley you are invited in to sign the paperwork. However, the firms we recommend provide countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when dealing with you electronically. The executing of the contract is not the critical part. Signing on the dotted line is necessary for the solicitor to address the formalities at the appropriate time, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in play, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Moseley)to be in the office available at the end of the phone to exchange contracts.
We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Is the implication that I have to instruct their panel solicitor as I would prefer to instruct a Moseley based conveyancing firm?
Do check but the the probability is that appoint one of their panel solicitors where you take up the "fee-free" deal. Call the lender to explore if they make available a monetary alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor near Moseley.
I just acquired a property at auction in Moseley. Conveyancing is necessary. What are my next steps?
Having for all intents and purposes signed on the dotted line you should find a conveyancing lawyer soon as you will have a fast approaching a drop dead date to complete the property. Every auction property should have a bespoke auction set of papers. This will include most,if not all of the documents that your solicitor will need. In the case of leasehold property the conveyancing pack should contain a copy of the lease, management information and a sellers leasehold information form and other conveyancing paperwork specific to a leasehold property. You should give this to the lawyer instructed by you ASAP. You also need to ensure that that you have the requisite funding in order to complete the transaction on the set completion date.
I am currently in the process of buying my council flat in Moseley. I have a mortgage agreed with TSB. 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 TSB, you will need to appoint a solicitor on the TSB conveyancing panel.
Intending to buy a apartment in Moseley. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Lender if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Leeds Building Society conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Moseley property lawyer is on the Leeds Building Society conveyancing panel.
I am on look out for some leasehold conveyancing in Moseley. Before I set the wheels in motion I require certainty as to the number of years remaining on the lease.
Assuming the lease is recorded at the land registry - and 99.9% are in Moseley - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the registered owner of a basement flat in Moseley, conveyancing having been completed March 1998. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding properties in Moseley with over 90 years remaining are worth £211,000. The ground rent is £50 charged once a year. The lease comes to an end on 21st October 2091
With only 68 years remaining on your lease we estimate the price of your lease extension to span between £9,500 and £11,000 as well as legals.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.
I need to find a bank panel solicitor in Moseley. Could you help me?
Unfortunately it’s not apparent why you need a Moseley panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to the mortgage company to find out which solicitors in Moseley are on their panel . If you do find such a firm in Moseley not listed please direct them to our site to list. After all the cost is only one £1 a month