I require conveyancing for an apartment in a fairly new development (five years old) in Nottingham. The vast majority the appartments have already been sold. Do I need carry out the local searches for my conveyancing in Nottingham?
If you are purchasing a property with the assistance of a loan, your mortgage company will insist on some (many) of the searches so you'll have no choice. If not, then Nottingham conveyancing searches are for you to decide upon. Your solicitor, will ’encourage’, perhaps in the strongest possible terms, that you should have the searches done, but he or she is duty bound in this regard. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you insist that your lawyer to proceed without searches then your lawyer will have to follow your instructions or you may need to instruct a new lawyer for your conveyancing in Nottingham.
Finally the sale completed on my house in Nottingham last November yet the purchaser is calling me to say her conveyancer is waiting to hear from mylawyer. What should have happened now that I have sold?
Following your sale your solicitor should send the transfer deeds and all supplemental paperwork to the purchaser's lawyers. If applicable, your lawyer must also confirm that the legal charge in favour of the lender has been paid off to the buyers conveyancers. There is unlikely to be post completion steps just for conveyancing in Nottingham.
Do I have to pop into the offices of the solicitor to sign the mortgage deed? If so, I will choose one who does conveyancing in Nottingham so that I can pop in to their offices if necessary.
As opposed to 12 years ago, most banks no longer oblige their conveyancing panel lawyer to witness the borrowers signature. It will still be necessary for you to supply ID documents and there are still manifest benefits to instructing a local practitioner, in your case a conveyancing solicitor in Nottingham.
Are there any apps to help search for a Nottingham solicitor on the Britannia conveyancing panel? I drive a motor bike and am willing to travel upto 10miles to meet the conveyancer.
Feel free to make use of the tool on this page. Please choose the lender and your location and you will see a number of Nottingham conveyancing lawyers based on proximity. We have detailed some Nottingham conveyancing firms towards the end of this page and you can ring them to see if they are on the Britannia panel
If all goes to plan we aim to complete our sale of a £200,000 flat in Nottingham in just under a week. The freeholder has quoted £312 for Certificate of Compliance, building insurance schedule and previous years service charge statements. Is the landlord entitled to charge exorbitant fees for a leasehold conveyance in Nottingham?
Nottingham conveyancing on leasehold maisonettes normally necessitates the buyer’s lawyer submitting enquiries for the landlord to address. Although the landlord is not legally bound to address these enquiries most will be content to do so. They are at liberty to levy a reasonable administration fee for answering questions or supplying documentation. There is no upper cap for such fees. The average fee for the information that you are referring to is over three hundred pounds, in some transactions it is in excess of £800. The administration charge required by the landlord must be sent together with a summary of entitlements and obligations in relation to administration fees, without which the charge is not strictly payable. In reality you have no choice but to pay whatever is requested of you should you wish to exchange contracts with the buyer.
I acquired a 1st floor flat in Nottingham, conveyancing formalities finalised half a dozen years ago. 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 flats in Nottingham with an extended lease are worth £206,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease comes to an end on 21st October 2085
With 66 years unexpired we estimate the premium for your lease extension to be between £11,400 and £13,200 as well as legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure in the absence of detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.