I am expecting a mortgage with Halifax. I would like to employ the services of a Licensed Conveyancer in Rothbury. Does the Halifax Conveyancing panel allow for Licensed Conveyancers?
The Halifax conveyancing panel is, like many other lenders, associated to the CML or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I used Stirling Law several years past for my conveyancing in Rothbury. I now require my file but the law firm is no longer operating. What do I do?
You should call 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 Rothbury of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How does conveyancing in Rothbury differ for newly converted properties?
Most buyers of new build premises in Rothbury contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is ready to move into. This is because new home sellers in Rothbury typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Rothbury or who has acted in the same development.
My husband and I are novice buyers - had an offer accepted, but the property agent told us that the owners will only go ahead if we appoint their preferred conveyancers as they are insisting on a ‘quick sale’. My instinct tells me that we should use a local solicitor accustomed to conveyancing in Rothbury
It is unlikely the sellers are driving this. Should the owner require ‘a quick sale', turning down a serious buyer is is going to put the whole deal at risk. Speak to the owners direct and make the point that (a)you are serious purchasers (b)you are excited to move forward, with finances in place © you are unencumbered (d) you wish to move quickly (e)but you will continue to appoint your own,trusted Rothbury conveyancing firm - not the ones that will provide their negotiator at the agency a introducer fee or meet his conveyancing figures demanded by head office.
Can you offer any advice when it comes to appointing a Rothbury conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a solicitor for lease extension works (regardless if they are a Rothbury conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you speak with two or three firms including non Rothbury conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be helpful:
How familiar is the firm with lease extension legislation? How many lease extensions have they conducted in Rothbury in the last 12 months?
I purchased a leasehold flat in Rothbury, conveyancing having been completed September 2009. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Rothbury with a long lease are worth £179,000. The ground rent is £65 per annum. The lease ceases on 21st October 2076
With only 57 years unexpired we estimate the price of your lease extension to span between £26,600 and £30,800 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.