Recently been in touch with my conveyancing solicitor in Saltdean who conducted the legals two years ago requesting a conveyancing costs illustration based on an identical type of house sale & purchase (a leasehold residence and a freehold premises) of similar values with a loan from Santander. I am now being charged twice the amount. Should I look for an alternative conveyancer?
The estimate does seem a tad steep. If you are happy to invest time comparing costs you could shave off some of the cost by as much as a hundred pounds. On the other hand, assuming were content with the assistance the firm gave you mightcome to rue choosing an a cheaper conveyancer. Remember to check the firm can act for Santander. You can employ our search tool to find a Saltdean conveyancing firm on the Santander member panel, which can often include conveyancing solicitors in Saltdean.
The Saltdean conveyancing solicitors that I appointed last week on my house acquisition in Saltdean have without warning shut down. They were on acting for me because I needed a lawyer on the Santander conveyancing panel and my preferred Saltdean lawyer was not. I paid them 275 plus VAT in advance. What do I do now?
If you have an estate agent involved then inform them immediately so that they can let the sellers know that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Santander conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to help.
Do I select a Licenced Conveyancer or Solicitor for conveyancing in Saltdean?
Two types of professional can do conveyancing in Saltdean namely licenced conveyancers or solicitors. Both professionals handle conveyancing services that required to complete the disposal or acquisition of property. Both are duty bound to carry out Saltdean conveyancing on similar quality and guidelines so you can be sure that your conveyancing will be professionally administered and that the requirements and procedures should be correctly followed.
Is it correct that all Saltdean CQS (Conveyancing Quality Scheme) solicitors are on the Santander conveyancing panel?
A selection of banks and building societies now make use of CQS as the starting point for Panel membership such as HSBC and Santander. The Law Society’s CQS accreditation however gives no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to join their panels.
Does a directory service exist listing Principality panel solicitors in Saltdean on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. A small selection of lenders make their panel listings visible online. Where you are in need of a Saltdean lawyer on the Principality please make the most of our facility.
I know that there are debates on Chancel Insurance on online forums. Am I compelled to take this when buying a property in Saltdean? or Apparently there is an ancient law that could mean that owners of property residing in a parish church boundary may be liable to contribute towards repairs towards the chancel in proximity to the church. Is this a legitimate concern for conveyancing in Saltdean?
Unless a prior acquisition of the premises completed post 12 October 2013 you may expect lawyers delivering conveyancing in Saltdean to continue to recommend a chancel search and or insurance against a claim.
I am hoping to put an offer on a small detached house that seems to be perfect, at a great figure which is making it all the more appealing. I have just been informed that the title is leasehold as opposed to freehold. I would have thought that there are particular concerns purchasing a leasehold house in Saltdean. Conveyancing lawyers have are about to be appointed. Will my lawyers set out the implications of buying a leasehold house in Saltdean ?
Most houses in Saltdean are freehold and not leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can help the conveyancing process. It is clear that you are buying in Saltdean in which case you should be shopping around for a Saltdean conveyancing solicitor and check that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. As a leaseholder you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as requiring the freeholder’spermission to carry out alterations. It may be necessary to pay a service charge towards the upkeep of the estate where the property is part of an estate. Your solicitor will advise you fully on all the issues.
Saltdean Conveyancing for Leasehold Flats - Sample of Queries Prior to buying
Are any of leasehold owners in arrears of their service charge payments? On the whole the outlay for major works tend not to be wrapped into the service charges, albeit that some managing agents in Saltdean obliged leaseholders to pay into a reserve fund created for the specific intention of establishing a fund for major repairs or maintenance. Many Saltdean leasehold properties will be liable to pay a service charge for maintenance of the building set on behalf of the landlord. Should you purchase the property you will have to pay this contribution, usually periodically accross the year. This could vary from a few hundred pounds to thousands of pounds for bigger purpose-built blocks. In all likelihood there will be a ground rent for you to pay annual, normally this is not a large figure, say around £25-£75 but you should to enquire it because sometimes it could be surprisingly expensive.