Me and my partner are buying a apartment in Sheldon. It might be a silly question but how we can trust a lawyer? At some point we will need to deposit money into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I happen to be the sole beneficiary of my late mum's will and I have everything in my name now, including the house in Sheldon. Conveyancing formalities meant that the Land Registry date was in December. I want to move. I do know about the CML six month 'rule', meaning my proprietorship could be regarded the same way as though I had purchased the property in December. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook requires conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be caught by that. How sensible a view lenders take of it, depend on the lender as this clause chiefly exists to capture the purchase and immediately sell or the flipping of property.
We were going to get a OIP from Barclays this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Barclays recommend any Sheldon solicitors on the Barclays conveyancing panel, or is it better to go independently?
You will need to appoint Sheldon solicitors independently although you'll need to choose one on the Barclays conveyancing panel. The solicitor represents both you and Barclays through the process.
What can a local search tell me regarding the house I am buying in Sheldon?
Sheldon conveyancing often commences with the applying for local authority searches directly from your local Authority or through a personal search company such as Searches UK The local search plays an important role in most Sheldon conveyancing purchase; that is if you don’t want any nasty surprises after you move into your new home. The search will provide information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
How do I use the search app to get a quote from a conveyancing solicitor in Sheldon on the approved list for my mortgage?
First choose a bank such as Yorkshire Building Society, The Mortgage Works or Platform Home Loans Ltd then choose your location such as Sheldon. Conveyancing organisations in Sheldon and across England and Wales should be identified.
In my capacity as executor for the estate of my aunt I am disposing of a property in Cardiff but I am based in Sheldon. My solicitor (approximately 260 miles from mehas requested that I sign a stat dec ahead of completion. Can you recommend a conveyancing solicitor in Sheldon who can attest and place their company stamp on the document?
strictly speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will do regardless of whether they are located in Sheldon
I own a leasehold flat in Sheldon. Conveyancing and Birmingham Midshires mortgage are in place. I have received a letter from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1991. The conveyancing solicitor in Sheldon who previously acted has long since retired. What should I do?
The first thing you should do is make enquiries of the Land Registry to make sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to incur the fees of a Sheldon conveyancing practitioner to do this as it can be done on-line for a few pound. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I acquired a garden flat in Sheldon, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Sheldon with a long lease are worth £202,000. The ground rent is £60 per annum. The lease runs out on 21st October 2080
You have 57 years unexpired we estimate the premium for your lease extension to range between £28,500 and £33,000 plus professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.