Just been in touch with my conveyancing solicitor in Shillington who acted for me 18 months ago asking for a conveyancing costs illustration based on the same type of house move (a leasehold residence and a freehold premises) of almost identical values with a home loan from Aldermore. It looks as though am now being charged double. Better the devil I know or should I try and find an alternative firm of conveyancing solicitor?
The estimate fees seem a little high. Where you are willing to spend time scrutinising prices you may be able to decrease the fees slightly by perhaps £100 plus VAT. That being said, if you were content with the assistance the firm gave you couldcome to rue opting for an an untested lawyer. Don't forget to be sure that the solicitor can represent Aldermore. Do use our search tool to select a Shillington conveyancing firm on the Aldermore member panel, which can often include conveyancing solicitors in Shillington.
This question may be naive but I am wet behind the ears as FTB of a ground floor flat in Shillington. Do I receive the keys to the house on the completion date from my lawyer? If this is the case, I will appoint a High Street conveyancing solicitor in Shillington?
On the day of completion you do not need to attend the conveyancers office in Shillington. Conveyancing lawyers for you will electronically transfer the purchase money to the vendor’s conveyancers, and once they have received this, you will be called to pick up the keys from the Estate Agents and move into your new home. This tends to happen between 1 and 3pm.
Is there a list of Skipton panel solicitors in Shillington on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such facility on the Council of Mortgage Lenders or Building Society Association websites. A small selection of lending institutions make their panel listings open the public online. If you are in need of a Shillington conveyancer on the Skipton please make the most of our facility.
I am due to exchange contracts on my flat. I had a double glazing fitted in December 2010, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s lender, HSBC are being pedantic. The Shillington solicitor who is on the HSBC conveyancing panel is recommending indemnity insurance as a solution but HSBC are requiring a building regulation certificate. Why do HSBC have a conveyancing panel if they don't accept advice from them?
It is probably the case that HSBC have referred the matter to their valuer. The reason why HSBC may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
My wife and I have a terraced Georgian house in Shillington. Conveyancing lawyer acted for me and Nationwide Building Society. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold with the matching address. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Shillington and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the situation with the conveyancing solicitor who completed the work.
My brother has suggested that I instruct his lawyers for conveyancing in Shillington. Should I find my own conveyancer?
There are no two ways about it it’s preferable to choose a conveyancing practitioner is to seek referrals from friends or relatives who have actually used the firm that you are contemplating using.
I own a leasehold flat in Shillington. Conveyancing was finished in 2011. I have read on various advice forums that I should not allow the lease length fall too short. Why is that a problem?
Shillington leasehold properties are for a prescribed period - normally just under one hundred years when they commenced. However many appartments in Shillington were built or converted in the 60’s and so these leases now have fewer than eighty years left to run. This may sound like a long time but Banks, Building Societies and other mortgage companies on the whole require leases to have a minimum of seventy five years unexpired to adequate security. Accordingly when you come to sell the property you will need to extend the term of your lease if you are getting close to 75 years. To maximise the saleability of your property you should be thinking about whether to extend your lease long before you come to sell it. Furthermore significant benefits to taking action before the lease hits eighty years as when the lease falls below eighty years the premium to be paid to extend starts to increase.