The Sutton on Trent conveyancing lawyers that I appointed last week on my purchase in Sutton on Trent have without warning closed. They were on acting for me because I needed a lawyer on the Nationwide conveyancing panel and my previous Sutton on Trent lawyer was not. I paid them £170 in advance. What are my options?
If you have an estate agent involved then let them know immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Hopefully they will 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 Nationwide 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 lawyers may be able to help.
I am due to move house in November. Should my conveyancing solicitor call the removal company on the day of completion. On a separate note, can you suggest a removal company in Sutton on Trent. Conveyancing lawyer was chosen prior to coming across this website.
On the afternoon of completion you can pick up the keys from the estate agent however this can only be done after the sellers solicitors inform the agent that they acknowledge receipt of the completion payment and the keys can be passed over. After that you will need to inform the removal men that they can start moving you in. As a matter of policy we do not recommend a specific removal organisation but can assist you in finding a residential property solicitor in Sutton on Trent or a legal practice with expertise in conveyancing in Sutton on Trent.
We had chosen conveyancers with offices in Sutton on Trent on the Lloyds solicitor approved list. They are now charging me a separate fee for handling the Lloyds mortgage. Is this a supplemental conveyancing fee set by Lloyds?
Provided it is contained in their Terms of Engagement or Quote then yes your solicitor may levy a fee for this. The charge is not set by Lloyds but by your Sutton on Trent solicitor. Numerous firms on the Lloyds panel will quote ’dealing with mortgage’ fee but some practices include it on their overall fee.
We have agreed to purchase a house in Sutton on Trent. A rare aspect is that the roof has a solar panel. Solicitors conducting should look into this right? Will my lender Nationwide be concerned?
Given that you are obtaining a mortgage with Nationwide your lawyer must check the formal requirements outlined in Section two of UK Finance Lenders’ Handbook for Nationwide. The Council of Mortgage Lenders’ Handbook contains minimum provisions for solar panel roof-space leases, and lawyers are required to report to Nationwide where a lease does not meet these specifications. The conditions relate to the installation of panels on properties nationwide and is not isolated to Sutton on Trent.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and found one close by in Sutton on Trent I like with amenity areas and station nearby, the downside is that it only has 61 remaining years left on the lease. I can't really find anything else in Sutton on Trent in this price bracket, so just wondered if I would be making a grave error buying a short lease?
If you require a home loan the shortness of the lease will be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you may request that they commence the lease extension formalities and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
As co-executor for the will of my uncle I am disposing of a house in Monmouth but live in Sutton on Trent. My lawyer (who is 250 miles from merequires that I sign a statutory declaration before the transaction finalising. Can you recommend a conveyancing lawyer in Sutton on Trent who can witness and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are Sutton on Trent based
Estate agents have just been given the go-ahead to market my basement apartment in Sutton on Trent. Conveyancing solicitors are to be appointed soon, but I have recently had a half-yearly service charge invoice – should I leave it to the buyer to sort out?
It best that you pay the maintenance contribution as normal because all rents and service charges will be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I bought a 1 bedroom flat in Sutton on Trent, conveyancing having been completed in 2005. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in Sutton on Trent with a long lease are worth £171,000. The ground rent is £50 invoiced annually. The lease comes to an end on 21st October 2104
With just 79 years remaining on your lease we estimate the price of your lease extension to be between £7,600 and £8,800 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 the actual costs without more comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.