We are selling our house in Trimdon. Will the conveyancer have to be on the Bank of Ireland conveyancing panel in order to deal with redeeming my mortgage?
Ordinarily, even if your lawyer is not on the Bank of Ireland conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently at the moment.
Me and my brother own a 4 bedroom Victorian property in Trimdon. Conveyancing solicitor acted for me and Platform Home Loans Ltd. I did a free Land Registry search last week and there are a couple of entries: one for freehold, the second leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register for 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 Trimdon and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing solicitor who carried out the work.
As co-executor for the estate of my aunt I am selling a residence in Cardiff but live in Trimdon. My solicitor (approximately 235 kilometers from merequires that I execute a stat dec before completion. Could you suggest a conveyancing solicitor in Trimdon who can attest this legal document for me?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or solicitor will do regardless of whether they are Trimdon based
I have just appointed agents to market my basement apartment in Trimdon. Conveyancing has not commenced, however I have recently received a half-yearly maintenance charge demand – should I leave it to the buyer to sort out?
It best that you pay the invoice as you normally would as all ground rent and maintenance payments will be allotted on completion, so you should recover the relevant percentage by the buyer 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. Having a clear account will assist your cause and will leave you no worse off financially.
I purchased a ground floor flat in Trimdon, conveyancing having been completed in 1997. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Trimdon with an extended lease are worth £176,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease runs out on 21st October 2100
With 80 years left to run we estimate the premium for your lease extension to span between £8,600 and £9,800 as well as costs.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed investigations. Do 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. You should not move forward placing reliance on this information before getting professional advice.
I was told by my bank that their panel solicitors work on no completion no charge basis for conveyancing in Trimdon. My purchase aborted yet the conveyancers want search fees! They are claiming that the fees are nothing to do with their fees!
Trimdon conveyancing search charges are separate expenses not legal fees as these are paid to independent parties.