We note that you have a post code search directory listing law firms on the Bank of Ireland conveyancing panel. Do companies pay you a referral fee if I retain them for our conveyancing in Walton?
We are a listing service only for law firms wishing to communicate if they are on the Bank of Ireland conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Walton.
The Walton conveyancing firm that just started acting on my purchase in Walton have without warning closed. I only went with them because I had to have a lawyer on the Yorkshire BS conveyancing panel and my preferred Walton lawyer was not. I gave my credit card details for them to take £195 for searches. What should be my next steps?
Assuming that you have an Estate Agent in the equation then let them know straight away so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Yorkshire BS 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 have been on the look out for a leasehold apartment up to £235,500 and identified one close by in Walton I like with a park and station in the vicinity, the downside is that it's only got 49 years on the lease. There is not much else in Walton suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a mortgage that many years will be a potential deal breaker. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you could ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.
We are 17 days into a freehold purchase having been recommend to solicitors by the high street agent to do our conveyancing in Walton. I am am very frustrated with the level of service. Could you you assist me in finding new lawyers?
They would need to be really bad in order to consider changing them. Has your loan offer been issued? If so you will need to inform them of the new solicitor and have the offer are re-sent. Your solicitor ideally needs to be on the banks approved list to avoid escalating expenses and complications. So that should be your starting point. The find a solicitor tool will assist you in finding a bank approved conveyancer for your conveyancing in Walton
Estate agents have just been given the go-ahead to market my basement flat in Walton.Conveyancing is yet to be initiated but I have just received a quarterly maintenance charge invoice – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should clear the service charge as usual as all ground rent and maintenance charges should be apportionedon completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless 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