Is there a search tool that I can use to investigate if the solicitor conducting my conveyancing in Weldon is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for TSB thus spending £192.00 in another set of conveyancing invoice.
Please do take advantage of the find a lender approved solicitor tool on this page. Please choose the lender and type ‘Weldon’ or your preferred area and you will discover a number of lawyer located in Weldon or nearest you.
We are close to exchanging contracts on the sale of our house in Weldon and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any high street Weldon conveyancer would know this is not the case. For the life of me I don't know why the purchasers instructed a nationwide conveyancing outfit rather than a conveyancing solicitor in Weldon. Having lived in Weldon for 4 years we know that this is a non issue. Do we get in touch with our local Authority to obtain clarification that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. Are they able to advise? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
I've recently found out that there is a flying freehold issue on a property I put an offer in last month in what was supposed to be a simple, no chain conveyancing. Weldon is the location of the property. Can you offer any guidance?
Flying freeholds in Weldon are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Weldon you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Weldon may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
Am I best advised to use a Weldon conveyancing practitioner who is local to the property I am buying? An old friend can execute the legal formalities but her office is approximately 350kilometers away.
The primary upside of using a high street Weldon conveyancing practice is that you can pop in to execute paperwork, hand in your ID and apply pressure on them if necessary. They will also have local knowledge which is a bonus. That being said it's more important to get someone that will do a good and efficient job. If other friends have instructed your friend and the majority were happy that must outweigh using an unknown Weldon conveyancing solicitor solely due to them being based in the area.
Our conveyancer has advised that he intends to complete and exchange simultaneously on the sale of our £475,000 apartment in Weldon in 8 days. The freeholder has quoted £336 for Landlord’s certificate, insurance certificate and 3 years service charge statements. Is the landlord entitled to charge an administration fee for a flat conveyance in Weldon?
Weldon conveyancing on leasehold flats usually involves the buyer’s solicitor sending questions for the landlord to address. Although the landlord is not legally bound to address these enquiries the majority will be willing to do so. They are at liberty to levy a reasonable administration fee for responding to enquiries or supplying documentation. There is no set fee. The average fee for the paperwork that you are referring to is £350, in some transactions it is in excess of £800. The administration charge demanded by the landlord must be accompanied by a synopsis of rights and obligations in relation to administration charges, otherwise the charge is technically not due. In reality one has little option but to pay whatever is demanded should you wish to complete the sale of your home.
I own a studio flat in Weldon, conveyancing having been completed 5 years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Weldon with over 90 years remaining are worth £171,000. The ground rent is £50 per annum. The lease ceases on 21st October 2098
With only 79 years unexpired the likely cost is going to range between £8,600 and £9,800 plus legals.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before seeking the advice of a professional.