Do banks and building societies provide you with an approved list of Weymouth conveyancing solicitors? How do you know who is on the Nationwide conveyancing panel?
Weymouth conveyancing firms themselves provide us confirmation that they are on the Nationwide conveyancing panel as opposed to being supplied with a list from Nationwide directly.
I am planning on selling our property in Weymouth and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. A high street Weymouth lawyer would know that there is no such problem. It does beg the question why the purchasers instructed a national conveyancing practice as opposed to a conveyancing solicitor in Weymouth. Having lived in Weymouth for 5 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to obtain clarification need.
It would appear that you have a conveyancing firm 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 life insurance to cover that same sickness)
How does conveyancing in Weymouth differ for newly converted properties?
Most buyers of new build premises in Weymouth contact us having been asked by the seller to exchange contracts and commit to the purchase even before the property is finished. This is because builders in Weymouth tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Weymouth or who has acted in the same development.
I am looking for a conveyancing solicitor in Weymouth for my sale. Is there any facility to see a solicitor's record with the profession’s regulator?
One can search for presented Solicitor Regulator Association (SRA) decisions arising from inquisitions from 2008 onwards. Visit Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's record, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, call +44 (0)121 329 6800. The regulator sometimes recorded call for training reasons.
I have just started marketing my ground floor apartment in Weymouth. Conveyancing has not commenced, however I have just had a quarterly service charge demand – Do I pay up?
It best that you pay the maintenance contribution as you normally would because all rents and maintenance invoices should be apportioned on 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 managing agents 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.
I inherited a split level flat in Weymouth, conveyancing was carried out 5 years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in Weymouth with a long lease are worth £176,000. The average or mid-range amount of ground rent is £55 yearly. The lease finishes on 21st October 2069
With 50 years left to run we estimate the premium for your lease extension to range between £31,400 and £36,200 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.