My wife and I have recently appointed a conveyancing solicitor in Wiveliscombe. I need to find out if they are on the Barclays conveyancing panel. Could you advise?
The first thing to do is call your lawyer and enquire whether they can act for the bank. Otherwise you should get in touch with Barclays who may be able to confirm.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Wiveliscombe is where the house is located. What do you suggest?
Flying freeholds in Wiveliscombe are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Wiveliscombe you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wiveliscombe 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.
My husband and I are 14 days into a leasehold purchase having been referred to a firm by the estate agent to perform conveyancing in Wiveliscombe. I am am starting to be dissatisfied with the level of service. Could you you assist me in finding new solicitors?
They would need to be very bad in order to consider changing them. Has the loan offer been issued? In the event that it has you must make them aware of the new contact details and have the loan are issued to the new lawyers. The conveyancer needs to be on the lenders panel to avoid supplemental expenses and delays. So that should be your starting point. Our search tool will help you find a bank approved solicitor for your conveyancing in Wiveliscombe
Expecting to complete next month on a basement flat in Wiveliscombe. Conveyancing solicitors have said that they will have a report out to me tomorrow. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Wiveliscombe should include some of the following:
The unexpired lease term. You should receive guidance as what happens when the lease ends, and aware of the importance of not letting the lease term falling below eighty years Whether the landlord has obligations to ensure rights of quiet enjoyment over your property and do you know what it means in practice? Information as to the provision in the lease to to contribute towards maintenance costs - in relation to the building, and the wider rights a lessee enjoys Defining your rights in respect of the communal areas in the building.By way of example, does the lease contain a right of way over an accessway or hallways? Whether your lease caters for for a slush fund?
I own a 2 bed flat in Wiveliscombe, conveyancing having been completed half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in Wiveliscombe with over 90 years remaining are worth £186,000. The ground rent is £55 invoiced every year. The lease runs out on 21st October 2072
With 53 years left to run we estimate the price of your lease extension to range between £27,600 and £31,800 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 provide the actual costs without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional issues 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 based on this information without first getting professional advice.
I bought a property in Wiveliscombe last 16/4/2018 and to date it is still not registered with the Land Registry. It was part of a new estate and my lawyer told me that it can take twelve months to complete the registration formalities. I have spoken with HMLR directly and they say that the original application was cancelled due to questions not being addressed in time. What can I do?
It is your conveyancer that you really need to turn to here in order to satisfy any questions which have been raised as part of the registration process for your Wiveliscombe property. Normal Wiveliscombe conveyancing practice includes an undertaking on the part of the seller's solicitor that they will assist in resolving any requisition raised by HMLR so it may be a case of taking action to enforce that undertaking if necessary.