Do the conveyancing solicitors via your comparison service perform attended exchange conveyancing in Wollaton?

We do have a number of conveyancing experts carrying out one day exchanges. Please contact us to get a costs illustration and details as to dates.

My wife and I are purchasing a apartment in Wollaton. I might seem paranoid but how we can trust a solicitor? On the day of competition we will need to put money into their account. What protection do we have from them run away with our money?

Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.

I have decided to exercise my right to buy my property in Wollaton off the council. I have a mortgage agreed with Santander. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?

It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Santander, you will need to appoint a solicitor on the Santander conveyancing panel.

Completion of my purchase has taken place for my property in Wollaton. Conveyancing was of an acceptable standard but I would like to complain about the lender. How does one go about formally complaining?

Almost all banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Care Team at head office. In most cases complaints to a lender are resolved very quickly. If you feel the matter is not resolved you can write to Financial Ombudsman Service with full details of your complaint.

I have been recommended by a number of property agents in Wollaton to choose a solicitor using your seach tool. Is there a financial incentive for Estate Agents to promote your site over and above a competitor’s?

We refuse to make any financial incentive for directing people to this site. We found it would be just too difficult to pay a commission because members of the public would think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.

Planning to complete next month on a basement flat in Wollaton. Conveyancing lawyers assured me that they are sending me a report within the next couple of days. What should I be looking out for?

The report on title for your leasehold conveyancing in Wollaton should include some of the following:

The landlord’s rights to access the premises. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. Your conveyancers should enable you to have an understanding of the building insurance obligations Details of the parties to the lease, for instance these could be the (you), superior lessor, landlord if lease provides for a reserve fund? Information as to the provision in the lease to pay service charges - in relation to the building, and the more general rights a tenant enjoys

I acquired a split level flat in Wollaton, conveyancing formalities finalised 3 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Wollaton with a long lease are worth £216,000. The average or mid-range amount of ground rent is £50 per annum. The lease comes to an end on 21st October 2094

With only 69 years unexpired the likely cost is going to range between £9,500 and £11,000 as well as legals.

The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should 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 clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.

Me and my partner are hoping to buy a four bedroom maisonettein Wollaton with a home loan from a mortgage company. We wish to instruct our solicitor in Wollaton yet our lender says she’s not approved on their "panel". We have to appoint from the our bank panel solicitors or stay with our Wollaton solicitor and pay for one of their panel ones to represent them. We feel as though this is unjust; is there anything we can do?

No, not really. The bank mortgage offered to you is subject to conditions, one of which will be that solicitors will on the mortgage company's conveyancing panel. in the past, most lenders had open panels, including almost all conveyancing solicitors in Wollaton : a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for your mortgage company.