I am in the process of mortgaging my house in Workington, does my lawyer have to be on the Kent Reliance Solicitor panel?
There is nothing to stop you using your solicitor, but Kent Reliance will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
I have recentlybeen informed that Wolstenholmes have closed. They carried out my conveyancing in Workington for a purchase of a freehold house 18 months ago. How can I check that my home is not still registered in the name of the former proprietor?
The easiest method to see if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Workington conveyancing specialists.
Is it possible to switch firm as I have to select one who is on the Virgin Money conveyancing panel. I had appointed a high street conveyancing solicitor in Workington five minutes from me but he is not accepted by Virgin Money
We will our best to assist in finding you a conveyancing solicitor in Workington on the Virgin Money panel. Please note that the property lawyers that we on the directory do not pay us commission if you instruct them and are under regulation of the SRA who oversee all conveyancing solicitors in Workington. In making use of the find a conveyancing solicitor tool on this site, you can compare fees for conveyancing solicitors in Workington and beyond.
I've recently bought a leasehold house in Workington. Do I have any liability for service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I acquired a basement flat in Workington, conveyancing having been completed 8 years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in Workington with an extended lease are worth £180,000. The average or mid-range amount of ground rent is £65 invoiced annually. The lease finishes on 21st October 2077
With just 59 years unexpired we estimate the premium for your lease extension to range between £20,900 and £24,200 plus costs.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.
My conveyancing in Workington is set to complete next Friday, however the vendors I am buying off has asked to vacate 24 hours later at midday. Should I agree to such a plan?
It is not possible to complete on a Saturday because the bank systems are not working.