We note that you have a post code search directory listing law firms on the RBS conveyancing panel. Do firms pay you a commission if I instruct them for our conveyancing in Weldon?
We are a listing service only for law firms wishing to communicate if they are on the RBS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Weldon.
My Conveyancer in Weldon has never been on on the Britannia Solicitor Panel. Is it possible for me to continue with my family solicitor notwithstanding that they are not on the Britannia list of approved lawyers?
The limited options available to you here include:
- Carry on with your existing Weldon solicitors but Britannia will need to retain a conveyancer on their list of acceptable firms. This will result in additional total conveyancing charges and result in frustration.
- Choose a new practitioner to act in the purchase, not forgetting to check they are Persuade your lawyer to use their best endeavours to join the Britannia conveyancing panel
The estate agent has sent us the confirmation of our purchase of a new build apartment in Weldon. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Weldon
-
There must be mutual enforceability of lessee’s covenants. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are surveyor prepared.
I opted to have a survey completed on a house in Weldon in advance of appointing lawyers. I have been told that there is a flying freehold overhang to the house. The surveyor has said that some mortgage companies will refuse to give a mortgage on such a house.
It varies from the lender to lender. Lloyds has different requirements for example to Nationwide. If you e-mail us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Weldon. Conveyancing may be slightly more expensive based on your lender's requirements.
My partner has suggested that I use his lawyers for conveyancing in Weldon. Do I take his recommendation?
There are no two ways about it it’s preferable to select a conveyancing practitioner is to get recommendations from friends or relatives who have used the firm you're contemplating using.
I am a negotiator for a reputable estate agent office in Weldon where we have experienced a number of flat sales put at risk as a result of short leases. I have been given conflicting advice from local Weldon conveyancing solicitors. Could you confirm whether the seller of a flat can commence the lease extension process for the purchaser on completion of the sale?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the sale.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I bought a basement flat in Weldon, conveyancing having been completed 7 years ago. How much will my lease extension cost? Equivalent properties in Weldon with a long lease are worth £185,000. The ground rent is £65 invoiced every year. The lease finishes on 21st October 2086
With only 60 years remaining on your lease we estimate the price of your lease extension to range between £20,000 and £23,000 plus legals.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered 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.