Me and my partner are purchasing a house in Aston on Trent. It might be a silly question but how we can trust a solicitor? On completion day we will need to put funds into their account. What protection do we have from them run away with our deposit?
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.
We are getting the release of further monies on our home loan from TSB as we intend to carry out alterations to our property in Aston on Trent. Do we need to appoint a bricks and mortar Aston on Trent solicitor on the TSB conveyancing panel to deal with the paperwork?
TSB don't usually appoint firms on their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the TSB panel.
I am expecting a AIP from UBS this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do UBS recommend any Aston on Trent solicitors on the UBS conveyancing panel, or is it better to go independently?
You will need to appoint Aston on Trent solicitors independently although you'll need to choose one on the UBS conveyancing panel. The solicitor represents both you and UBS through the process.
My partner and I are intent on selling our home in Aston on Trent and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. Any local lawyer would know this is not the case. For the life of me I don't know why the purchasers used a national conveyancing practice as opposed to a conveyancing solicitor in Aston on Trent. Having lived in Aston on Trent for many years we know that this is a non issue. Should we contact our local Authority to seek confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor currently acting for you. Are they able to advise? You must enquire of 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 health insurance to cover that same ailment)
I opted to have a survey completed on a house in Aston on Trent in advance of instructing solicitors. I have been advised that there is a flying freehold element to the property. Our surveyor advised that some lenders tend not issue a mortgage on a flying freehold premises.
It varies from the lender to lender. Lloyds has different requirements for example to Halifax. Should you wish to call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Aston on Trent. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Aston on Trent to see if the conveyancing costs will increase in light of this.
I only have Fifty years unexpired on my lease in Aston on Trent. I now wish to extend my lease but my landlord is can not be found. What should I do?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be lengthened by the Court. You will be obliged to prove that you or your lawyers have made all reasonable attempts to locate the landlord. On the whole a specialist should be useful to carry out a search and to produce an expert document to be used as evidence that the freeholder is indeed missing. It is wise to seek advice from a conveyancer in relation to devolving into the landlord’s absence and the application to the County Court overseeing Aston on Trent.
I invested in buying a 2 bed flat in Aston on Trent, conveyancing formalities finalised in 2006. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Aston on Trent with over 90 years remaining are worth £175,000. The ground rent is £65 charged once a year. The lease runs out on 21st October 2083
You have 58 years unexpired we estimate the premium for your lease extension to span between £23,800 and £27,400 plus professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.
Midway through the sale of a leasehold flat in Aston on Trent. Conveyancing solicitors are doing their job but we are being charged an extortionate amount by the freeholder. So far we have issued a cheque for £268 for a leasehold management information and then a further £200 plus VAT for answers to questions raised by the buyers lawyer.
You will not have any say over the extent of the fee for this information however the typical fee for the information for Aston on Trent leasehold premises is £355. For Aston on Trent conveyancing transactions it is conventional for the vendor to pay for these costs. The landlord or their agents are under no statutory obligation to answer such questions although many will be willing to do so - albeit often at high prices out of proportion to the work involved. Regretfully there is no legislation that mandates fixed fees for administrative tasks. There is no legal time limit by which they are duty bound to provide answers.