We are purchasing a apartment in Bognor Regis. It might be a silly question but how we can trust a solicitor? On the day of competition we will need to deposit our life savings into their account. What is the protection 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.
If you had a top tip for choosing a conveyancing solicitor in Bognor Regis what would it be?
It would be unwise to be seduced by the cheapest Bognor Regis conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
Does a directory service exist listing Nationwide panel conveyancers in Bognor Regis on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such facility on the CML or Building Society Association sites. A small selection of banks make their panel listings visible over the internet. Where you are looking for a Bognor Regis conveyancer on the Nationwide please make the most of our tool.
I used Arc property Solicitors several years past for my conveyancing in Bognor Regis. Now, I need the files but the law firm is no longer operating. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Bognor Regis of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to the input of my in-laws I had a survey completed on a house in Bognor Regis in advance of appointing lawyers. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some banks will not grant a mortgage on a flying freehold property.
It varies from the lender to lender. HSBC has different instructions from Nationwide. If you call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Bognor Regis. Conveyancing may be slightly more expensive based on your lender's requirements.
In surfing the web for the phrase on line conveyancing in Bognor Regis it reveals numerous property lawyersin the area. How do I determine which is the suitable solicitor for my move?
The best way of seeking a suitable conveyancer is via trusted testimonial, so enquire of colleagues and those you trust who have acquired a property in Bognor Regis or a reputable estate agent or financial adviser. Charges for conveyancing in Bognor Regis differ, so it's sensible to secure at least four fee estimates from different companies. Make sure that you know what costs in the quote includes.
I am in need of some leasehold conveyancing in Bognor Regis. Before diving in I would like to find out the number of years remaining on the lease.
If the lease is registered - and most are in Bognor Regis - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the registered owner of a leasehold flat in Bognor Regis, conveyancing was carried out February 2005. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding flats in Bognor Regis with a long lease are worth £181,000. The average or mid-range amount of ground rent is £55 per annum. The lease runs out on 21st October 2074
With only 50 years remaining on your lease we estimate the premium for your lease extension to span between £32,300 and £37,400 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 in the absence of detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.