My fiance and I are hoping to purchase a flat in Bosham and have appointed a Bosham conveyancing firm. Within the last couple of days our lawyer has sent a preliminary report and documents to look through in anticipation of exchanging contracts shortly. Alliance & Leicester have this morning contacted us to advise us that they have now hit a problem as our Bosham lawyer is not on their approved list of lawyers. Please explain?
Where you are buying a property needing a mortgage it is usual for the purchasers' solicitors to also represent the mortgage company. In order to act for a bank or building society a law firm has to be on that lender's conveyancing panel. An application has to be made by the law firm to the lender to become a member of the lender's panel and there are increasingly strict criteria which the firm has to satisfy and indeed some lenders now require their panel members to be part of the Law Society’s Conveyancing Quality Scheme. Your solicitor should contact your mortgage company and see if they can apply for membership of their conveyancing panel, but if that is not viable they will instruct their own solicitors to act. You don't have to instruct a firm on the bank's conveyancing panel as you are at liberty to use your preferred Bosham lawyers, in which case it will likely add costs, and it may delay matters as you have another set of people involved.
I am looking for a leasehold apartment up to £195,000 and found one close by in Bosham I like with amenity areas and transport links nearby, however it only has 49 years on the lease. There is not much else in Bosham for this price, so just wondered if I would be making a grave error buying a short lease?
If you require a mortgage the shortness of the lease may be a potential deal breaker. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of twenty four months you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
What makes your site different to other internet conveyancing solicitors when it comes to conveyancing in Bosham?
At this site secure a fixed fee quote from a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Bosham. Unlike many estate agents and brokerage sites we do not operate commission deals with solicitors. A large number of agents and online brokers 'recommend' the firm that pays the highest kickback, as opposed to the best value conveyancing in Bosham
As co-executor for the estate of my aunt I am selling a residence in Neath but reside in Bosham. My lawyer (who is 260 miles awayneeds me to execute a stat dec ahead of completion. Could you suggest a conveyancing practitioner in Bosham who can attest this legal document for me?
Technically speaking you are unlikely to be required to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will be fine regardless of whether they are located in Bosham
What type of property do your Bosham conveyancing estimates apply to?
Our conveyancing quotes are only appropriate to standard domestic premises in England & Wales. Where you have any different requirements for instance industrial or agricultural property or commercial conveyancing in Bosham do telephone us to consider your requirements .