My best friend’s sister is a property lawyer. I expect that I can be offered friends and family pricing for conveyancing, However if that does not come materialise, what level of costs would I typically be looking at for conveyancing in Petersfield?
You should compare pricing. Make use of our comparison tool on this page. The charges may vary but the service one can expect differ between solicitors as is true with most professions.
My wife and I are buying a house in Petersfield. I might seem paranoid but how we can trust a lawyer? At some point we have to send money into their account. What protection do we have from them run away with our money?
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.
Is it the case that all Petersfield CQS (Conveyancing Quality Scheme) solicitors are on the Yorkshire BS conveyancing panel?
It is true that some banks and building societies now make use of CQS as the kick off point for Panel membership such as HSBC and Santander. CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their approved list of firms.
Two weeks ago we had a mortgage agreed in principle with Nottingham. Petersfield conveyancing practitioners were appointed. How long does it take for Nottingham to send the offer to the property lawyer?
There is no definitive answer here. Have Nottingham completed the valuation? Have you informed Nottingham as to your lawyers' details and checked that your lawyers are on the Nottingham conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
What will a local search tell me about the house my wife and I purchasing in Petersfield?
Petersfield conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search company for instance Onsearch The local search is essential in every Petersfield conveyancing purchase; that is if you don’t want any unpleasant once you have moved into your new home. The search will reveal information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject sections.
Me and my brother purchased a 4 bedroom Victorian property in Petersfield. Conveyancing solicitor represented me and Bank of Ireland. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?
You should assess the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Petersfield and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also question the position with your conveyancing lawyer who completed the work.
Over the last few months I have been searching for a flat up to £235,500 and found one near me in Petersfield I like with a park and railway links in the vicinity, the downside is that it only has 51 years on the lease. I can't really find anything else in Petersfield suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a home loan that many years will be an issue. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises 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 with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.