I'm in the process of changing my domestic mortgage to a Buy to Let Britannia mortgage. I was told by my financial advisor that I must appoint a solicitor as part of the process. I had a chat the same Walton conveyancing practitioner who dealt with the legals when I originally acquired the premises. The fee calculation they've given of £470 has taken me by surprise as its a refinance than a sale or purchase.
The estimate does seem a tad on the high side. If you shop around you might trim some of the expense by perhaps £125. On the other hand, if you were pleased with the legal work the firm provided you mightcome to regret opting for an an unknown conveyancer. Don't forget to ensure the conveyancer can act for Britannia. Do use our search tool to choose a Walton conveyancing firm on the Britannia approved list of lawyers, which can often include conveyancing solicitors in Walton.
Our god-son is purchasing a newly built flat in Walton with a home loan from Clydesdale. His lawyer has said that there is a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The document is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Clydesdale conveyancing panel as a standard part of the process, and to the surveyor when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Clydesdale conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
My partner and I are downsizing from our home in Walton and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A high street Walton lawyer would know this is not the case. For the life of me I don't know why the buyers used an internet conveyancing firm rather than a conveyancing solicitor in Walton. Having lived in Walton for three years we know of no issue. Is it a good idea to contact our local Authority to seek confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. Are they able to advise? You should check with 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 life insurance to cover that same illness)
Just acquired a semi-detached house in Walton , how long should it take for the Land Registry to record the transfer to my name? My Walton conveyancing solicitor has been very slow, so I want to be sure the land registry aspects are dealt with.
There is nothing unique about conveyancing in Walton registration formalities. Rather than based on location, timeframes can vary depending on the party submitting the application, whether it is in order and whether the Land registry need to notify any other persons or bodies. Currently in the region of three quarters of such applications are completed in less than three weeks but occasionally there can be extensive delays. Registration is effected after the new owner is living at the property therefore registration formalities is not typically an essential issue yet if there is a degree of urgency associated with the registration then you or your conveyancer should contact the land registry and explain the circumstances.
I am looking for a leasehold apartment up to £235,500 and found one close by in Walton I like with amenity areas and station in the vicinity, the downside is that it only has 51 remaining years left on the lease. There is not much else in Walton suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you need a home loan the remaining unexpired lease term may be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing lawyer concerning this matter.