I was recommended to a conveyancer who has given a fee estimate £1150 for fixed fee conveyancing in Acocks Green. I’m looking to sell a Victorian detached home for £200,000. Are these conveyancing fees excessive? Is it in excess of the norm for conveyancing in Acocks Green?
The charges are a little high. If you shop around you may be able to reduce the fees marginally by say £100 plus VAT. On the other hand, you mightcome to regret opting for an an unknown solicitor. Remember to enquire the firm can also act for your bank. You can use our comparison tool to find a Acocks Green conveyancing firm on the lender’s member panel which can often include conveyancing solicitors in Acocks Green.
The Acocks Green conveyancing lawyers that just started acting on my house acquisition in Acocks Green have suddenly closed. They were on acting for me because I needed a solicitor on the Principality conveyancing panel and my preferred Acocks Green lawyer was not. I issued them a cheque for two hundred pounds in advance. What should be my next steps?
If you have an estate agent involved then inform them immediately so that they advise the vendors that there may be a slight delay due to reasons beyond your control. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the Principality conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to assist.
A relative recommended that if I am buying in Acocks Green I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally quoted for as part of the standard Acocks Green conveyancing searches. It is a large document of more than thirty pages, listing and detailing important information about Acocks Green around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with maps and statistics, Local Amenities and other useful information about Acocks Green.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Acocks Green is the location of the property. Can you offer any advice?
Flying freeholds in Acocks Green are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Acocks Green you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Acocks Green may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
How do I search for a Acocks Green solicitor on the Chelsea Building Society conveyancing panel? I have wheels and am prepared to travel upto 25miles to meet the solicitor.
Feel free to make use of the tool on this page. Please select a lender and your location and you will see a number of Acocks Green conveyancing lawyers locally. We have detailed some Acocks Green conveyancing firms at the bottom of this page and you can ring them to see whether they are on the Chelsea Building Society member panel
What advice can you give us when it comes to appointing a Acocks Green conveyancing firm to deal with our lease extension?
If you are instructing a conveyancer for lease extension works (regardless if they are a Acocks Green conveyancing practice) it is most important that they be familiar with the legislation and specialises in this area of work. We suggest that you talk with several firms including non Acocks Green conveyancing practices before you instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be helpful:
-
What volume of lease extensions have they conducted in Acocks Green in the last twenty four months? If they are not ALEP accredited then why not?
I bought a 1 bedroom flat in Acocks Green, conveyancing formalities finalised 7 years ago. Can you give me give me an indication of the likely cost of a lease extension? Equivalent properties in Acocks Green with a long lease are worth £195,000. The ground rent is £45 per annum. The lease comes to an end on 21st October 2088
You have 63 years left to run the likely cost is going to range between £16,200 and £18,600 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.