My previous lawyer has given a fee calculation of £1200 for leasehold conveyancing in Alfriston. I am looking to sell a newly refurbished house for £175,000. Is this overpriced? Is it in excess of the average fee for conveyancing in Alfriston?
The quote is fractionally on the steep side. Where you are prepared to invest time contrasting fee on a like for like basis you could trim some of the cost by as much as £125. That being said, you couldlive to regret choosing an a cheaper solicitor. If is important to be sure that the solicitor can act for your bank. Do use our search tool to select a Alfriston conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Alfriston.
I am considering refinancing my flat in Alfriston, does my lawyer need to be on the Skipton Conveyancing panel?
In theory, you could use a solicitor that is not on the Skipton conveyancing panel, but Skipton would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same transaction.
About to purchase a new build apartment in Alfriston. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Alfriston
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
Yesterday I discovered that there is a flying freehold element on a house I have offered on two weeks back in what should have been a quick, chain free conveyancing. Alfriston is where the house is located. Can you offer any opinion?
Flying freeholds in Alfriston are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Alfriston you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Alfriston 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 property.
My business partner and I are hoping to lease a unit on a shopping parade. Can you recommend lawyers offering no-sale-no fees for non-domestic conveyancing in Alfriston for less than £1,200?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Alfriston, including the disposal and acquisition of businesses as well as simply property. If you are hoping to buy or lease a shop, pub, restaurant, office, retail premises or a complete business we can find you the right lawyer. As for the charges these will vary based on the structure and complexity of the proposed transaction. Please provide us with your contact information or email us so that we can provide you with a fixed commercial conveyancing calculation.
I have just appointed agents to market my 2 bed flat in Alfriston. Conveyancing lawyers have not yet been instructed, but I have recently had a half-yearly maintenance charge demand – what should I do?
It best that you discharge the maintenance contribution as normal given that all rents and service payments should be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I am the registered owner of a leasehold flat in Alfriston, conveyancing having been completed half a dozen years ago. 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? Equivalent flats in Alfriston with an extended lease are worth £171,000. The ground rent is £50 invoiced annually. The lease ceases on 21st October 2104
With only 79 years left to run we estimate the premium for your lease extension to range between £8,600 and £9,800 as well as costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.