Recently contacted my conveyancing lawyer in Arundel who conducted the legals 18 months ago requesting a conveyancing quote based on the same type of home move (a leasehold premises and a freehold premises) of similar values with a loan from Leeds Building Society. It looks as though am now being quoted twice the amount. Better the devil I know or should I try and find an alternative firm of conveyancing solicitor?
The charges are a bit high. If you shop around you could get the conveyancing a bit cheaper by as much as £125. On the other hand, assuming were satisfied with the service the firm offered you couldlive to rue opting for an an unknown solicitor. Don't forget to enquire that the firm can represent Leeds Building Society. You can utilise our search tool to locate a Arundel conveyancing firm on the Leeds Building Society conveyancing panel, which can often include conveyancing solicitors in Arundel.
In the event thatI were to purchase a freehold propertyin Arundel mortgage fee and have no survey and no local authority searches how much could I expect to to save on my conveyancing in Arundel?
Any savings you would make would be limited to the disbursement for searches. A property lawyer still got to do everything else - money laundering, communicating with the sellers property lawyer, stamp duty return, register the ownership etc. A slight saving might be made by not needing to register a mortgage but it will not be a lot.
I am buying a new build flat in Arundel. Conveyancing is necessary evil 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 conveyancing.
Set out below are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Arundel
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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. Please confirm the Lease plans are surveyor prepared. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please provide evidence that the form of Lease proposed has been approved by the Land Registry.
I'm refinancing my current house to a buy to let mortgage with HSBC Bank and I will use the ballance of the raised equity as a down payment on another property. The area we are talking about is Arundel. Will your solicitors be able to act for both sets of mortgage companies and link together the conveyances?
Do use our comparison tool on this site to check that the lawyers are on the relevant lender panels. On the basis that they are the conveyancer should be able to tie up the two deals but you should have a chat with you conveyancer and communicate your expectations and requirements.
If all goes to plan we aim to complete the sale of our £325,000 apartment in Arundel in 8 days. The managing agents has quoted £348 for Certificate of Compliance, building insurance schedule and 3 years statements of service charge. Is it legal for a freeholder to charge such fees for a flat conveyance in Arundel?
Arundel conveyancing on leasehold maisonettes typically results in fees being levied by management companies :
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Addressing conveyancing due diligence enquiries
Where consent is required before sale in Arundel
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I inherited a 1st floor flat in Arundel, conveyancing was carried out 3 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Arundel with a long lease are worth £216,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease finishes on 21st October 2094
With 69 years unexpired we estimate the price of your lease extension to be between £9,500 and £11,000 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 are not able to provide a more accurate figure without more detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.
What could I expect to pay for conveyancing in Arundel?
The total sum levied for Arundel conveyancing costs are likely to be calculated at:
- a set amount; or
- an hourly rate (i.e. the time spent on the particular case).
These days you seldom hear of Arundel conveyancing practices charge by the clock