I was recommended to a lawyer who has given a fee estimate £1200 for freehold conveyancing in Badminton. I am looking to sell a Georgian property for £175,000. Are the quoted fees excessive? Is it above the average fee for conveyancing in Badminton?
The estimate does seem a tad overpriced. If you are prepared to invest time comparing quotes you may be able to reduce the fees slightly by perhaps £100 plus VAT. That being said, you mightlive to rue opting for an an untested lawyer. If is important to enquire that the firm can represent your lender. Do make use of our comparison tool to choose a Badminton conveyancing firm on the banks member panel which can often include conveyancing solicitors in Badminton.
I am buying a 3 bedroom semi in Badminton. Our aim is to carry out an extension to the side at the property.Will legal work on the property involve enquiries to ascertain if these works were previously refused?
Your conveyancer should review the deeds as conveyancing in Badminton will occasionally reveal restrictions in the title deeds which restrict certain changes or need the permission of another owner. Certain extensions need local authority planning consent and approval in compliance with building regulations. Certain locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these issues with a surveyor before you commit yourself to a purchase.
My wife and I are spending time looking at houses in Badminton and I am now considering a potential offer. Should I already have a conveyancer in place at this stage? I will be getting a mortgage with RBS.
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their contact information on to the estate agent. As you are seeking a mortgage with RBS, make sure you remember to check that your lawyer is on the RBS conveyancing panel.
I am due to exchange contracts on my house. I had a double glazing fitted in October 2008, but did not receive a FENSA certificate or Building Regulation Certificate. My purchaser’s mortgage company, Leeds Building Society are being difficult. The Badminton solicitor who is on the Leeds Building Society conveyancing panel is happy to accept ‘lack of building regulation’ insurance but Leeds Building Society are requiring a building regulation certificate. Why do Leeds Building Society have a conveyancing panel if they don't accept advice from them?
It is probably the case that Leeds Building Society have referred the matter to their valuer. The reason why Leeds Building Society may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
How does conveyancing in Badminton differ for newly converted properties?
Most buyers of new build or newly converted property in Badminton approach us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is constructed. This is because developers in Badminton typically purchase the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Badminton or who has acted in the same development.
My business partner and I are planning to lease a unit on the high street. Can you recommend solicitors offering no-move-no costs for non-domestic conveyancing in Badminton for under £1,200?
We can recommend firms who host a wealth of experience of commercial conveyancing in Badminton, including the sale and acquisition of businesses as well as simply property. If you are hoping to acquire or sell a shop, pub, restaurant, office, retail unit or a whole business we can find you the right lawyer. As for the costs these will vary based on the structure and complexity of the deal. Let us have your details or phone so as to enable us to provide you with a fixed commercial conveyancing quote.
I am on look out for some leasehold conveyancing in Badminton. Before diving in I require certainty as to the remaining lease term.
Assuming the lease is recorded at the land registry - and 99.9% are in Badminton - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I acquired a leasehold flat in Badminton, conveyancing formalities finalised in 1998. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Badminton with over 90 years remaining are worth £191,000. The ground rent is £55 charged once a year. The lease expires on 21st October 2079
With only 53 years unexpired we estimate the premium for your lease extension to range between £27,600 and £31,800 as well as costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs without more detailed investigations. Do 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 should be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.
Me and my husband have agreed a price on a Badminton bungalow left to us some years ago in 2011. I have over ten years conveyancing experience and, now retired, see no reason not to carry out my own conveyancing. The purchaser's property lawyer has informed me that their Lenders will not allow us to do our own conveyancing mandating that the funds to be transferred to a solicitor's bank account.
Mortgage requirements to conveyancing practitioners from all mainstream lenders state that If the vendor is not legally represented the purchaser’s lawyers should check whether the bank needs to be notified so that a decision can be made if they are prepared to move forward.