The lawyer who assisted with my previous purchase has sent a quote for £1700 for leasehold conveyancing in Burton upon Trent. I am looking to sell a modern property for £150,000. Are these conveyancing fees excessive? Is it above what I should be paying for conveyancing in Burton upon Trent?
The charges are a bit high. Where you are happy to spend time scrutinising quotes you may be able to get the conveyancing a bit cheaper by as much as £100 plus VAT. That being said, you couldcome to rue choosing an an unknown lawyer. If is important to check that the solicitor can also act for your mortgage company. You can utilise our comparison tool to select a Burton upon Trent conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Burton upon Trent.
Can the conveyancing practitioners Indexed on your site handle auction conveyancing in Burton upon Trent?
We know of a number of auction lawyers we can put you in touch with those who can conduct auction conveyancing. Burton upon Trent is just one of hundreds of locations where our lawyers are based.
Are the BSA intent on creating a searchable register to list law firms on the Earl Shilton BS conveyancing panel for example in Burton upon Trent?
We are not aware of any plans on the part of the BSA to develop such a tool.
What is your number one tip for choosing a conveyancing solicitor in Burton upon Trent
Do not opt for the cheapest Burton upon Trent conveyancing costs illustration. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
The formalities of my remortgage has taken place for my property in Burton upon Trent. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. How do I make a complaint?
All banks and building societies have complaints procedures. Your first port of call should be one of the lender’s branches or the Customer Services Department at head office. Ordinarily complaints to a lender are sorted out very quickly. However if you are not satisfied that the matter is not resolved you can write to Financial Ombudsman Service, South Quay Plaza, 183 Marsh Wall, London E14 9SR with full details of your complaint.
I can not work out if my bank requires a lease extension. I have called my Burton upon Trent bank branch on various occasions and was informed it wasn't an issue and they would lend. My Burton upon Trent conveyancing solicitor - who is on the bank conveyancing panel- called and was told they refuse to lend in accordance with their published requirements. I simply don't know who is right.
As long as the property lawyer is on the lender panel, they must adhere to the Council of Mortgage Lenders’ Handbook conditions for the lender. Unless your lawyer obtains specific confirmation in writing that the bank will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
My uncle has recommend that I appoint his lawyers for conveyancing in Burton upon Trent. Do I follow his recommendation?
No doubt the best way to find a conveyancing practitioner is to seek recommendations from friends or family who have experience in using the firm you're considering.
Last October I purchased a leasehold property in Burton upon Trent. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I invested in buying a ground floor flat in Burton upon Trent, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Burton upon Trent with an extended lease are worth £191,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease ends on 21st October 2078
With just 53 years left to run we estimate the price of your lease extension to be between £27,600 and £31,800 plus professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.