My previous solicitor has quoted £1400 for no sale no fee conveyancing in Chadwell Heath. I am hoping to sell a Edwardian house for £200,000. Is this over the top? Is it above the norm for conveyancing in Chadwell Heath?
The quote is fractionally on the steep side. If you shop around you might trim some of the expense by as much as £125. On the other hand, you maycome to regret choosing an an untested solicitor. Don't forget to ensure that the firm can also act for your mortgage company. You can utilise our comparison tool to select a Chadwell Heath conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Chadwell Heath.
I am considering applying for a Bank of Ireland mortgage for purchase of a newly converted (under development) in Chadwell Heath with 60% loan to value. Is it compulsory to choose a solicitor on the conveyancing panel for Bank of Ireland ?
There is nothing to stop you using your solicitor, but Bank of Ireland will insist on their interests being represented by a firm on their conveyancing panel. There is greater potential for delays and confusion with two solicitors involved, and it will undoubtedly be more expensive too.
Will commercial conveyancing searches disclose impending roadworks that could affect a commercial site in Chadwell Heath?
Many commercial conveyancing solicitors in Chadwell Heath will conduct a SiteSolutions Highways report as it reduces the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Chadwell Heath. The report sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Chadwell Heath.
For every commercial conveyancing transaction in Chadwell Heath it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately can cause delays to Chadwell Heath commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Chadwell Heath.
Are there restrictive covenants that are commonly picked up during conveyancing in Chadwell Heath?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Chadwell Heath. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been recommended by numerous estate agents in Chadwell Heath to select a property lawyer on your site. Is there a financial inducement for Estate Agents to offer your site ahead of a competitor’s?
We don’t give any financial incentive for directing people our way. We found it would be just too difficult a fee because a client could think, ‘Why is the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
What advice can you give us when it comes to choosing a Chadwell Heath conveyancing firm to deal with our lease extension?
If you are instructing a property lawyer for lease extension works (regardless if they are a Chadwell Heath conveyancing firm) it is most important that he or she should be familiar with the legislation and specialises in this area of conveyancing. We suggest that you speak with two or three firms including non Chadwell Heath conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be useful:
-
How many lease extensions have they carried out in Chadwell Heath in the last year? Can they put you in touch with clients in Chadwell Heath who can give a testimonial?
I have attempted and failed to negotiate with my landlord to extend my lease without getting anywhere. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Chadwell Heath conveyancing firm to assist?
if there is a absentee landlord or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the Leasehold Valuation Tribunal to assess the premium.
An example of a Lease Extension case for a Chadwell Heath premises is 49 Aldborough Road South in July 2012. The Tribunal decided that the premium payable for the grant of the new lease was £13,925 This case was in relation to 1 flat. The unexpired term was 61.36 years.