My previous conveyancer has given a fee calculation of just over a thousand pound for no sale no fee conveyancing in Chesterfield. I’m hoping to sell a Edwardian detached home for £275,000. Are these estimated fees excessive? Is it in excess of what I should be paying for conveyancing in Chesterfield?
The quote is slightly on the expensive side. If you are content to expend time comparing quotes you could trim some of the expense by as much as £100 plus VAT. On the other hand, you maylive to rue choosing an a cheaper solicitor. Remember to enquire that the solicitor can represent your bank. You can use our search tool to find a Chesterfield conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Chesterfield.
My fiance and I intend to remortgage our apartment in Chesterfield with Nottingham. We have a son 19 who lives with us. Our solicitor has asked us to disclose any adults other than ourselves who lives in the flat. Our lawyer has now e-mailed a document for our son to sign, waiving any legal rights in the event that the apartment is repossessed. I have a couple of concerns (1) Is this document specific to the Nottingham conveyancing panel as he never had to sign this form when we bought 4 years ago (2) Does our son by signing this extinguish his rights to inherit the property?
First, rest assured that your Nottingham conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Nottingham. This is solely used to protect Nottingham if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Nottingham had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
I own a freehold residence in Chesterfield but still pay rent, why is this and what is this?
It is rare for properties in Chesterfield and has limited impact for conveyancing in Chesterfield but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the generation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence in 2037 will be extinguished.
Taking into account that I am about to spend £400,000 on a garden flat in Chesterfield I wish to have a conversation with the conveyancer concerning thehome move prior to appointing the firm. Is this something that you can arrange?
We could not agree more - we would be happy to talk to you we do not take any clients on without you liaising with the conveyancer who will be doing your property ownership legalities in Chesterfield.There is no ‘factory style conveyancing’ - each client is an important individual, not a file reference. The solicitors that we put you in touch with believe that the figure you are provided with for your conveyancing in Chesterfield should be the amount on the final invoice that you are charged.
I need to retain a conveyancing solicitor for residential conveyancing in Chesterfield. I happened to discover a web site which looks to be the perfect offering If it is possible to get all this stuff completed via phone that would be preferable. Should I be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
My wife and I purchased a leasehold house in Chesterfield. Conveyancing and Bank of Scotland mortgage organised. I have received a letter from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1998. The conveyancing solicitor in Chesterfield who acted for me is not around. Do I pay?
First make enquiries of the Land Registry to be sure that the individual purporting to own the freehold is indeed the new freeholder. It is not necessary to instruct a Chesterfield conveyancing practitioner to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Leasehold Conveyancing in Chesterfield - A selection of Queries Prior to buying
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Where a Chesterfield lease has fewer than 80 years it will impact the marketability of the apartment. It is worth checking with your mortgage company that they are content with residual term of the lease. A short lease means that you will almost definitely require a lease extension sooner rather than later and you need to have some idea of what this would cost. For most Chesterfieldlease extensions you would need to own the premises for two years in order to be legally able to extend the lease. It is important to be aware if fixing the lift or some other major work is due in the foreseeable future that will be shared amongst the leaseholders and will materially increase the the maintenance charges or result in a specific payment. It would be wise to enquire if the the lease includes any onerous restrictions in the lease. For example some leases prohibit pets being allowed in certain buildings in Chesterfield. If you love the propertyin Chesterfield but your cat can’t live with you then you will be faced difficult decision.