I was referred a lawyer who has sent a quote for £995 for no move no fee conveyancing in Chorlton. I am hoping to downsize from a Victorian property for £125,000. Is this too much? Is it above what I should be paying for conveyancing in Chorlton?
The charges are a little high. If you are prepared to invest time contrasting quotes you might reduce the fees slightly by say £100 plus VAT. On the other hand, you mightlive to rue choosing an an unknown lawyer. Remember to be sure that the firm can represent your mortgage company. Do use our comparison tool to choose a Chorlton conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Chorlton.
In the event thatI were to acquire a straightforward homein Chorlton mortgage fee and have no survey and no conveyancing searches how much could I expect to have to pay for conveyancing in Chorlton?
The sole saving you would achieve is the costs for searches. The solicitor still got to do everything else - money laundering, correspond with your sellers property lawyer, SDLT submission, register the title etc. A marginal saving might be made by not needing to register a mortgage however it will not be a lot.
I have a decision in principle. The bank mentioned the mortgage came with free conveyancing. Is the implication that I have to use their panel lawyer as I would much rather instruct a Chorlton based conveyancing firm?
Do check but the chances are that allocate you one of their panel solicitors should you want the "fee-free" deal. Contact the mortgage company to ask if they allow a cash alternative. Some lenders have previously offered a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor near Chorlton.
It has been five months since my purchase conveyancing in Chorlton took place. I have checked the Land Registry site which shows that I paid £200,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Just had an offer accepted on a new build apartment in Chorlton. 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 is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Chorlton
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
I own a leasehold flat in Chorlton. Conveyancing and The Royal Bank of Scotland mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1998. The conveyancing practitioner in Chorlton who acted for me is not around. Any advice?
The first thing you should do is contact HMLR to be sure that the individual claiming to own the freehold is in fact the new freeholder. You do not need to instruct a Chorlton conveyancing lawyer to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Leasehold Conveyancing in Chorlton - Sample of Questions you should consider Prior to buying
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How long is the Lease? You should want to find out as much as possible about the company managing the building as they will either make living at the property much simpler or problematic. Being a leasehold owner you are often in the clutches of the managing agents both financially and when it comes to daily issues such as the cleanliness of the communal areas. You should not be shy to ask prospective neighbours if they are happy with their management. Finally, investigate as to the dates that the maintenance fees are due to the managing agents and precisely how they are spending the funds. Who are the managing agents?