Recently contacted my conveyancing lawyer in Cobham who acted for me 18 months ago asking for a conveyancing costs illustration based on an identical type of house move (a leasehold residence and a freehold premises) of almost identical values with a home loan from Bank of Scotland. It looks as though am now being quoted double. Should I hunt for an alternative firm of conveyancing solicitor?
The estimate does seem a tad steep. If you shop around you may be able to reduce the fees slightly by perhaps a hundred pounds. On the other hand, if you were satisfied with the service the firm provided you maycome to regret opting for an an unknown solicitor. Remember to be sure that the conveyancer can represent Bank of Scotland. Do make use of our search tool to locate a Cobham conveyancing firm on the Bank of Scotland approved list of lawyers, which can often include conveyancing solicitors in Cobham.
Finally the sale completed on my house in Cobham last August but the buyer keeps SMS messaging every few hours complaining that their solicitor is waiting to hear from mine. What should have happened now that I have sold?
After completion of your sale your solicitor should forward the transfer documentation and all supplemental paperwork to the purchaser's lawyers. Depending on the transaction, your solicitor must also confirm that the mortgage has been discharged to the buyers lawyers. There are no post completion requirements unique to conveyancing in Cobham.
Me and my partner are buying a house in Cobham. It might be a silly question but how we can trust a solicitor? At some point we will need to deposit funds into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
My father advised me that in buying a property in Cobham there could be various restrictions preventing external alterations to the property. Is this right?
There are a number of properties in Cobham which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Cobham should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I was told two weeks ago that my mortgage has been agreed to by Co-operative. Is it usual for Co-operative to only issue the offer once my solicitor in Cobham is approved on their conveyancing panel? Co-operative have asked my solicitor to see a copy of their PI Insurance.
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Co-operative to deal with your lawyer's application to be on the Co-operative conveyancing panel. There's no guarantee that your solicitor will be accepted.
I need some fast conveyancing in Cobham as I have an ultimatum to exchange contracts within 4 weeks. Luckily I do not require a mortgage. Is it possible to escape the need for conveyancing searches to save money and time?
If.Given you are not obtaining a home loan you have the choice not to do searches although no solicitor would recommend that you don't. Drawing on our experience of conveyancing in Cobham the following are examples of issues that can be revealed and adversely impact the marketability of the property: Enforcement Actions, Overdue Fees, Outstanding Grants, Road Schemes,...
About to purchase a new build flat in Cobham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Cobham
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Please supply a car parking plan. 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. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please confirm the Lease plans are architect prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I would like to rent out my leasehold apartment in Cobham. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for permission?
The lease dictates relations between the freeholder and you the flat owner; in particular, it will say if subletting is not allowed, or permitted but only subject to certain conditions. The rule is that if the lease contains no expres ban or restriction, subletting is permitted. Most leases in Cobham do not prevent strict prohibition on subletting – such a provision would undoubtedly devalue the flat. Instead, there is usually a basic requirement that the owner notifies the freeholder, possibly sending a copy of the sublease.
I inherited a split level flat in Cobham, conveyancing formalities finalised 4 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding properties in Cobham with a long lease are worth £211,000. The average or mid-range amount of ground rent is £45 levied per year. The lease comes to an end on 21st October 2093
With just 67 years unexpired the likely cost is going to range between £10,500 and £12,000 plus costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to supply the actual costs in the absence of comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first seeking the advice of a professional.