I decided to go with a Cornwall based lawyer for our conveyancing in Cornwall today. Upon checking the Terms I notewe are liable for charges even where the conveyance does not complete. Should I go with them or choose an on-line solicitor practice advertising no completion no cost conveyancing in Cornwall?
It is usually a trade off in that if "No Sale No Fee" is offered then the fee levels will tend to be be more expensive to offset the transactions that fail to complete. You should be mindful that such promotions tend not to protect you from outlay by way of example Cornwall conveyancing search expenses.
It is a dozen years since I purchased my property in Cornwall. Conveyancing solicitors have recently been retained on the sale but I am unable to find the deeds. Is this a major issue?
You need not be too concerned. Firstly the deeds may be kept by the mortgage company or they could be in the possession of the lawyers who acted in your purchase. Secondly the likelihood is that the land will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers acquiring current official copies of the land registers. Almost all conveyancing in Cornwall relates to registered property but in the rare situation where your property is unregistered it is more of a problem but is resolvable.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a quick, chain free conveyancing. Cornwall is where the house is located. Is there any advice you can give?
Flying freeholds in Cornwall are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Cornwall you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Cornwall may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I have been recommended by a number of property agents in Cornwall to locate a property lawyer using your seach tool. Is there a financial upside for Estate Agents to market your services over and above another?
We don’t offer any financial incentive for sending work to this site. We thought it would be too underhand a fee because members of the public would think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I need to retain a conveyancing solicitor for my conveyancing in Cornwall. I've stumble across a web site which looks to be the ideal offering If it is possible to get all formalities done via email that would be ideal. Should I be concerned? What are the potential pitfalls?
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?
I want to rent out my leasehold flat in Cornwall. Conveyancing solicitor who did the purchase is retired - so can't ask her. Is permission from the freeholder required?
Some leases for properties in Cornwall do contain a provision to say that subletting is only allowed with permission. The landlord is not entitled to unreasonably withhold but, in such cases, they would need to see references. Experience dictates that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
I inherited a basement flat in Cornwall, conveyancing formalities finalised August 2000. How much will my lease extension cost? Comparable properties in Cornwall with over 90 years remaining are worth £180,000. The average or mid-range amount of ground rent is £65 per annum. The lease comes to an end on 21st October 2084
With 59 years unexpired the likely cost is going to range between £20,900 and £24,200 plus costs.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed investigations. You should not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.