The solicitor who helped my former purchase has given a fee estimate £995 for freehold conveyancing in East Dulwich. I am selling a modern house for £175,000. This sounds overpriced. Is it above what I should be paying for conveyancing in East Dulwich?
The costs illustration is slightly on the high side. If you shop around you might decrease the fees marginally by say a hundred pounds. That being said, you couldlive to rue choosing an a cheaper conveyancer. If is important to ensure the conveyancer can also act for your bank. Do use our search tool to choose a East Dulwich conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in East Dulwich.
I own a freehold property in East Dulwich but still pay rent, why is this and what is this?
It’s unusual for properties in East Dulwich and has limited impact for conveyancing in East Dulwich 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 hundreds of years, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
The East Dulwich conveyancing firm that I recently instructed on my house acquisition in East Dulwich have without warning shut down. They were on acting for me because I needed a firm on the Coventry BS conveyancing panel and my previous East Dulwich lawyer was not. I paid them money on account. What do I do now?
Assuming that you have an Estate Agent in the equation then let them know immediately so that they can let the sellers know that there may be a slight delay due to reasons beyond your control. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the Coventry BS conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to assist.
Will commercial conveyancing searches disclose proposed roadworks that may impact a commercial land in East Dulwich?
Many commercial conveyancing solicitors in East Dulwich will perform a SiteSolutions Highways report as it reduces the time that conveyancers expend in investigating accurate data on highways that impact buildings and development assets in East Dulwich. The search result 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 East Dulwich.
For each commercial conveyancing transaction in East Dulwich it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately may cause delays to East Dulwich commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in East Dulwich.
Just had an offer accepted on a new build flat in East Dulwich. Conveyancing is daunting 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 legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in East Dulwich
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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. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
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At this site get a conveyancing quote from a Solicitor or Licensed Conveyancer that understands the issues for your conveyancing in East Dulwich. Unlike many estate agents and brokerage sites we do not charge firms a commission if you select them for your home move in East Dulwich