I was referred a lawyer who has given a fee estimate £1150 for leasehold conveyancing in Exeter. I’m looking to sell a modern property for £225,000. This sounds overpriced. Is it above the norm for conveyancing in Exeter?
The estimate does seem a tad steep. Where you are happy to spend time comparing quotes you may be able to decrease the fees slightly by say £125. On the other hand, you maylive to regret choosing an an untested conveyancer. If is important to be sure that the firm can also act for your mortgage company. Do make use of our search tool to locate a Exeter conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Exeter.
My bank has suggested a law firm on their panel based in Exeter but I would rather use a conveyancing lawyer in Exeter or nearer to where I live. Can you help?
It is by no means the case that all Exeter conveyancing practices are listed all banks conveyancing panel. Use our search tool to choose a Exeter conveyancing conveyancer on the on the lender panel.
Can you point me to a directory of Virgin Money panel solicitors in Exeter on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such directory service on the Council of Mortgage Lenders or Building Society Association sites. Very few lenders make their panel listings open the public over the internet. Where you are in need of a Exeter solicitor on the Virgin Money please make the most of our tool.
I am selling my apartment. I had a double glazing fitted in November 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Clydesdale are being problematic. The Exeter solicitor who is on the Clydesdale conveyancing panel is saying indemnity insurance will be fine but Clydesdale are insisting on a building regulation certificate. Why do Clydesdale have a conveyancing panel if they don't accept advice from them?
It is probably the case that Clydesdale have referred the matter to their valuer. The reason why Clydesdale may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Santander have agreed my mortgage in principle, my bid on a property in Exeter has been accepted, now what?
The estate agent will wish to be informed of your conveyancing practitioner's details (be sure the conveyancing practitioners are on the lender’s panel). Telephone Santander or the broker and finish off any relevant documentation. Santander will appoint a valuer who will get in touch with the selling agent or owners to arrange an appointment. Once conducted (assuming no problems) it takes on average a fortnight for the mortgage offer to be issued. Santander will send the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Exeter.
Despite weeks of looking the Title Certificate and documents to my property can not be found. The conveyancers who did the conveyancing in Exeter 5 years ago are no longer around. What are my options?
As long as you have a registered title the information relating to your ownership will be retained by the Land Registry with a Title Number. It is easy to execute a search at the Land Registry, find your property and secure current copies of the Registered Entries for less than a fiver. If the property is Leasehold then the Land Registry will usually retain a file copy of the Registered Lease and again, a copy can be ordered for a small fee.
I am a sole trader planning to take over a lease of an office on the high street. Can you recommend conveyancers offering competitive fees for non-domestic conveyancing in Exeter for less than £1,200?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Exeter, including the disposal and acquisition of businesses as well as simply property. If you are looking to acquire or sell a shop, pub, restaurant, office, retail premises or a complete business we will put you in touch with the right firm. Regarding the costs this will depend on the structure and terms of the deal. Please provide us with your details or phone so as to enable us to supply you with comprehensive commercial conveyancing quote.
I’m about to sell my ground floor flat in Exeter. Conveyancing lawyers have not yet been instructed, but I have recently received a half-yearly maintenance charge demand – should I leave it to the buyer to sort out?
It best that you pay the service charge as usual as all ground rent and service charges will be allotted as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I purchased a garden flat in Exeter, conveyancing was carried out half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Similar flats in Exeter with over 90 years remaining are worth £255,000. The ground rent is £45 yearly. The lease comes to an end on 21st October 2099
With 73 years left to run we estimate the premium for your lease extension to span between £8,600 and £9,800 plus professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure in the absence of detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.