Having been told to check out your site we were about to use a conveyancing solicitor in Exmouth found by you but stumbled across alternative quotes on the internet seem cheaper – how come?
There are many firms of conveyancing companies marketing what appear to be very low prices. You should give due consideration about how important this transaction is to you that want to take 'cheap' risks in relation to the quality of the legal work. Many of them accentuate a low fee to entice you but bury additional fees in the fine print..
AssumingI were to acquire a freehold homein Exmouth mortgage fee and dispense with a survey and no conveyancing searches how much would I expect to to save on my conveyancing in Exmouth?
Any savings you would achieve would be limited to the disbursement for searches. Your conveyancing practitioner still got to do everything else - money laundering, liaising with your sellers solicitor, stamp duty return, register the property etc. A slight saving might be made by not having to register a charge but it won't be significant.
I'm buying my first flat in Exmouth benefiting from help to buy. The developers refused to move on the price so I negotiated 6k of fixtures and fittings instead. The property agent told me not disclose to my solicitor about this extras as it will adversely affect my loan with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
As co-executor for the estate of my aunt I am disposing of a house in Neath but reside in Exmouth. My conveyancer (based 200 miles awayrequires that I execute a stat dec ahead of the transaction finalising. Could you suggest a conveyancing practitioner in Exmouth who can witness and place their company stamp on the document?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are Exmouth based
There are only Sixty One years left on my flat in Exmouth. I now want to extend my lease but my landlord is missing. What options are available to me?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be extended by the Court. However, you will be required to demonstrate that you have made all reasonable attempts to find the lessor. On the whole an enquiry agent should be helpful to conduct investigations and prepare an expert document which can be used as evidence that the landlord can not be located. It is advisable to get professional help from a solicitor in relation to proving the landlord’s disappearance and the application to the County Court covering Exmouth.
I purchased a 2 bed flat in Exmouth, conveyancing having been completed November 2008. 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 Exmouth with an extended lease are worth £222,000. The ground rent is £50 invoiced annually. The lease ends on 21st October 2095
With 70 years left to run we estimate the premium for your lease extension to range between £9,500 and £11,000 plus legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward based on this information before getting professional advice.
What is the reason for new build conveyancing in Exmouth being more expensive?
Acquiring a new build property is completely distinct from the normal house buying conveyancing in Exmouth. Firstly housebuilders normally need contracts to exchange within a tight deadline, the result being a lot of pressure on your lawyer to make sure all is in order. Furthermore new build properties frequently involve the checking of adoption of highways, drains, planning considerations, building warranties or architects certificates. Mortgage company obligations are also more detailed. Given the complex nature of the process for these types of properties, the conveyancing new build fees are higher than normal.