My best friend’s dad is a conveyancing practitioner. I am hopeful that I can be offered friends and family fee for conveyancing, However if that does not come materialise, what kind of costs would I typically be looking at for conveyancing in Filey?
It’s sensible to look for multiple conveyancing estimates. Do use our comparison tool on this site. You will notice that quotes may vary but the service one can expect are distinct between property lawyers as is true with most professions.
Me and my partner are soon to exchange buying a property in Filey but as a result of damage from some water damage at the property I have managed to agree reparation from the vendor in the sum of three thousand pounds in the form of a deduction in the price. I had intended this to be dealt with as part of a side agreement but HSBC will not permit this. Should they have been approached?
Your conveyancing practitioner being on a HSBC conveyancing panel is required to inform HSBC of any changes to the purchase price. If you were to refuse your lawyer to report the reduction to HSBC then they would have to discontinue acting for you. In addition, HSBC and you would have to appoint a new property lawyer for your conveyancing in Filey.
My colleague suggested that where I am purchasing in Filey I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes quoted for as part of the standard Filey conveyancing searches. It is a large document of more than thirty pages, listing and setting out significant information about Filey around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful data concerning Filey.
It has been 2 months following my purchase conveyancing in Filey took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a quick, chain free conveyancing. Filey is the location of the property. Can you offer any opinion?
Flying freeholds in Filey are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Filey you must be sure that your lawyer goes 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 Filey 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 residence.
Can you offer any advice when it comes to appointing a Filey conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a solicitor for lease extension works (regardless if they are a Filey conveyancing firm) it is most important that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you talk with several firms including non Filey conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be useful:
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How familiar is the firm with lease extension legislation? What volume of lease extensions have they carried out in Filey in the last 12 months?
I am the registered owner of a 1 bedroom flat in Filey, conveyancing having been completed in 2009. Can you give me give me an indication of the likely cost of a lease extension? Similar flats in Filey with a long lease are worth £165,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease finishes on 21st October 2103
You have 78 years unexpired we estimate the premium for your lease extension to span between £7,600 and £8,800 as well as legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.