My previous conveyancer has given a fee estimate £1200 for freehold conveyancing in Gamlingay. I’m hoping to downsize from a modern property for £250,000. This seems expensive. Is it above the average fee for conveyancing in Gamlingay?
The charges are a bit high. Where you are prepared to invest time contrasting quotes you may be able to reduce the fees slightly by as much as £125. That being said, you mightcome to rue opting for an an untested solicitor. Don't forget to be sure the firm can also act for your bank. Do make use of our search tool to choose a Gamlingay conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Gamlingay.
I purchased a freehold property in Gamlingay but nevertheless charged rent, why is this and what is this?
It’s unusual for properties in Gamlingay and has limited impact for conveyancing in Gamlingay 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 establishment of fresh rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.
I am selling my home in Gamlingay. Does my property lawyer have to be required to be on the HSBC conveyancing panel in order to deal with paying off my mortgage?
Ordinarily, even if your lawyer is not on the HSBC conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their requirements fairly frequently in recent years.
I used Wolstenholmes a few years ago for my conveyancing in Gamlingay. I now require my papers but the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Gamlingay of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
How can the Landlord & Tenant Act 1954 affect my commercial property in Gamlingay and how can you help?
The particular law that you refer to affords a safeguard to business tenants, giving them the legal entitlement to apply to court for a continuation of occupancy at the end of the lease term. There are limited grounds that a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Gamlingay is one of the numerous areas of the UK in which our lawyers are located
New build sellers have suggested I use a solicitor and I've received a quote from them. They are nearly £400 cheaper than my family Gamlingay conveyancing practitioner. Should I use them?
Developers normally have lists of conveyancers who are quick and who know the developer’s documentation and solicitor. As many developers offer an inducement to choose a preferred conveyancer for this reason, any increased charges can be avoided and a developer will not put forward a conveyancing factory and run the risk of having the transaction stall when they want exchange within a tight time frame. A counter-argument for not opting for the recommended property lawyer is that they may be reluctant to fight for your interests at the risk of alienating the developer. If you worry that this may be the situation you should remain with your local Gamlingay conveyancing practitioner.