I was recommended to a solicitor who has quoted £1150 for leasehold conveyancing in Gloucester. I’m selling a Edwardian property for £125,000. Are the quoted fees excessive? Is it above the norm for conveyancing in Gloucester?
The quote is fractionally on the high side. If you are happy to invest time scrutinising fee on a like for like basis you may be able to trim some of the cost by say £125. On the other hand, you maylive to rue choosing an a cheaper conveyancer. Don't forget to ensure that the solicitor can represent your lender. You can make use of our search tool to select a Gloucester conveyancing practice on the lender’s conveyancing panel which can often include conveyancing solicitors in Gloucester.
I have given 8 weeks notice to my existing landlord and have to leave my let out flat in Gloucester by the end of next month. Conveyancing on my purchase has just started. Can I complete in a couple of weeks as don't want to have to move into temporary accommodation?
It is unwise to serve notice on a rental unless exchange of contracts has taken place. If you have not previously done so, notify to your conveyancer and ask them to they cajole the sellers solicitors, try to a target completion date that all parties will work to achieve
Over the last few months I have been searching for a leasehold apartment up to £305k and identified one close by in Gloucester I like with a park and railway links nearby, however it only has 49 remaining years left on the lease. I can't really find anything else in Gloucester for this price, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a home loan that many years may be an issue. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for at least 2 years you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
I'm refinancing my primary home to a buy to let mortgage with Nationwide Building Society and I will use the ballance of the raised equity as a deposit on a second house. The area we are interested in is Gloucester. Will your lawyers be able to act for the two lenders and tie in the transactions?
Make use of our comparison tool on this site to be sure that the conveyancers are approved by both banks. Assuming that they are the solicitor will be able to connect the two transactions but you should talk with you solicitor and make apparent your expectations and needs.
Can you offer any advice when it comes to finding a Gloucester conveyancing practice to carry out our lease extension conveyancing?
If you are instructing a solicitor for your lease extension (regardless if they are a Gloucester conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of work. We advise that you speak with several firms including non Gloucester conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be helpful:
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Can they put you in touch with clients in Gloucester who can give a testimonial? If they are not ALEP accredited then what is the reason?
Leasehold Conveyancing in Gloucester - Sample of Questions you should consider before Purchasing
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Best to be warned whether changing the roof or some other major work is pending to be shared by the leaseholders and could well materially impact the level of the maintenance fees or necessitate a one time payment. This information is helpful as a) areas may result in problems for the block as the common areas may start to deteriorate where services are not paid for b) if the leasehold owners have an issue with the running of the building you will need to have all the details Make sure you discover if there is anything that is prohibited in the lease. For example it is fairly common in Gloucester leases that pets are not allowed in certain buildings in Gloucester. If you love the propertyin Gloucester but your dog can’t make the move with you then you will be faced difficult decision.
Is it the case that all Gloucester legal practices on every bank conveyancing panel?
The Lexsure search tool on this page may be of use or you can drop into your local lender branch in Gloucester. Chances are that they will be in a position to list some approved conveyancing solicitors in Gloucester