I was recommended to a conveyancer who has quoted £1150 for freehold conveyancing in Guildford. I am looking to sell a modern house for £275,000. Are these estimated fees excessive? Is it in excess of the norm for conveyancing in Guildford?
The costs illustration is fractionally on the high side. If you are content to invest time comparing charges you may be able to trim some of the expense by as much as £100 plus VAT. On the other hand, you mightlive to rue choosing an an untested conveyancer. Remember to be sure that the conveyancer can act for your lender. You can use our search tool to select a Guildford conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Guildford.
My wife and I are due to complete buying a property in Guildford but as a consequence of wreckage from a small fire at the property I have managed to agree recompense from the seller in the sum of £3k taking the form of a deduction in the price. I had intended this to be addressed as part of the conveyancing process yet Nottingham are not allowing this. Should they have been involved?
The lawyer being on a Nottingham conveyancing panel is duty bound to inform Nottingham of any amendments to the purchase price. If you prohibit your solicitor to notify the price change to Nottingham then they would have to discontinue acting for you. In addition, Nottingham and you would have to appoint a new property lawyer for your conveyancing in Guildford.
As someone unfamiliar with conveyancing in Guildford what’s the number one tip you can impart for the legal transfer of property in Guildford
You may not hear this from too many lawyers but conveyancing in Guildford or throughout Surrey is often a confrontational process. In other words, when it comes to conveyancing there exists an abundance of room for conflict between you and others involved in the transaction. E.g., the seller, property agent and on occasion the mortgage company. Appointing a solicitor for your conveyancing in Guildford is a critical decision as your conveyancer is your adviser, and is the ONE party in the legal process whose responsibility is to act in your legal interests and to keep you safe.
There is a distinct ongoing adversarial element to conveyancing- someone has to be blamed for the process taking so long. You must always trust your lawyer ahead of the other parties when it comes to the legal assignment of property.
Just had an offer accepted on a new build flat in Guildford. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Here is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Guildford
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Please supply a car parking plan. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
Over the last few months I have been searching for a flat up to £195,000 and found one round the corner in Guildford I like with a park and transport links in the vicinity, the downside is that it only has 49 years on the lease. There is not much else in Guildford for this price, so just wondered if I would be making a grave error buying a short lease?
Should you require a mortgage that many years will likely be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you may request that they start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.
Harry (my fiance) and I may need to rent out our Guildford garden flat temporarily due to a new job. We instructed a Guildford conveyancing firm in 2001 but they have closed and we did not have the foresight to seek any advice as to whether the lease permits subletting. How do we find out?
Notwithstanding that your previous Guildford conveyancing solicitor is no longer around you can check your lease to see if you are permitted to let out the apartment. The accepted inference is that if the lease is silent, subletting is allowed. There may be a precondition that you need to seek consent via your landlord or some other party before subletting. The net result is that you cannot sublet in the absence of prior consent. Such consent is not allowed to be unreasonably refused ore delayed. If your lease prohibits you from letting out the property you should ask your landlord if they are willing to waive this restriction.
Guildford Conveyancing for Leasehold Flats - Sample of Queries before Purchasing
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The prefered form of lease structure is if the freehold reversion is owned by the leaseholders. In this arrangement the leaseholders have being in charge if their destiny and notwithstanding that a managing agent is usually employed if the building is larger than a house conversion, the managing agent is directed by the tenants. How much is the ground rent and service charge?