My previous conveyancer has given a fee calculation of £1200 for no sale no fee conveyancing in Hatton Park. I am selling a purpose built property for £200,000. Are these estimated fees excessive? Is it in excess of what I should be paying for conveyancing in Hatton Park?
The estimate does seem a tad overpriced. Where you are prepared to spend time contrasting fee on a like for like basis you could trim some of the cost by as much as £125. That being said, you couldcome to rue choosing an an untested conveyancer. If is important to be sure that the firm can also act for your bank. You can employ our search tool to select a Hatton Park conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Hatton Park.
Do the conveyancing practitioners that you recommend conduct right to buy conveyancing in Hatton Park?
We work with a number of conveyancing firms who can conduct right to buy conveyancing You should get in touch with the lawyers listed in order to get a costs calculation.
My wife and I purchased a terraced Edwardian property in Hatton Park. Conveyancing lawyer represented me and Clydesdale. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold under the matching property. Is it worth asking Clydesdale to clarify?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Hatton Park and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also question the position with your conveyancing lawyer who conducted the work.
I've recently found out that there is a flying freehold element on a property I put an offer in two weeks back in what was supposed to be a simple, chain free conveyancing. Hatton Park is where the house is located. Is there any guidance you can impart?
Flying freeholds in Hatton Park are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hatton Park you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hatton Park may ascertain 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 premises.
I've found a house that appears to tick a lot of boxes, at a great price which is making it more attractive. I have just discovered that the title is leasehold as opposed to freehold. I am assuming that there are issues buying a leasehold house in Hatton Park. Conveyancing advisers have not yet been appointed. Will my lawyers set out the implications of buying a leasehold house in Hatton Park ?
Most houses in Hatton Park are freehold rather than leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can assist with the conveyancing process. It is clear that you are buying in Hatton Park so you should seriously consider looking for a Hatton Park conveyancing practitioner and check that they have experience in advising on leasehold houses. First you will need to check the number of years remaining. Being a tenant you will not be at liberty to do whatever you want to the property. The lease comes with conditions such as obtaining the landlord’spermission to carry out changes to the property. You may also be required to pay a contribution towards the upkeep of the communal areas where the property is part of an estate. Your conveyancer will advise you fully on all the issues.
I acquired a basement flat in Hatton Park, conveyancing having been completed August 2010. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Hatton Park with an extended lease are worth £201,000. The average or mid-range amount of ground rent is £45 levied per year. The lease ends on 21st October 2090
You have 65 years left to run we estimate the price of your lease extension to range between £13,300 and £15,400 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of detailed investigations. You should not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.
What is the average conveyancing fee for conveyancing in Hatton Park?
The average fee in 2014 for conveyancing in Hatton Park was just under one thousand five hundred pounds excluding Land Tax and HM Land Registry fees.