My previous lawyer has quoted £1700 for no sale no fee conveyancing in Isle of Sheppey. I’m looking to sell a modern property for £250,000. Is this overpriced? Is it above what I should be paying for conveyancing in Isle of Sheppey?
The estimate does seem marginally overpriced. If you are content to invest time contrasting quotes you may be able to reduce the fees slightly by say a hundred pounds. On the other hand, you maylive to rue opting for an a cheaper lawyer. If is important to enquire the firm can represent your mortgage company. Do make use of our search tool to select a Isle of Sheppey conveyancing company on the banks conveyancing panel which can often include conveyancing solicitors in Isle of Sheppey.
The Isle of Sheppey conveyancing firm handling our Isle of Sheppey conveyancing has identified a discrepancy when comparing the assumptions in the valuation report and what is revealed within the title deeds. My lawyer informs me that he is obliged to check that the bank is happy with this discrepancy and is content to go ahead. Is my lawyer’s course or action appropriate?
Your solicitor must comply with the UK Finance Lenders’ Handbook provisions which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
I appreciate that there are debates on Chancel Insurance on online forums. Do I require this when buying a residence in Isle of Sheppey? or Apparently there is a law dating back centuries that could mean that homeowners residing in a parish church boundary may be liable to contribute towards maintenance towards the chancel within the church. Is this a legitimate concern for conveyancing in Isle of Sheppey?
Unless a previous acquisition of the premises took place after 12 October 2013 you can take it that conveyancing practitioners conducting conveyancing in Isle of Sheppey to remain encouraging a chancel search and or chancel repair liability insurance.
How simple is it to change firm as I have to retain one who is on the Virgin Money conveyancing list. I was using a high street conveyancing solicitor in Isle of Sheppey five minutes from me but she is not approved by Virgin Money
It would be our pleasure to help you find a conveyancing solicitor in Isle of Sheppey on the Virgin Money panel. Please note that the solicitors that we work with do not pay us a referral fee if you instruct them and are authorised and regulated by the SRA who oversee all conveyancing solicitors in Isle of Sheppey. In making use of the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Isle of Sheppey.
Am I better off to go with a Isle of Sheppey conveyancing lawyer based in the vicinity that I am purchasing? I have an old university friend who can perform the conveyancing but her office is 200kilometers drive away.
The benefit of a local Isle of Sheppey conveyancing practice is that you can visit the firm to sign documents, deliver your identification documents and pester them where appropriate. They will also have local insight which is a plus. However it's more important to get someone that will pull out all the stops for you. If other friends have instructed your friend and the majority were happy that must trump using an unknown Isle of Sheppey conveyancing solicitor just because they are local.
Last March I purchased a leasehold flat in Isle of Sheppey. Am I liable to pay service charges relating to a period prior to completion of my purchase?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I purchased a 1st floor flat in Isle of Sheppey, conveyancing formalities finalised in 1998. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Isle of Sheppey with over 90 years remaining are worth £255,000. The ground rent is £45 invoiced every year. The lease expires on 21st October 2098
With 73 years unexpired we estimate the price of your lease extension to range between £8,600 and £9,800 plus 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 the actual costs without more detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.