AssumingI was to buy a straightforward propertyin Kidwelly for cash and have no survey and no conveyancing searches how much could I expect to to save on my conveyancing in Kidwelly?
The only reduction in fees you would achieve is the Kidwelly conveyancing searches. Your property lawyer is required to do the vast majority of work - money laundering, liaising with the sellers conveyancing practitioner, SDLT return, register the ownership etc. You might save a bit for them not having to register a charge but it will not be significant.
My wife and I are downsizing from our house in Kidwelly and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any local conveyancer would know that there is no such problem. For the life of me I don't know why the buyers are using an internet conveyancing practice rather than a conveyancing solicitor in Kidwelly. Having lived in Kidwelly for three years we know that this is a non issue. Should we get in touch with our local Authority to seek clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm already. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a straight forward, chain free conveyancing. Kidwelly is the location of the property. Is there any guidance you can impart?
Flying freeholds in Kidwelly are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Kidwelly you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Kidwelly may decide 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 residence.
I am downsizing from my house. My former solicitors has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Kidwelly if that makes things easier.
Do use our search tool to help you choose a solicitor for your conveyancing in Kidwelly. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
My husband and I are first time buyers - had an offer accepted, but the agent has warned us that the vendor will only issue a contract if we instruct the agent's preferred conveyancers as they want a ‘quick sale’. We would rather use a family conveyancer who is accustomed to conveyancing in Kidwelly
It is highly unlikely the sellers are behind this. Should the vendor desire ‘a quick sale', turning down a motivated buyer is likely to cause more damage than good. Contact the owners directly and explain that (a)you are motivated buyers (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)but you are going to appoint your own,trusted Kidwelly conveyancing firm - not the ones that will give the negotiator at the agency a commission or achieve conveyancing thresholds pre-set by senior management.
Our conveyancer has advised that he intends to complete and exchange simultaneously on our sale of a £200,000 garden flat in Kidwelly in 5 days. The managing agents has quoted £348 for Landlord’s certificate, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a leasehold conveyance in Kidwelly?
Kidwelly conveyancing on leasehold flats usually involves the buyer’s conveyancer sending enquiries for the landlord to answer. Although the landlord is not legally bound to answer such questions most will be willing to assist. They are at liberty to levy a reasonable administration fee for responding to questions or supplying documentation. There is no upper cap for such fees. The average fee for the information that you are referring to is £350, in some situations it exceeds £800. The administration charge levied by the landlord must be sent together with a synopsis of rights and obligations in respect of administration charges, otherwise the charge is technically not due. Reality however dictates that one has no choice but to pay whatever is requested of you if you want to exchange contracts with the buyer.
I bought a leasehold flat in Kidwelly, conveyancing formalities finalised 9 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Kidwelly with an extended lease are worth £195,000. The ground rent is £45 levied per year. The lease comes to an end on 21st October 2089
With only 63 years remaining on your lease we estimate the price of your lease extension to range between £16,200 and £18,600 as well as legals.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more detailed due diligence. You should not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.