I was referred a conveyancer who has sent a quote for £1400 for leasehold conveyancing in Killay. I am looking to sell a Edwardian house for £225,000. This appears over the top. Is it above what I should be paying for conveyancing in Killay?
The estimate does seem a tad steep. Where you are content to invest time comparing quotes you could shave off some of the cost by perhaps £125. On the other hand, you mightlive to rue opting for an an unknown lawyer. Don't forget to check that the solicitor can also act for your mortgage company. You can use our comparison tool to locate a Killay conveyancing firm on the lender’s member panel which can often include conveyancing solicitors in Killay.
We are soon to exchange on the purchase of a property in Killay but as a result of wreckage from the recent storms I have was able negotiate compensation from the seller in the sum of £3k in the form of a reduction in the price. I had intended this to be dealt with as part of the conveyancing process yet Co-operative will not agree to this. Why were they informed?
Your conveyancing practitioner that is on the Co-operative approved list is duty bound to advise Co-operative of any amendments to the sale price. If you were to refuse your conveyancer to report the price change to Co-operative then they would have to discontinue acting for you. In addition, Co-operative and you would have to appoint a new solicitor for your conveyancing in Killay.
It is 10 years ago since I acquired my property in Killay. Conveyancing lawyers have recently been retained on the sale but I can't locate the title documents. Is this a major issue?
You need not be too concerned. First the deeds may be retained by the mortgage company or they could be in the possession of the solicitor who oversaw the purchase. Secondly in all probability the property will be registered at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors acquiring current official copies of the land registers. Almost all conveyancing in Killay involves registered property but in the unlikely event that your home is unregistered it is more tricky but is resolvable.
We are close to exchanging contracts on the sale of our house in Killay and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. Any high street Killay lawyer would know that there is no such problem. It does beg the question why the buyers used a national conveyancing firm rather than a conveyancing solicitor in Killay. Having lived in Killay for 4 years we know that this is a non issue. Do we get in touch with our local Authority to obtain confirmation need.
It sounds as though you may have a conveyancing lawyer already. Are they able to advise? You must check with 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 illness)
About to purchase a new build flat in Killay. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Killay
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Forfeiture - bankruptcy or liquidation must not apply under this provision. There must be mutual enforceability of lessee’s covenants. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. 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.
Hoping to buy a property located in Killay and I am already nervous. I couldn't find anything specific about Killay. Conveyancing will be needed in due course but do you know about the Killay area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Killay. In the meantime here are some basic statistics that we found