I was referred a lawyer who has quoted £1150 for leasehold conveyancing in Levenshulme. I am selling a Victorian property for £125,000. This appears over the top. Is it in excess of what I should be paying for conveyancing in Levenshulme?
The costs illustration is slightly on the steep side. If you shop around you might shave off some of the cost by perhaps £125. On the other hand, you maylive to rue opting for an an untested solicitor. Don't forget to ensure that the conveyancer can represent your bank. Do utilise our search tool to find a Levenshulme conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Levenshulme.
How up to date is your search tool for Levenshulme conveyancing solicitors on the HSBC conveyancing panel? Do HSBC send you an updated list?
Levenshulme conveyancing firms themselves provide us confirmation that they are on the HSBC conveyancing panel as opposed to being supplied with a list from HSBC directly.
three months have gone by since my purchase conveyancing in Levenshulme took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I opted to have a survey done on a house in Levenshulme before instructing conveyancers. I have been informed that there is a flying freehold element to the property. My surveyor has said that some banks will refuse to issue a mortgage on a flying freehold house.
It depends who your proposed lender is. HSBC has different requirements from Birmingham Midshires. If you call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Levenshulme. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Levenshulme to see if the conveyancing will be more expensive.
I have been advised by three or four local property agents in Levenshulme to locate a conveyancer on your site. Is there a financial upside for Estate Agents to recommend your site ahead of a competitor’s?
We don’t give any commission for directing people in our direction. We thought it would be too underhand a fee because a client could think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I only have Seventy years remaining on my lease in Levenshulme. I need to extend my lease but my landlord is missing. What options are available to me?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. However, you will be required to demonstrate that you or your lawyers have made all reasonable attempts to find the freeholder. In some cases an enquiry agent would be useful to conduct investigations and prepare an expert document which can be used as evidence that the freeholder is indeed missing. It is advisable to get professional help from a property lawyer in relation to investigating the landlord’s absence and the vesting order request to the County Court covering Levenshulme.
Leasehold Conveyancing in Levenshulme - Examples of Questions you should ask Prior to buying
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The answer will be useful as a) areas may cause problems for the building as the communal areas may start to deteriorate if services remain unpaid b) if the leaseholders have an issue with the running of the building you will want to have complete disclosure Who takes responsibility for maintaining and repairing the building? Best to be warned if redecorating or some other major work is due in the near future to be shared between the leasehold owners and could well dramatically increase the the maintenance costs or require a specific payment.