My previous lawyer has given a fee estimate £1700 for leasehold conveyancing in Lickey End. I’m looking to sell a Edwardian house for £200,000. This sounds over the top. Is it above the average fee for conveyancing in Lickey End?
The charges are a little high. Where you are happy to spend time contrasting prices you could shave off some of the cost by as much as a hundred pounds. That being said, you couldlive to regret choosing an a cheaper solicitor. If is important to enquire the firm can represent your lender. You can utilise our comparison tool to choose a Lickey End conveyancing company on the lender’s member panel which can often include conveyancing solicitors in Lickey End.
My fiance and I swapping mortgage lender for our flat in Lickey End with Aldermore. We have a son 19 who lives with us. Our solicitor requested us to identify anyone over the age of 17 other than ourselves who reside at the property. Our lawyer has now e-mailed a document for our son to sign, giving up any rights in the event that the apartment is forfeited by the lender. I have two concerns (1) Is this document specific to the Aldermore conveyancing panel as he did not need to sign this form when we bought 4 years ago (2) Does our son by signing this extinguish his entitlement to inherit the property?
First, rest assured that your Aldermore conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Aldermore. This is solely used to protect Aldermore if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Aldermore had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
My partner and I are downsizing from our home in Lickey End and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any local lawyer would know this is not the case. It does beg the question why the buyers used an internet conveyancing firm as opposed to a conveyancing solicitor in Lickey End. We have lived in Lickey End for six years we know that this is a non issue. Should we get in touch with our local Authority to seek confirmation need.
It sounds as though you may have a conveyancing firm already. What do they say? 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 ailment)
I have been on the look out for a leasehold apartment up to £235,500 and found one near me in Lickey End I like with amenity areas and railway links nearby, however it's only got 52 remaining years left on the lease. There is not much else in Lickey End suitable, so just wondered if I would be making a mistake buying a short lease?
Should you need a home loan that many years will likely be an issue. Discount the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this.
In my capacity as executor for the estate of my father I am disposing of a property in Neath but I am based in Lickey End. My conveyancer (approximately 300 miles from mehas requested that I sign a statutory declaration before completion. Could you suggest a conveyancing solicitor in Lickey End to witness and place their company stamp on the document?
Technically speaking you should not need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are Lickey End based
What happens where there is an issue with the searches carried out as part of my conveyancing in Lickey End?
Usually, almost all concerns arising from Lickey End conveyancing search results can be dealt with in advance of completion or indemnity insurance can be obtained. You need to remember that although you may be buying the premises and might be willing to live with the search results, your building society or bank may not, and when all said and done have the final decision.