My previous lawyer has given a fee calculation of just over a thousand pound for no sale no fee conveyancing in Long Eaton. I’m hoping to downsize from a newly refurbished property for £125,000. This seems too much. Is it above what I should be paying for conveyancing in Long Eaton?
The costs illustration is slightly on the steep side. If you are prepared to expend time comparing charges you may be able to shave off some of the cost by perhaps £100 plus VAT. That being said, you couldcome to regret choosing an an unknown lawyer. Don't forget to enquire the conveyancer can also act for your lender. You can use our search tool to choose a Long Eaton conveyancing practice on the lender’s conveyancing panel which can often include conveyancing solicitors in Long Eaton.
Can I use your services to recommend a Conveyancing solicitor in Long Eaton even if I’m not purchasing or selling a house, for instance where I intend to acquire an office in Long Eaton with a loan from Accord Mortgages Ltd?
The service is mainly there to find residential conveyancing solicitors in Long Eaton but we have set out towards the end of this page a few Long Eaton commercial conveyancing firms. You should speak with the solicitors directly to establish if they can also act for Accord Mortgages Ltd
Please explain the implications if my solicitor is suspended from the Coventry BS Conveyancing panel ahead of completing my conveyancing in Long Eaton?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Over the last few months I have been searching for a ground for flat up to £235,500 and found one round the corner in Long Eaton I like with amenity areas and railway links nearby, the downside is that it's only got 49 years on the lease. I can't really find anything else in Long Eaton in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a mortgage the remaining unexpired lease term will be problematic. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you could ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
I need to appoint a conveyancing solicitor for remortgage conveyancing in Long Eaton. I've stumble upon a web site which looks to be the perfect solution If it is possible to get all the legals done via phone that would be ideal. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
We are in the process of a leasehold sale of a flat in Long Eaton. Conveyancing is fine but we have been asked to pay a fortune from the freeholder. So far we have forked out £250 for a leasehold management information and then another £134.40 for answers to questions supplied by the buyers conveyancer.
Your solicitor will unlikely have any control over the extent of the fee for this information however the average costs for the information for Long Eaton leasehold premises is £380. For Long Eaton conveyancing deals it is usual for the seller to cover the costs. The landlord or their agents are under no statutory obligation to address such questions although many will agree to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that mandates set charges for administrative tasks. Neither is there any legal time limit by which they are required to provide answers.