We were about to choose a conveyancing solicitor in Low Fell endorsed by you but stumbled across some other quotes via the web seem less expensive – why is this?
There are a variety of conveyancers offering what appear to be very low prices. Our recommendation is to think twice as to how much you respect your own move to you are willing to take 'cheap' risks over the quality of the conveyancing. Many of them accentuate a budget quote to tempt you but conceal extra charges in the fine print..
When does exchange of contracts occur in sale conveyancing in Low Fell and do I need to be at the lawyers branch?
Where you are round the corner to one of the conveyancing solicitors in Low Fell you are welcome to attend to sign documents. That being said, the law practices we recommend offer countrywide coverage for conveyancing and give just as diligent and professional a job for you when communicating with you electronically. The executing of the contract is not the point of no return. Signing on the dotted line simply enables the firm to officially exchange when the time is right, which will usually be very shortly after signing. The exchange process is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Low Fell)to be in the office at the appropriate time.
I purchased a semi-detached Victorian property in Low Fell. Conveyancing lawyer acted for me and Bank of Scotland. I happened to do a free search for it on the Land Registry database and I saw two entries: the first freehold, another for leasehold with the matching address. Is it worth asking Bank of Scotland to clarify?
You should review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Low Fell and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with your conveyancing solicitor who conducted the conveyancing.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on a fortnight ago in what should have been a straight forward, chain free conveyancing. Low Fell is the location of the property. Can you shed any light on this issue?
Flying freeholds in Low Fell are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Low Fell you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Low Fell 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 property.
As co-executor for the estate of my grandmother I am disposing of a property in Neath but reside in Low Fell. My conveyancer (who is 200 kilometers awayhas requested that I execute a statutory declaration prior to completion. Could you suggest a conveyancing practitioner in Low Fell to witness this legal document for me?
strictly speaking you are not likely to need to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are Low Fell based
I am in need of some leasehold conveyancing in Low Fell. Before diving in I want to be sure as to the remaining lease term.
If the lease is recorded at the land registry - and most are in Low Fell - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I own a basement flat in Low Fell, conveyancing was carried out half a dozen years ago. Can you work out an approximate cost of a lease extension? Similar properties in Low Fell with an extended lease are worth £165,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease expires on 21st October 2102
With 77 years remaining on your lease we estimate the premium for your lease extension to span between £7,600 and £8,800 plus professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be additional issues 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.