I was recommended to a solicitor who has given a fee calculation of £1700 for freehold conveyancing in Margam. I am selling a newly refurbished detached home for £175,000. Is this over the top? Is it above what I should be paying for conveyancing in Margam?
The charges are a little high. If you are happy to expend time comparing costs you may be able to decrease the fees slightly by say £100 plus VAT. That being said, you mightlive to regret choosing an an unknown solicitor. Don't forget to be sure that the firm can act for your bank. You can make use of our search tool to choose a Margam conveyancing company on the lender’s conveyancing panel which can often include conveyancing solicitors in Margam.
Can the conveyancing lawyers listed on your site conduct attended exchange conveyancing in Margam?
There are a few conveyancing experts carrying out attended exchanges. You should e-mail us to receive a fee calculation and details as to dates.
I have been told that property searches are the primary reason for stalling in Margam conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) has noted the determinations of a review by MoveWithUs that conveyancing searches do not feature within the top 10 causes of hindrances during the legal transfer of property. Local searches are not likely to feature in any slowing down conveyancing in Margam.
What tools are available to identify a Margam law firm on the Bank of Ireland conveyancing panel? I drive a motor bike and am prepared to travel upto 20kilometers to meet the solicitor.
Feel free to make use of the search on this website. Please pick a lender and your location and you will see a number of Margam conveyancing lawyers locally. We have detailed some Margam conveyancing firms at the bottom of this page and you can call them to see whether they are on the Bank of Ireland member panel
My wife and I purchased a leasehold flat in Margam. Conveyancing and Lloyds TSB Bank mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1997. The conveyancing solicitor in Margam who previously acted has long since retired. Do I pay?
The first thing you should do is contact HMLR to make sure that this person is in fact the new freeholder. You do not need to incur the fees of a Margam conveyancing solicitor to do this as it can be done on-line for a few pound. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I own a leasehold flat in Margam, conveyancing was carried out November 2007. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Margam with an extended lease are worth £201,000. The ground rent is £45 charged once a year. The lease terminates on 21st October 2090
With only 65 years unexpired the likely cost is going to span between £13,300 and £15,400 plus legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.
I am purchasing a house and need a conveyancing solicitor in Margam who is on the bank conveyancing panel. Could you point me in the right direction as regards a Margam conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the bank who carry out conveyancing in Margam. We dont recommend any particular conveyancing practice.