My previous conveyancer has given a fee calculation of £1150 for no sale no fee conveyancing in Mitcham Junction. I am looking to sell a newly refurbished house for £125,000. Is this expensive? Is it above the norm for conveyancing in Mitcham Junction?
The charges are a bit high. If you shop around you may be able to decrease the fees slightly by perhaps a hundred pounds. That being said, you maylive to rue opting for an an unknown lawyer. Don't forget to check that the firm can also act for your mortgage company. You can make use of our search tool to locate a Mitcham Junction conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Mitcham Junction.
I had intended to instruct a conveyancing solicitor in Mitcham Junction for our home move. Our financial adviser informed us that our mortgage lenders Britannia won't deal with them. Why is this not regarded as unfair competition?
A decade ago most lenders had an appetite for risk which was higher than today. Almost all Mitcham Junction conveyancing firms would have been on most lender panels. The financial services regulator in 2010 conducted a thematic review into mortgage fraud which come to the conclusion: mortgage lenders should know the conveyancing solicitors dealt with. Consequently, lenders are increasingly seeing more information from law firms concerning their operations and the individuals who work for them and establishing certain criteria such a completing on a minimum number of transactions. Many Mitcham Junction conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Mitcham Junction is amongst the thousands of locations where the lawyers we recommend are are authorised to act for Britannia.
Due to the advice of my in-laws I had a survey completed on a property in Mitcham Junction prior to instructing conveyancers. I have been informed that there is a flying freehold overhang to the property. Our surveyor has said that some banks may refuse to grant a loan on this type of house.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. Should you wish to call us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Mitcham Junction. Conveyancing may be slightly more expensive based on your lender's requirements.
My husband and I are a fortnight into a residential purchase having been recommend to solicitors by the selling agent to handle our conveyancing in Mitcham Junction. I am am extremely dissatisfied with the level of service. Can you help me find new lawyers?
A conveyancer would need to be really poor to suggest replacing them. Has your mortgage offer been issued? If so you will need to make them aware of the new contact details and have the offer are issued to the new lawyers. Your new conveyancer should be on the mortgage company panel to avoid escalating fees and frustration. So that should be your first question of the new lawyers. Our find a solicitor tool will help you find a lender approved solicitor for your home move in Mitcham Junction
Last May I purchased a leasehold property in Mitcham Junction. Am I liable to pay service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I have tried to negotiate informally with with my landlord for a lease extension without getting anywhere. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a Mitcham Junction conveyancing firm to help?
if there is a absentee landlord or where there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the First-tier Tribunal (Property Chamber) to determine the price.
An example of a Freehold Enfranchisement matter before the tribunal for a Mitcham Junction property is 50 & 52 Southcroft Road in September 2013. The tribunals own valuation determined that the premium payable should be £29,000 This case related to 2 flats. The remaining number of years on the lease was 86.11 and 60.64.
Do online conveyancing organisations undertake everything a high street Mitcham Junction solicitor does or must I retain a solicitor for the final stages for my conveyancing in Mitcham Junction?
Where you use an online conveyancer they will cover all the tasks your Mitcham Junction solicitor would cover.