My best friend’s step-father is a conveyancer. I anticipate that I will receive friends and family fee for conveyancing, but if not, what kind of fees would I typically be looking at for conveyancing in Mobberley?
You should compare pricing. Make use of our search tool on this page. Whilst charges may be different but service levels do differ between conveyancers as is the case with most professions.
In what way does my ID and proof of funds have anything to do with my conveyancing in Mobberley? Why is this being asked of me?
To satisfy the Money Laundering Regulations any Mobberley conveyancing firm will require proof of identity in all conveyancing matters. This is normally dealt with by provision of a passport and an original bank statement or utility bill showing where you reside.
Under Money Laundering Regulations, conveyancers are obliged by law to ascertain not just the ID of conveyancing clients but also the origin of the money that they receive in respect of any matter. An unwillingness to disclose this may result in your conveyancer cancelling their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your conveyancers are duty bound to inform the relevant authorities should they believe that any monies received by them may contravene the Money Laundering Regulations.
I'm purchasing a new build house in Mobberley with the aid of help to buy. The builders would not budge the amount so I negotiated 6k of fixtures and fittings instead. The property agent suggested that I not reveal to my lawyer about this side-deal as it will adversely affect my loan with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
My cousin has suggested that I use his conveyancers in Mobberley. Should I choose my own solicitor?
There are no two ways about it it’s preferable to choose a conveyancing solicitor is to have referrals from friends or relatives who have actually previously instructed the conveyancer that you are contemplating using.
My wife and I purchased a leasehold house in Mobberley. Conveyancing and Clydesdale mortgage organised. A letter has just been received from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1994. The conveyancing solicitor in Mobberley who acted for me is not around. Do I pay?
First contact HMLR to be sure that this person is indeed the registered owner of the freehold reversion. You do not need to incur the fees of a Mobberley conveyancing practitioner to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I am the registered owner of a garden flat in Mobberley, conveyancing formalities finalised 9 years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Mobberley with a long lease are worth £197,000. The ground rent is £55 charged once a year. The lease ceases on 21st October 2080
With just 55 years remaining on your lease we estimate the premium for your lease extension to range between £31,400 and £36,200 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.
What could I expect to pay for conveyancing in Mobberley?
Almost all Mobberley conveyancing practices will agree to a fixed fee. If additional work arise during the transaction your conveyancer is duty bound to advise you in writing of any additional costs for any work immediately it becomes apparent. Some work on a no completion no fee principle, others will levy an bill for a proportion of the agreed costs, depending on the stage at which the matter falls through.
We would recommend that you ask two or three practices to supply you an estimate.