I was referred a solicitor who has given a fee calculation of £1200 for leasehold conveyancing in Mosborough. I am selling a newly refurbished property for £300,000. Are these conveyancing fees excessive? Is it above the average fee for conveyancing in Mosborough?
The charges are a bit high. If you are prepared to expend time scrutinising fee on a like for like basis you might shave off some of the expense by perhaps £125. That being said, you maylive to rue choosing an a cheaper lawyer. Remember to ensure that the solicitor can also act for your bank. You can utilise our comparison tool to find a Mosborough conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Mosborough.
I purchased a freehold premises in Mosborough but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Mosborough and has limited impact for conveyancing in Mosborough but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges date back many centuries, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
I am purchasing a right to buy a flat in Mosborough. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Mosborough you will have to appoint a solicitor on your lender's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Mosborough.
I am buying a terrace house in Mosborough. Our aim is to carry out an extension to the side at the house.Will legal due diligence on the property include investigations to see if these works are permitted?
Your solicitor will check the registered title as conveyancing in Mosborough will sometimes reveal restrictions in the title deeds which prevent categories of alterations or require the permission of a 3rd party. Some additions call for local authority planning permissions and approval in compliance with building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these issues with a surveyor before you commit yourself to a purchase.
My partner and I have organised the release of further funds on our home loan from Aldermore as we intend to carry out renovations to our house in Mosborough. Do we need to choose a bricks and mortar Mosborough solicitor on the Aldermore conveyancing panel to handle the paperwork?
Aldermore would not normally instruct a member of their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Aldermore conveyancing panel.
I have paid off my mortgage with Bank of Ireland. I assume I don't need a Mosborough lawyer on the Bank of Ireland panel to discharge the mortgage at the Land Registry. Am I right?
If you have finished paying off your Bank of Ireland mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Bank of Ireland mortgage from the register. Bank of Ireland, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Bank of Ireland has sent the Land Registry the discharge electronically, and
- Bank of Ireland has instructed the Land Registry to do so
I am buying a new build flat in Mosborough. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Mosborough
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are architect prepared. Please supply a car parking plan.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in a fortnight ago in what was supposed to be a quick, no chain conveyancing. Mosborough is where the house is located. Is there any advice you can impart?
Flying freeholds in Mosborough are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Mosborough you would need to get your solicitor to go 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 Mosborough may ascertain 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 premises.