My fiance’s uncle is a conveyancing practitioner. I anticipate that I'll be able to get preferential pricing for conveyancing, but if not, what level of fees would I typically be looking at for conveyancing in Norfolk?
Do contrast pricing. Do use our search tool on this site. Whilst amounts seem to contrast greatly but service levels do are distinct between solicitors as is true with the vast majority of professional services.
I own a freehold house in Norfolk but nevertheless charged rent, why is this and what is this?
It is rare for properties in Norfolk and has limited impact for conveyancing in Norfolk 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 have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges from 1977 onwards.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be dispensed with completely.
I am planning to acquire a property and require a conveyancing solicitor in Norfolk who is on the Clydesdale approved. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Clydesdale in certain locations such as Norfolk. We dont recommend any particular firm.
Due to the input of my in-laws I had a survey completed on a house in Norfolk prior to retaining lawyers. I have been informed that there is a flying freehold element to the house. Our surveyor has said that some lenders may not issue a mortgage on this type of home.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. If you contact us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Norfolk. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Norfolk to see if the conveyancing will be more expensive.
Am I right to be concerned by brokers that I am dealing with are recommending a web based conveyancing firm as opposed to a local Norfolk conveyancing company?
As is the case with many professional services, often referrals from connections can be very helpful. But there are numerous parties with a keen interest in a conveyancing matter; estate agents, financial adviser and mortgage companies may recommend solicitors to instruct. On occasion the lawyers might be known to one of the organisations as being good in their field, but occasionally there may be a financial incentive behind the endorsement. You are free to choose your own conveyancer. However, bear in mind that many mortgage providers operate an approved list of solicitors you have to use for the lender related work in your house move.
Estate agents have just been given the go-ahead to market my 2 bed flat in Norfolk. Conveyancing lawyers have not yet been instructed, however I have just received a quarterly maintenance charge invoice – what should I do?
Your conveyancing lawyer is likely to suggest that you should clear the invoice as normal because all rents and maintenance charges should be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I am the registered owner of a 2 bed flat in Norfolk, conveyancing formalities finalised in 2009. Can you work out an approximate cost of a lease extension? Similar properties in Norfolk with an extended lease are worth £191,000. The average or mid-range amount of ground rent is £55 levied per year. The lease terminates on 21st October 2078
With just 53 years remaining on your lease we estimate the price of your lease extension to span between £27,600 and £31,800 as well as professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.