Is there a reason to appoint a Norfolk conveyancing solicitors firm when national conveyancers are cheap by comparison?
By all means make sure that you contrast conveyancing costs in Norfolk and you should seek an affordable quote but don’t waste your energy sourcing the lowest priced Norfolk conveyancer. Finding the right conveyancer can be the distinction between a smooth and a stressful house move. You need to ensure that you have expert guidance from a specialist lawyer. An e-mail can never replace a phone conversation and are no substitute for a one to one meeting. The firms that we work with will find you a qualified and top rated conveyancing solicitor who can tackle your conveyancing from beginning to end, providing a level of personalised service that you rarely receive from an online conveyancer. Our lawyers will contact you regularly to update you as to progress and keep you informed. Should it ever be necessary to contact the firm you will know who you need to speak to and they will endeavour to make sure that you are kept fully informed.
In what way does my ID and proof of funds have anything to do with my conveyancing in Norfolk? What am I being asked for?
In order to comply with Money Laundering Regulations any Norfolk conveyancing firm will require proof of identity in all conveyancing matters. This is normally satisfied by provision of a passport and an original bank statement or utility bill showing your correct address.
Under Money Laundering Regulations, property lawyers are duty bound to investigate not simply the identity of conveyancing clients but also the source of the money that they receive in respect of any matter. An unwillingness to disclose this will result in your conveyancer terminating their relationship with you, as clearly this will cause a conflict between the set Regulations and a refusal to disclose.
Your property lawyers are duty bound to inform the relevant authorities should they believe that any amounts received by them may contravene the Money Laundering Regulations.
I have been on the look out for a ground for flat up to £305k and identified one close by in Norfolk I like with amenity areas and station nearby, however it only has 51 years on the lease. There is not much else in Norfolk for this price, so just wondered if I would be making a mistake acquiring a short lease?
If you require a mortgage the shortness of the lease will be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the premises for at least 2 years you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
My step-father has suggested that I use his lawyers for conveyancing in Norfolk. Do I follow his guidance?
Much as we are happy to recommend a Norfolk conveyancing lawyer the best way to choose a conveyancing lawyer is to get recommendations from friends or family who have used the conveyancer you're considering.
Can you offer any advice when it comes to finding a Norfolk conveyancing practice to carry out our lease extension conveyancing?
When appointing a conveyancer for your lease extension (regardless if they are a Norfolk conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We recommend that you speak with two or three firms including non Norfolk conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be useful:
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What volume of lease extensions has the firm carried out in Norfolk in the last twenty four months? If the firm is not ALEP accredited then what is the reason?
I purchased a ground floor flat in Norfolk, conveyancing was carried out 9 years ago. How much will my lease extension cost? Corresponding flats in Norfolk with an extended lease are worth £260,000. The ground rent is £45 yearly. The lease ceases on 21st October 2099
With only 74 years unexpired we estimate the price of your lease extension to span between £8,600 and £9,800 plus costs.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.
Do online conveyancing organisations do everything a high street Norfolk solicitor does or must I retain a solicitor for the final stages for my conveyancing in Norfolk?
Where you instruct an online conveyancer they will undertake all the tasks your Norfolk conveyancer would cover.