I was referred a conveyancer who has sent a quote for £995 for no sale no fee conveyancing in Petersfield. I am selling a purpose built detached home for £225,000. Is this expensive? Is it in excess of the average fee for conveyancing in Petersfield?
The estimate does seem marginally overpriced. If you are willing to expend time comparing charges you might decrease the fees marginally by say a hundred pounds. That being said, you mightlive to rue choosing an a cheaper lawyer. If is important to enquire the conveyancer can represent your mortgage company. Do utilise our comparison tool to find a Petersfield conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Petersfield.
Me and my brother own a terraced Edwardian property in Petersfield. Conveyancing practitioner represented me and Britannia. I happened to do a free search for it on the Land Registry database and I saw two entries: one for freehold, another for leasehold with the matching property. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Petersfield and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with your conveyancing practitioner who conducted the purchase.
I am buying a new build flat in Petersfield. 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 are examples of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Petersfield
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Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I decided to have a survey carried out on a house in Petersfield prior to retaining solicitors. I have been told that there is a flying freehold aspect to the property. Our surveyor has said that some mortgage companies will refuse to grant a mortgage on a flying freehold premises.
It varies from the lender to lender. Lloyds has different requirements for example to Birmingham Midshires. Should you wish to call us we can look into this further via the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Petersfield. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Petersfield to see if the conveyancing will be more expensive.
I have been pointed in your direction by three or four local selling agents in Petersfield to find a solicitor using your seach tool. What’s the financial advantage for Estate Agents to recommend your services ahead of alternative conveyancing organisations?
We refuse to offer any commission for sending work in our direction. We found it would be just too difficult to pay a commission as members of the public would think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
My husband and I are FTB’s - agreed a price, yet the estate agent told us that the vendor will only proceed if we instruct the agent's recommended solicitors as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a high street solicitor who is familiar with conveyancing in Petersfield
We suspect that the owner is unaware of this ultimatum. Should the seller desire ‘a quick sale', taking such a hostile approach to a motivated purchaser is likely to cause more damage than good. Bypass the agents and go straight to the sellers and make the point that (a)you are keen to buy (b)you are ready to progress, with finances in place © you are chain free (d) you wish to move quickly (e)however you are going to instruct your preferred Petersfield conveyancing solicitors - rather thanthe ones that will provide the negotiator at the agency a introducer fee or achieve conveyancing thresholds demanded by HQ.