We hired a high street solicitor for my conveyancing in Ponteland yesterday. Upon checking the small print I seewe are liable for charges even if the sale doesn't happen. Would I be best advised to select a web based firm advertising no-sale-no-fee conveyancing in Ponteland?
It is usually a trade off in that if "No Sale No Fee" is offered then the conveyancing charges will generally be higher to neutralise those transactions that do not proceed. You should be mindful that such promotions rarely cover expenses by way of example Ponteland conveyancing search fees.
My lawyer in Ponteland is not on the Barclays Conveyancing Panel. Is it possible for me to continue with my prefered solicitor even though they are excluded from the Barclays panel of approved conveyancing solicitors?
The limited options available to you here include:
- Carry on with your preferred Ponteland solicitors but Barclays will need to retain a conveyancer on their panel. This will result in additional total legal charges and result in frustration.
- Choose a new solicitor to act in the conveyancing, not forgetting to check they are Convince your lawyer to do everything within their powers to join the Barclays conveyancing panel
My wife and I purchased a terraced Victorian house in Ponteland. Conveyancing lawyer represented me and Godiva Mortgages Ltd. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, the second leasehold under the matching property. If a house is not a freehold shouldn't I have been informed?
You need to 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Ponteland 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 mortgage companies. You can also enquire as to the position with your conveyancing solicitor who conducted the purchase.
Yesterday I discovered that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a straight forward, chain free conveyancing. Ponteland is the location of the property. What do you suggest?
Flying freeholds in Ponteland are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Ponteland you would need to get your solicitor to go through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Ponteland 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.
I need to find a conveyancing solicitor for remortgage conveyancing in Ponteland. I happened to chance upon a site which looks to be the ideal offering If there is a chance to get all formalities completed via web that would be ideal. Do I need to be wary? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Our conveyancer has advised that he intends to complete and exchange simultaneously on our sale of a £425,000 garden flat in Ponteland next week. The landlords agents has quoted £324 for Certificate of Compliance, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge such fees for a leasehold conveyance in Ponteland?
For most leasehold sales in Ponteland conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Addressing pre-exchange enquiries
Where consent is required before sale in Ponteland
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I own a basement flat in Ponteland, conveyancing was carried out half a dozen years ago. Can you work out an approximate cost of a lease extension? Comparable flats in Ponteland with over 90 years remaining are worth £191,000. The ground rent is £55 invoiced every year. The lease expires on 21st October 2078
With only 53 years remaining on your lease we estimate the premium for your lease extension to range between £27,600 and £31,800 as well as 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 detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.