My previous conveyancer has given a fee estimate £1200 for freehold conveyancing in Putney. I am hoping to sell a Edwardian house for £150,000. Is this over the top? Is it in excess of what I should be paying for conveyancing in Putney?
The estimate does seem marginally steep. Where you are prepared to spend time contrasting fee on a like for like basis you may be able to get the conveyancing a bit cheaper by as much as a hundred pounds. On the other hand, you maycome to regret opting for an an unknown solicitor. If is important to ensure that the solicitor can also act for your mortgage company. Do make use of our comparison tool to find a Putney conveyancing firm on the banks member panel which can often include conveyancing solicitors in Putney.
My Solicitor in Putney is not listed on the Clydesdale Solicitor Panel. Is it possible for me to retain my family solicitor even though they are not on the Clydesdale panel of approved conveyancing solicitors?
The limited options open to you here include:
- Complete the purchase with your preferred Putney lawyers but Clydesdale will need to retain a conveyancer on their list of acceptable firms. This will inevitably rack up the total legal fees and cause frustration.
- Get a new solicitor to to deal with the conveyancing, remembering to check they are on the Clydesdale panel
I need some expedited conveyancing in Putney as I have a deadline to exchange contracts inside one month. Fortunately I do not need a mortgage. Is it possible to decline from having conveyancing searches to save fees and time?
As you are not obtaining a mortgage you have the choice not to do searches although no law firm would advise that you don't. Drawing on our experience of conveyancing in Putney the following are examples of what can show up and therefore affect the marketability of the property: Enforcement Notices, Overdue Charges, Overdue Grants, Unadopted Roads,...
I am buying a new build flat in Putney. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Putney
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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. 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. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
Estate agents have just been given the go-ahead to market my basement apartment in Putney. Conveyancing lawyers have not yet been instructed, however I have recently had a yearly maintenance charge invoice – should I leave it to the buyer to sort out?
The sensible thing to do is clear the service charge as you normally would because all ground rent and maintenance payments 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 management companies 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.
Having spent months of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Putney. Can we issue an application to the Residential Property Tribunal Service?
Most definitely. We can put you in touch with a Putney conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Putney flat is 19 St. Margarets Crescent in August 2010. the tribunal was of the view that the premium to be paid by the leaseholder for the freehold reversion was £51,983.00 This case was in relation to 3 flats. The number of years remaining on the existing lease(s) was 66.25 years.
My solicitors in Putney have advised me that they can not locate my conveyancing file. At the time of my purchase I took out a mortgage with the bank. Is it case that being on the lender conveyancing panel they need to have retained the file for a prescribed period?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the bank Conveyancing Panel Terms. It might be worth you contacting the lender directly.