The conveyancer who dealt with my previous purchase has given a fee estimate £1200 for fixed fee conveyancing in Quedgeley. I’m selling a purpose built detached home for £175,000. Is this expensive? Is it in excess of what I should be paying for conveyancing in Quedgeley?
The estimate does seem a tad steep. If you shop around you may be able to decrease the fees marginally by say a hundred pounds. On the other hand, you couldlive to rue opting for an an untested conveyancer. Remember to check that the conveyancer can represent your bank. Do make use of our search tool to choose a Quedgeley conveyancing firm on the lender’s conveyancing panel which can often include conveyancing solicitors in Quedgeley.
Me and my partner are purchasing a apartment in Quedgeley. It might be a silly question but how we can trust a solicitor? At some point we will need to send money into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
I recently had an offer accepted on a house in Quedgeley. My financial adviser suggested a conveyancing practitioner. I paid an on account payment of £225. Shortly after, the solicitor called me sheepishly admitting that they were not on the Coventry BS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Coventry BS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Leeds Building Society have agreed my mortgage in principle, my bid on a flat in Quedgeley has been accepted, what happens next?
Your estate agent will want to be informed of your conveyancing practitioner's details (ensure that the conveyancers are on the lender’s panel). Telephone Leeds Building Society or the broker and finalise any appropriate forms. Leeds Building Society will instruct a valuer who will get in touch with the estate agent or seller to book an appointment. Once conducted (assuming no problems) it takes approximately ten days for the mortgage offer to be issued. Leeds Building Society will send the offer to you and your conveyancers. The legal work will then take it’s course according the nature and complexity of the conveyancing in Quedgeley.
I have justdiscovered that Stirling Law have closed. They carried out my conveyancing in Quedgeley for a purchase of a leasehold flat 9 months ago. How can I check that the property is in my name in the name of the former proprietor?
The quickest way to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Quedgeley conveyancing specialists.
I am looking for a leasehold apartment up to £195,000 and found one close by in Quedgeley I like with a park and station nearby, however it only has 61 years on the lease. I can't really find anything else in Quedgeley in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?
If you require a home loan the remaining unexpired lease term may be problematic. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the property for at least twenty four months you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this matter.
How do I use your search app to find a conveyancing lawyer in Quedgeley on the approved list for my mortgage?
1st select a lender such as Barclays , Skipton Building Society or Britannia then choose your location for example Quedgeley. Conveyancing practices in Quedgeley and across England and Wales should be shown.
I have recently realised that I have 62 years remaining on my lease in Quedgeley. I need to extend my lease but my landlord is absent. What should I do?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. However, you will be required to demonstrate that you or your lawyers have made all reasonable attempts to track down the landlord. For most situations a specialist should be useful to carry out a search and to produce an expert document to be accepted by the court as proof that the freeholder is indeed missing. It is wise to seek advice from a conveyancer in relation to devolving into the landlord’s absence and the vesting order request to the County Court covering Quedgeley.
I own a 1st floor flat in Quedgeley, conveyancing was carried out half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar flats in Quedgeley with an extended lease are worth £216,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease finishes on 21st October 2096
With 70 years unexpired the likely cost is going to be between £9,500 and £11,000 plus professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.