My fiance’s mother is a property lawyer. I am hopeful that I'll be able to get friends and family fee for conveyancing, but if not, what kind of fees should I be paying for conveyancing in Sandown?
It’s a good idea to obtain 3 or more like-for-like conveyancing quotes. Make use of our comparison tool on this site. The amounts will be different but service levels do are distinct between conveyancers as is the case with most professions.
I purchased a freehold property in Sandown yet pay rent, why is this and what is this?
It’s unusual for properties in Sandown and has limited impact for conveyancing in Sandown but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
The deeds to my house can not be found. The solicitors who handled the conveyancing in Sandown 4 years ago are no longer around. What are my options?
In today’s world there are copies made of almost everything, and your conveyancer will know precisely where to look for all the suitable documentation so you can buy or dispose of your property without a hitch. Where copies can’t be located, your conveyancer can put in place insurance or indemnities protecting you against future claims on your premises.
Just had an offer accepted on a new build flat in Sandown. Conveyancing is necessary evil 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 conveyancing.
Here is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Sandown
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Please confirm the Lease plans are surveyor prepared. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. 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. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
I need to retain a conveyancing solicitor for my conveyancing in Sandown. I've land on a site which seems to have the ideal offering If there is a chance to get all formalities completed via phone that would be preferable. Do I need to be concerned? 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?
What advice can you give us when it comes to appointing a Sandown conveyancing practice to deal with our lease extension?
When appointing a solicitor for lease extension works (regardless if they are a Sandown conveyancing firm) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We advise that you make enquires with two or three firms including non Sandown conveyancing practices before you instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be useful:
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What are the costs for lease extension conveyancing? Can they put you in touch with clients in Sandown who can give a testimonial?
I bought a 1st floor flat in Sandown, conveyancing formalities finalised in 2000. How much will my lease extension cost? Corresponding properties in Sandown with an extended lease are worth £265,000. The ground rent is £50 charged once a year. The lease comes to an end on 21st October 2101
With only 76 years left to run the likely cost is going to be between £8,600 and £9,800 as well as legals.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.