Having been recommended your organisation we were about to use a conveyancing solicitor in Scotter listed by you but stumbled across some other fee calculations via the web seem less expensive – how come?
You can find many firms of firms promoting pretending to offer £99 conveyancing, but supplementalcharges result in the completion fee markedly uplifted. Solicitors ought to ensure costs contained in terms and conditions should be equitable raised The solicitors that we list for conveyancing in Scotter genuinely set out all legal fees for the property you plan topurchase.
Would the conveyancing practitioners that you recommend handle right to buy conveyancing in Scotter?
We have identified numerous conveyancing specialists who can service right to buy transactions Please get in touch with us with a view to obtain a costs illustration.
I am the registered owner of a freehold house in Scotter but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in Scotter and has limited impact for conveyancing in Scotter 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 date back many centuries, but the Rent Charge Act 1977 barred the creation of new rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 is to be extinguished.
Should my solicitor be asking questions about flooding as part of the conveyancing in Scotter.
Flooding is a growing risk for solicitors dealing with homes in Scotter. Some people will purchase a house in Scotter, completely expectant that at some time, it may be flooded. However, leaving to one side the physical destruction, where a house is at risk of flooding, it may be difficult to obtain a mortgage, adequate insurance cover, or dispose of the property. There are steps that can be taken as part of the conveyancing process to forewarn the buyer.
Conveyancers are not qualified to impart advice on flood risk, but there are a number of searches that may be carried out by the purchaser or on a buyer’s behalf which should figure out the risks in Scotter. The conventional set of information given to a purchaser’s solicitor (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a usual inquiry of the vendor to determine if the premises has historically flooded. If the premises has been flooded in past which is not revealed by the seller, then a purchaser may commence a claim for damages stemming from an inaccurate response. The purchaser’s lawyers will also commission an environmental search. This should reveal whether there is a recorded flood risk. If so, more detailed inquiries will need to be initiated.
I have been pointed in your direction by numerous property agents in Scotter to find a property lawyer using your seach tool. Is there a financial upside for Estate Agents to promote your lawyers rather than a competitor’s?
We refuse to give any financial incentive for sending work our way. We found it would be just too difficult a fee because a client could think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
I have just appointed agents to market my garden apartment in Scotter. Conveyancing is yet to be initiated, but I have recently received a half-yearly maintenance charge demand – what should I do?
The sensible thing to do is discharge the service charge as usual given that all ground rent and maintenance invoices should be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents 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. Having a clear account will assist your cause and will leave you no worse off financially.
I invested in buying a garden flat in Scotter, conveyancing was carried out 3 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? Comparable flats in Scotter with an extended lease are worth £185,000. The average or mid-range amount of ground rent is £65 per annum. The lease runs out on 21st October 2085
You have 60 years left to run the likely cost is going to be between £20,000 and £23,000 plus legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first seeking the advice of a professional.