My previous lawyer has quoted £1700 for leasehold conveyancing in St Neots. I’m selling a newly refurbished detached home for £300,000. Are these conveyancing fees excessive? Is it in excess of what I should be paying for conveyancing in St Neots?
The charges are a tad high. If you are content to expend time comparing fee on a like for like basis you may be able to trim some of the cost by say a hundred pounds. On the other hand, you mightcome to regret choosing an a cheaper lawyer. Don't forget to enquire the solicitor can represent your mortgage company. Do employ our search tool to find a St Neots conveyancing practice on the lender’s member panel which can often include conveyancing solicitors in St Neots.
I own a freehold residence in St Neots but nevertheless invoiced for rent, why is this and what is this?
It’s unusual for properties in St Neots and has limited impact for conveyancing in St Neots 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 hundreds of years, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges post 1977.
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 dispensed with completely.
The deeds to our home can not be found. The solicitors who conducted the conveyancing in St Neots 10 years ago have long since closed. What do I do?
Gone are the days when you need to have the physical deeds to establish that you own the land or property, as the Land Registry have everything they need in a digital format.
I am buying my first flat in St Neots benefiting from help to buy. The developers would not budge the amount so I negotiated five thousand pounds worth of extras instead. The property agent advised me not inform my solicitor about the side-deal as it would affect my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the UK Finance website. UK Finance form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
In what way can the Landlord & Tenant Act 1954 affect my commercial premises in St Neots and how can you help?
The 1954 Act provides protection to business leaseholders, giving them the right to make a request to court for a continuation of occupancy when the lease reaches an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and help with commercial conveyancing in St Neots
I need to find a conveyancing solicitor for leasehold conveyancing in St Neots. I happened to land on a site which appears to be the ideal offering If it is possible to get all this stuff done via email that would be preferable. Should I 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?