Why would one instruct a Stafford conveyancing firm when internet based alternatives are easier on the wallet?
Its a good idea to contrast conveyancing costs in Stafford and you should seek an affordable estimate but don’t be focused with scouring the internet for the lowest priced Stafford conveyancer. Locating the right conveyancer can mark the distinction between a seamless and a frustrating home move. It is important that you ensure that you have expert advice from a specialist conveyancer. Emails can't take the place of a telephone conversation and can never replicate a face to face consultation. Our partner firms will find you a qualified and trusted conveyancing solicitor who can handle your conveyancing from from the outset to completion, providing a level of hand holding that you will never get with an online conveyancer. He or She will contact you regularly to update you on progress and keep you informed. Should it ever be necessary to call the firm you will be sure who to ask for and they will ensure you are in the know.
I purchased a freehold residence in Stafford but nevertheless charged rent, why is this and what is this?
It’s unusual for properties in Stafford and has limited impact for conveyancing in Stafford 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 new rentcharges from 1977 onwards.
Old rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
How does conveyancing in Stafford differ for new build properties?
Most buyers of new build premises in Stafford approach us having been asked by the builder to sign contracts and commit to the purchase even before the residence is ready to move into. This is because builders in Stafford usually acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Stafford or who has acted in the same development.
I need to find a conveyancing solicitor for my conveyancing in Stafford. I've stumble upon a web site which seems to have the ideal offering If it is possible to get all this stuff done via email that would be ideal. Should I be wary? What are the potential pitfalls?
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 finding a Stafford conveyancing practice to deal with our lease extension?
When appointing a property lawyer for your lease extension (regardless if they are a Stafford conveyancing practice) it is most important that he or she should be familiar with the legislation and specialises in this area of conveyancing. We advise that you talk with two or three firms including non Stafford conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be of use:
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What are the charges for lease extension work? How many lease extensions has the firm completed in Stafford in the last 12 months?
I own a split level flat in Stafford, conveyancing was carried out March 2005. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Stafford with over 90 years remaining are worth £180,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease ends on 21st October 2084
You have 59 years left to run we estimate the price of your lease extension to range between £20,900 and £24,200 plus professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.
A couple of months ago I was advised by my mortgage company that their approved solicitors work on no completion no fee basis for conveyancing in Stafford. My purchase aborted yet the lawyers have invoiced for search fees! They say the fees are nothing to do with their fees!
Stafford conveyancing search fees are disbursements not legal fees as these are payable to independent parties.