Our family solicitor has quoted £1200 for no move no fee conveyancing in Tenby. I’m selling a newly refurbished house for £150,000. Are these conveyancing fees excessive? Is it in excess of the norm for conveyancing in Tenby?
The quote is slightly on the high side. Where you are willing to spend time contrasting charges you might decrease the fees slightly by as much as a hundred pounds. On the other hand, you couldcome to rue choosing an an unknown lawyer. If is important to ensure the conveyancer can also act for your bank. You can make use of our search tool to choose a Tenby conveyancing firm on the banks member panel which can often include conveyancing solicitors in Tenby.
We are purchasing a property and the solicitor has referenced Chancel Repair to which the property may be liable given it’s proximity to the area of such a church. She has recommended insurance. Is this strictly necessary for conveyancing in Tenby
Unless a previous acquisition of the house completed post 12 October 2013 you can assume that conveyancing practitioners handling conveyancing in Tenby to continue to suggest a chancel search and or chancel repair liability insurance.
Just had an offer accepted on a new build apartment in Tenby. 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.
Set out below is a sample of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Tenby
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Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
Due to the advice of my in-laws I had a survey completed on a house in Tenby in advance of appointing conveyancers. I have been informed that there is a flying freehold element to the house. My surveyor has said that some banks may not give a loan on such a house.
It varies from the lender to lender. Bank of Scotland has different instructions from Halifax. If you contact us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Tenby. Conveyancing may be slightly more expensive based on your lender's requirements.
In my capacity as executor for the estate of my grandmother I am disposing of a residence in Monmouth but I am based in Tenby. My conveyancer (approximately 260 kilometers from meneeds me to sign a stat dec before the transaction finalising. Could you suggest a conveyancing lawyer in Tenby to attest this legal document for me?
strictly speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are based in Tenby
I would like to sublet my leasehold flat in Tenby. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for their consent?
The lease governs the relationship between the landlord and you the leaseholder; specifically, it will say if subletting is banned, or permitted but only subject to certain conditions. The rule is that if the lease contains no expres ban or restriction, subletting is permitted. Most leases in Tenby do not prevent subletting altogether – such a clause would adversely affect the market value the flat. In most cases there is simply a requirement that the owner notifies the freeholder, possibly supplying a copy of the sublease.
Tenby Leasehold Conveyancing - A selection of Questions you should consider before Purchasing
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It would be prudent to discover as much as you can regarding the company managing the building as they can either make your living at the property much simpler or uncomfortable. As the owner of a leasehold property you are often in the clutches of the managing agents from a financial perspective and when it comes to every day matters such as the tidiness of the common parts. Don't be afraid to ask prospective neighbours whether they are happy with their management. In conclusion, find out the dates that you are obliged pay the service charge to the managing agents and precisely how they are spending the funds. Many Tenby leasehold apartments will have a service charge for the upkeep of the block set by the landlord. Should you buy the apartment you will have to pay this contribution, normally periodically accross the year. This may be anything from several hundred pounds to thousands of pounds for bigger purpose-built buildings. There will also be a rentcharge to be met yearly, this is usually not a significant sum, say approximately £50-£100 but you should to enquire as sometimes it can be surprisingly expensive. How is the lease structured?