My friend's step-father is a property lawyer. I anticipate that I will receive preferential fee for conveyancing, However if that does not come through, what kind of fees would I typically be looking at for conveyancing in Thurston?
It’s a good idea to get multiple conveyancing quotes. Do use our search tool on this page. You will notice that charges will be different but service levels do differ between law firms as is the case with most professions.
My partner and I are acquiring a new build apartment in Thurston and my conveyancer is advising me that she has to the lender to disclose incentives from the developer. I am nearing the developer’s deadline to exchange contracts and my preference is not to delay deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancer. A precondition to being on a bank panel is to comply with the UK Finance Lenders’ Handbook conditions. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
We are close to exchanging contracts on the sale of our property in Thurston and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any local conveyancer would know that there is no such problem. For the life of me I don't know why the buyers are using a national conveyancing outfit as opposed to a conveyancing solicitor in Thurston. Having lived in Thurston for 4 years we know of no issue. Should we contact our local Authority to obtain clarification that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer currently acting for you. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
Yesterday I discovered that there is a flying freehold element on a property I put an offer in a fortnight ago in what was supposed to be a simple, no chain conveyancing. Thurston is the location of the property. Can you shed any light on this issue?
Flying freeholds in Thurston are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Thurston you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Thurston may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Given that I will soon part with £400,000 on a terraced house in Thurston I would like to talk to a conveyancer concerning thetransaction prior to appointing the firm. Is this something that you can arrange?
Absolutely - we would be delighted to talk to you we do not take any clients on without you first talking to the lawyer who will be doing your conveyancing in Thurston.There is no ‘factory style conveyancing’ - each client is an important individual, not a file reference. The solicitors that we put you in touch with believe that the figure you are calculated and presented to you for your conveyancing in Thurston should be the figure that you end up paying.
Estate agents have just been given the go-ahead to market my 2 bed apartment in Thurston. Conveyancing solicitors are to be appointed soon, but I have just received a quarterly service charge demand – should I leave it to the buyer to sort out?
The sensible thing to do is pay the maintenance contribution as you normally would because all rents and maintenance invoices will be allotted on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies 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.
Leasehold Conveyancing in Thurston - Sample of Questions you should ask Prior to buying
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How many years are left on the lease? Are any of leasehold owners in arrears of their service charge payments? How is the lease structured?