I was recommended to a conveyancer who has sent a quote for £995 for fixed fee conveyancing in Turnpike Lane. I am selling a newly refurbished house for £125,000. Is this expensive? Is it above what I should be paying for conveyancing in Turnpike Lane?
The charges are a tad high. Where you are prepared to expend time comparing fee on a like for like basis you might get the conveyancing a bit cheaper by perhaps £100 plus VAT. On the other hand, you maycome to regret opting for an an untested solicitor. Remember to check that the solicitor can also act for your mortgage company. Do use our search tool to choose a Turnpike Lane conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Turnpike Lane.
How up to date is your database of Turnpike Lane solicitors on the Kent Reliance conveyancing panel? Do Kent Reliance send you an updated list?
Turnpike Lane conveyancing firms themselves provide us confirmation that they are on the Kent Reliance conveyancing panel as opposed to being supplied with a list from Kent Reliance directly.
How can we know in advance if a Turnpike Lane conveyancing solicitor on the Lloyds panel is any good?
When it comes to conveyancing in Turnpike Lane getting recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always recommend that you speak with the lawyer carrying out your transaction.
My partner and I have organised a further advance on our home loan from Leeds Building Society as we wish to carry out a loft conversion to our house in Turnpike Lane. Do we need to appoint a bricks and mortar Turnpike Lane solicitor on the Leeds Building Society conveyancing panel to deal with the legals?
Leeds Building Society don't usually instruct a member of their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Leeds Building Society conveyancing panel.
Completion of my purchase has taken place for my property in Turnpike Lane. Conveyancing was satisfactory but I feel I should register my dissatisfaction about the lender. Who do I contact should I wish to lodge a complaint?
Almost all banks and building societies have complaints procedures. Your first point of contact should be one of the lender’s branches or the Customer Care Department at head office. Ordinarily complaints to a lender are sorted out effectively and efficiently. If you feel the matter is not resolved you can write to Financial Ombudsman Service who will take matters further.
How does conveyancing in Turnpike Lane differ for new build properties?
Most buyers of new build property in Turnpike Lane approach us having been asked by the seller to sign contracts and commit to the purchase even before the premises is built. This is because house builders in Turnpike Lane usually buy 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 conveyancers 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 Turnpike Lane or who has acted in the same development.
What does commercial conveyancing in Turnpike Lane cover?
Non domestic conveyancing in Turnpike Lane covers a broad array of advice, provided by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
I am attracted to a couple of maisonettes in Turnpike Lane which have in the region of 50 years unexpired on the lease term. Will this present a problem?
There are plenty of short leases in Turnpike Lane. The lease is a right to use the premises for a prescribed time frame. As the lease shortens the saleability of the lease reduces and it becomes more costly to acquire a lease extension. For this reason it is advisable to increase the term of the lease. Sometimes it is difficult to sell a property with a short lease because mortgage lenders less inclined to grant a loan on such properties. Lease enfranchisement can be a protracted process. We advise that you get professional help from a solicitor and surveyor with experience in this arena.
Following months of correspondence we simply can't agree with our landlord on how much the lease extension should cost for our flat in Turnpike Lane. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
You certainly can. We can put you in touch with a Turnpike Lane conveyancing firm who can help.
An example of a Lease Extension case for a Turnpike Lane premises is First Floor Flat 109 Lyndhurst Road in May 2010. Following a vesting order by Edmonton County Court on 29th October 2009 the Tribunal decided on a figure of £5,012 for a lease extension. This case was in relation to 1 flat. The unexpired residue of the current lease was 81.79 years.