A mortgage offer from Nationwide for the refinancing of my 3 bedroom apartment is to be issued any day now. Could you put forward a low cost conveyancing lawyer in Twyford?
You are on the wrong site if you are seeking cut-price fees for conveyancing solicitors in Twyford. Our intention is to offer cost effective conveyancing but we do not aim to advertise as being the cheapest. Avoid the trap of appointing companies offering £99 conveyancing in Twyford. Optimistically, in deciding on low cost conveyancing, you will get your money’s worth and at worst you will end up with a surprising uplift in additional fees and still not receive the service you were looking for.
My wife and I are buying a newly constructed flat in Twyford and my lawyer is advising me that she is duty bound to the mortgage company to disclose incentives from the developer. I am nearing the developer’s deadline to exchange and my preference is not to prolong the conveyancing. 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 mortgage company panel is to comply with the UK Finance Lenders’ Handbook specifications. 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 looking to buy a flat and need a conveyancing solicitor in Twyford who is on the Kent Reliance conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Kent Reliance . We don't recommend any particular firms conducting conveyancing in Twyford.
I got the keys to my flat on 3 August and my personal details is yet to be registered. Should I be concerned? My conveyancing solicitor in Twyford expressed confidence that it would be concluded in less than a month. Are transfers in Twyford particularly slow to register?
As far as conveyancing in Twyford registration is no quicker or slower than anywhere else in the country. Rather than based on location, timescales can differ subject to who lodges the application, whether it is in order and whether the Land registry must send notices to any interested parties. At present in the region of 80% of such applications are fully dealt with in less than three weeks but occasionally there can be extensive hold-ups. Historically registration is effected once the new owner is living at the property so an expedited registration is not typically top priority but if it is urgent that the the registration takes place urgently then you or your lawyers must communicate with the Registry to express the reasoning for the application to be prioritised.
I have been recommended by a couple of local selling agents in Twyford to choose a solicitor on your site. What’s the financial incentive for Estate Agents to market your site over another?
We refuse to give any commission for sending work our way. We found it would be just too difficult a fee as a client could think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
I am on look out for some leasehold conveyancing in Twyford. Before I get started I would like to find out the number of years remaining on the lease.
If the lease is registered - and 99.9% are in Twyford - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I bought a studio flat in Twyford, conveyancing formalities finalised 10 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Twyford with a long lease are worth £260,000. The average or mid-range amount of ground rent is £45 per annum. The lease expires on 21st October 2099
With only 74 years unexpired we estimate the price of your lease extension to range between £8,600 and £9,800 plus costs.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first getting professional advice.