Our family solicitor has quoted £1350 for fixed fee conveyancing in Wheathampstead. I am selling a modern property for £225,000. This sounds over the top. Is it in excess of the average fee for conveyancing in Wheathampstead?
The costs illustration is slightly on the expensive side. If you shop around you may be able to trim some of the cost by perhaps a hundred pounds. That being said, you maylive to rue opting for an an untested conveyancer. Don't forget to be sure the firm can also act for your lender. Do use our search tool to choose a Wheathampstead conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Wheathampstead.
We are about to exchange contracts for a property in Wheathampstead. We have hit a snag. The loan offer with Nationwide Building Society runs out on 20/2/2025 but the owners are suggesting a completion date of 24/2/2025. Can one extend the mortgage expiry date?
The best person to address this concern is your lawyer who is in a position to determine if they corresponding with the mortgage broker, seller’s conveyancers, property agents or conceivably all parties taking into account the circumstances your house move to date.
Should my conveyancer be asking questions concerning flooding as part of the conveyancing in Wheathampstead.
Flooding is a growing risk for solicitors dealing with homes in Wheathampstead. There are those who acquire a house in Wheathampstead, fully expectant that at some time, it may be flooded. However, aside from the physical destruction, if a house is at risk of flooding, it may be difficult to obtain a mortgage, satisfactory building insurance, or sell the premises. There are steps that can be taken during the course of a house purchase to forewarn the buyer.
Conveyancers are not best placed to offer advice on flood risk, but there are a number of checks that can be initiated by the buyer or by their conveyancers which should figure out the risks in Wheathampstead. The conventional set of property information forms given to a purchaser’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) includes a standard inquiry of the seller to discover if the premises has suffered from flooding. If the premises has been flooded in past which is not revealed by the owner, then a buyer may bring a compensation claim as a result of such an incorrect response. The buyer’s lawyers will also carry out an enviro report. This will higlight if there is a recorded flood risk. If so, additional inquiries should be initiated.
About to purchase a new build apartment in Wheathampstead. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Wheathampstead
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are surveyor prepared. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. 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.
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a straight forward, no chain conveyancing. Wheathampstead is the location of the property. Is there any advice you can impart?
Flying freeholds in Wheathampstead are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Wheathampstead you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Wheathampstead 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.
The solicitors carrying out our conveyancing in Wheathampstead has forwarded papers to review that show the land is unregistered with epitome documents. Surely all houses in Wheathampstead should be registered?
It is unusual for premises in Wheathampstead not to be registered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Plenty of Wheathampstead conveyancing lawyers should be able to handle such matters but if any uncertainty exists the usual advice nowadays seems to be for the current owners to undertake the registration formalities first and thereafter sell - this can though naturally cause a prolonged conveyancing.