We see that you have a post code search directory listing firms on the HSBC conveyancing panel. Do firms pay you a referral fee if I retain them for our conveyancing in Woodthorpe?
We are a listing service only for law firms wishing to communicate if they are on the HSBC conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Woodthorpe.
I require fast conveyancing in Woodthorpe as I have an ultimatum to exchange contracts within 2 weeks. A mortgage is not required. Is it possible to decline from having conveyancing searches to save money and time?
As you are not getting a mortgage you are at liberty not to have searches carried out although no solicitor would suggest that you don't. With lots of history conveyancing in Woodthorpe the following are instances of what can crop up and adversely affect future mortgageability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Railway Schemes,...
3 months have elapsed following my purchase conveyancing in Woodthorpe concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Woodthorpe differ for new build properties?
Most buyers of new build residence in Woodthorpe come to us having been asked by the seller to sign contracts and commit to the purchase even before the house is completed. This is because new home sellers in Woodthorpe usually buy the site, 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 property lawyers 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 accustomed to new build conveyancing in Woodthorpe or who has acted in the same development.
My wife and I purchased a leasehold house in Woodthorpe. Conveyancing and Accord Mortgages Ltd mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1998. The conveyancing solicitor in Woodthorpe who acted for me is not around. Do I pay?
The first thing you should do is contact HMLR to make sure that this person is indeed the new freeholder. It is not necessary to incur the fees of a Woodthorpe conveyancing practitioner to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I purchased a 1st floor flat in Woodthorpe, conveyancing was carried out October 2004. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Woodthorpe with over 90 years remaining are worth £175,000. The average or mid-range amount of ground rent is £65 yearly. The lease comes to an end on 21st October 2083
You have 58 years unexpired the likely cost is going to span between £23,800 and £27,400 plus legals.
The figure above a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more detailed investigations. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.
What can I expect to pay for conveyancing in Woodthorpe?
Almost all Woodthorpe conveyancing firms will agree to a standard fee. In the event that further work becomes necessary during the conveyancing your lawyer must disclose to you in writing of such supplemental charges for such work as soon as it becomes apparent. Some firms will agree not to charge a fee if the deal falls through, others will charge a fraction of the set costs, depending on the stage at which the conveyancing aborts.
It may be helpful for you to obtain two or three practices to give you a quotation.