Recently been in touch with my conveyancing lawyer in Alnmouth who completed the legal work two years ago asking for a conveyancing estimate based on an identical type of house sale & purchase (a leasehold residence and a freehold property) of similar values with a home loan from Birmingham Midshires. I am now being charged twice the amount. Am I right to be tempted to shop around for an alternative firm of conveyancing solicitor?
The costs illustration is slightly on the expensive side. If you are willing to invest time scrutinising charges you could trim some of the cost by say £100 plus VAT. That being said, if you were pleased with the service the firm offered you maycome to regret choosing an an untested lawyer. Remember to be sure that the solicitor can represent Birmingham Midshires. You can utilise our search tool to choose a Alnmouth conveyancing firm on the Birmingham Midshires conveyancing panel, which can often include conveyancing solicitors in Alnmouth.
I purchased a freehold house in Alnmouth but still invoiced for rent, why is this and what is this?
It is rare for properties in Alnmouth and has limited impact for conveyancing in Alnmouth but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the creation of fresh rentcharges post 1977.
Previous rentcharges can now be extinguished by making a lump sum payment under the Act. Any rentcharges that are still in existence post 2037 is to be dispensed with completely.
I have been told that property searches are the number one reason for obstruction in Alnmouth conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the common causes of hindrances in the conveyancing process. Local searches are unlikely to feature in any slowing down conveyancing in Alnmouth.
As co-executor for the estate of my aunt I am selling a house in Newport but live in Alnmouth. My conveyancer (based 300 kilometers awayrequires that I sign a statutory declaration prior to the transaction finalising. Can you recommend a conveyancing solicitor in Alnmouth to attest this legal document for me?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will do regardless of whether they are Alnmouth based
There are only Seventy years unexpired on my lease in Alnmouth. I now want to get lease extension but my landlord is absent. What are my options?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be extended by the Court. You will be obliged to prove that you have used your best endeavours to track down the landlord. On the whole a specialist would be helpful to carry out a search and prepare a report which can be used as proof that the freeholder can not be located. It is wise to seek advice from a property lawyer in relation to investigating the landlord’s disappearance and the vesting order request to the County Court covering Alnmouth.
I inherited a 1 bedroom flat in Alnmouth, conveyancing having been completed August 1996. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding properties in Alnmouth with a long lease are worth £195,000. The average or mid-range amount of ground rent is £45 per annum. The lease runs out on 21st October 2087
With 63 years left to run we estimate the price of your lease extension to span between £16,200 and £18,600 plus legals.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first getting professional advice.