I was referred a conveyancer who has quoted just over a thousand pound for leasehold conveyancing in Montacute. I am looking to sell a newly refurbished property for £175,000. This seems overpriced. Is it above the average fee for conveyancing in Montacute?

The estimate does seem marginally overpriced. If you shop around you could trim some of the expense by as much as £100 plus VAT. That being said, you couldcome to rue choosing an a cheaper lawyer. If is important to check the solicitor can act for your lender. You can utilise our comparison tool to choose a Montacute conveyancing practice on the banks conveyancing panel which can often include conveyancing solicitors in Montacute.

I have given 2 months notice to my existing landlord and must leave my rented property in Montacute by the end of next month. Conveyancing for my house purchase is progressing. Is it possible to complete in 4 weeks as don't want to have to find temporary accommodation?

The normal practice is not to give notice on a rental until exchange of contracts has taken place. If you have not previously done so, speak to your lawyer and urge them to they seek the assistance the owners solicitors, try to an acceptable time-line that all parties will aim to achieve

Why do I have to pay up front for conveyancing in Montacute?

If you are buying a property in Montacute your lawyer will ask you to provide them with monies to cover the search fees. This will be the total of the cost of the conveyancing searches. If any down payment is payable against the total price then this will be required shortly in advance of contracts are exchanged. Any further balance that is needed should be sent to your lawyer a couple of days prior to the completion date.

Due to the guidance of my in-laws I had a survey completed on a house in Montacute ahead of appointing solicitors. I have been told that there is a flying freehold element to the house. The surveyor has said that some mortgage companies tend refuse to grant a mortgage on a flying freehold premises.

It varies from the lender to lender. Santander has different requirements from Nationwide. Should you wish to telephone us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Montacute. Conveyancing will be smoother if you use a solicitor in Montacute especially if they are familiar with such properties in Montacute.

Estate agents have just been given the go-ahead to market my 2 bed flat in Montacute. Conveyancing has not commenced, but I have just received a yearly service charge invoice – Do I pay up?

Your conveyancing lawyer is likely to suggest that you should clear the service charge as you normally would because all ground rent and service invoices should be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

Montacute Conveyancing for Leasehold Flats - Examples of Queries before buying

Does this lease have in excess of 82 years left? How many of the leaseholders are in arrears for their service charge payments? Please inform me if there are any major works in the near future that will increase the maintenance costs?