I was recommended to a lawyer who has quoted £1700 for fixed fee conveyancing in Axminster. I’m hoping to downsize from a newly refurbished detached home for £125,000. Is this expensive? Is it in excess of the norm for conveyancing in Axminster?
The estimate does seem a tad overpriced. If you shop around you may be able to reduce the fees slightly by say £125. On the other hand, you maycome to regret choosing an an untested conveyancer. Remember to check the conveyancer can represent your bank. Do employ our search tool to find a Axminster conveyancing practice on the banks conveyancing panel which can often include conveyancing solicitors in Axminster.
I own a freehold premises in Axminster but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Axminster and has limited impact for conveyancing in Axminster 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 date back hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges post 1977.
Old rentcharges can now be redeemed 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 appreciate that there are debates on Chancel Insurance on online forums. Do I require this when purchasing a house in Axminster? or I am told that there is a law dating back centuries that means some homeowners residing in a parish church boundary may be liable to pay for maintenance to the chancel in proximity to the church. Is this applicable for conveyancing in Axminster?
Unless a prior acquisition of the premises completed post 12 October 2013 you may assume that conveyancing practitioners delivering conveyancing in Axminster to remain encouraging a chancel search and or chancel repair liability policy.
Due to the guidance of my in-laws I had a survey completed on a property in Axminster ahead of appointing solicitors. I have been informed that there is a flying freehold element to the house. The surveyor has said that some banks tend refuse to issue a loan on a flying freehold house.
It varies from the lender to lender. HSBC has different requirements from Halifax. Should you wish to telephone us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Axminster. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Axminster to see if the conveyancing will be more expensive.
Is it true that a Axminster conveyancing company taken to court by a client for failing to conduct the appropriate conveyancing searches?
Our attention has not be brought to such a Axminster conveyancing claim but it has been reported that, a couple acquiring a property in Cumbria successfully won a claim against their solicitor due to development plans to erect a wind farm failing to be identified in conveyancing searches.
Where you are purchasing in Axminster It is important that your lawyer conduct all Axminster conveyancing searches required making sure that you have accurate and up to date information ahead of acquiring a property.