My previous conveyancer has quoted £1400 for freehold conveyancing in Bexhill On Sea. I am selling a Edwardian detached home for £275,000. Are these estimated fees excessive? Is it above what I should be paying for conveyancing in Bexhill On Sea?
The estimate does seem a tad steep. If you shop around you might get the conveyancing a bit cheaper by say £100 plus VAT. That being said, you mightcome to rue choosing an an untested conveyancer. If is important to ensure that the solicitor can represent your mortgage company. Do make use of our search tool to locate a Bexhill On Sea conveyancing firm on the lender’s member panel which can often include conveyancing solicitors in Bexhill On Sea.
My partner and I have lately acquired a property in Bexhill On Sea. We have noticed several problems with the property which we consider were overlooked in the conveyancing searches. Do we have any recourse? What searches should? have been conducted for conveyancing in Bexhill On Sea?
It is not clear from the question as what problems have arisen and if they are specific to conveyancing in Bexhill On Sea. Conveyancing searches and investigations initiated as part of the legal transfer of property are designed to help avoid problems. As part of the legal transfer of property, a property owner completes a questionnaire referred to as a Seller’s Property Information Form. answers ends up being inaccurate, you could possibly take legal action against the owner for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Bexhill On Sea.
I used Wolstenholmes a few years past for my conveyancing in Bexhill On Sea. Now, I need the documents however the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Bexhill On Sea of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm purchasing my first flat in Bexhill On Sea with a loan from Lloyds TSB Bank. The sellers refused to reduce the price so I negotiated five thousand pounds worth of extras instead. The estate agent advised me not reveal to my solicitor about this side-deal as it could adversely affect my mortgage with Lloyds TSB Bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I am on look out for some leasehold conveyancing in Bexhill On Sea. Before diving in I would like to find out the number of years remaining on the lease.
Assuming the lease is recorded at the land registry - and almost all are in Bexhill On Sea - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the registered owner of a split level flat in Bexhill On Sea, conveyancing having been completed half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent properties in Bexhill On Sea with over 90 years remaining are worth £222,000. The ground rent is £50 per annum. The lease finishes on 21st October 2091
With 71 years left to run we estimate the price of your lease extension to be between £9,500 and £11,000 plus legals.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before seeking the advice of a professional.