Just been in touch with my conveyancing solicitor in Blakeney who conducted the legals two years ago asking for a conveyancing estimate based on the same type of house move (a leasehold residence and a freehold property) of similar values with a loan from Alliance & Leicester . It looks as though am now being quoted twice the amount. Should I look for an alternative firm of conveyancing solicitor?
The charges appear a little high. If you you were to look around you may be able to trim some of the cost by say a hundred pounds. That being said, if you were pleased with the service the firm gave you maylive to rue opting for an an untested conveyancer. If is important to check the conveyancer can also act for Alliance & Leicester . You can employ our search tool to select a Blakeney conveyancing firm on the Alliance & Leicester conveyancing panel, which can often include conveyancing solicitors in Blakeney.
The Blakeney conveyancing solicitors that just started acting on my house acquisition in Blakeney have suddenly shut down. I only went with them because I needed a firm on the TSB conveyancing panel and my family Blakeney lawyer was not. I paid them £170 on account. What do I do now?
If you have an estate agent involved then let them know immediately so that they advise the vendors that there may be a slight delay due to the problems encountered. Most sellers would be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You will need to appoint new lawyers that are on the TSB conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new solicitors should be in a position to help.
I purchased my apartment on 9 June and my personal details are still not on the land registry website. Should I be concerned? My conveyancing solicitor in Blakeney advises it will be formalised inside ten days. Are titles in Blakeney particularly slow to register?
As far as conveyancing in Blakeney is concerned, registration is no quicker or slower than the rest of England and Wales. Rather than based on location, timescales can adjust according to the party submitting the application, whether it is in order and whether the Land registry communicate with any other parties. As of today roughly 80% of such applications are completed within two weeks but some can be subject to protracted hold-ups. Registration occurs after the buyer has moved in to the premises therefore registration formalities is not always primary concern yet where it is urgent that the the registration takes place urgently then you or your lawyers should speak with the land registry and explain the circumstances.
I opted to have a survey done on a house in Blakeney ahead of retaining conveyancers. I have been informed that there is a flying freehold aspect to the house. The surveyor has said that some banks tend not issue a mortgage on this type of property.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. Should you wish to call us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Blakeney. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Blakeney to see if the conveyancing costs will increase in light of this.
I am on look out for some leasehold conveyancing in Blakeney. Before I get started I require certainty as to the number of years remaining on the lease.
If the lease is recorded at the land registry - and almost all are in Blakeney - 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 inherited a split level flat in Blakeney, conveyancing formalities finalised October 2007. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding properties in Blakeney with over 90 years remaining are worth £180,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease expires on 21st October 2078
With only 59 years unexpired we estimate the price of your lease extension to range between £20,900 and £24,200 plus costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.