Recently been in touch with my conveyancing lawyer in Caddington who acted for me 18 months ago and wanted a conveyancing costs illustration based on the same type of home move (a leasehold premises and a freehold property) of almost identical values with a loan from Norwich and Peterborough Building Society. I am now being charged twice the amount. Am I right to be tempted to shop around for an alternative conveyancer?
The estimate does seem a little on the high side. If you you were to look around you could get the conveyancing a bit cheaper by perhaps a hundred pounds. That being said, providing that you were happy with the assistance the firm gave you couldlive to regret opting for an a cheaper lawyer. If is important to enquire the firm can act for Norwich and Peterborough Building Society. Do employ our search tool to get a quote a Caddington conveyancing firm on the Norwich and Peterborough Building Society member panel, which can often include conveyancing solicitors in Caddington.
My wife and I have recently appointed a conveyancing solicitor in Caddington. I I am struggling to find out if they are on the The Mortgage Works conveyancing panel. Can you advise?
The first thing you should do is phone the conveyancer and ask them if they are on the lender panel. Otherwise you should call The Mortgage Works who may be able to confirm.
A colleague advised me that if I am purchasing in Caddington I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes quoted for as part of the standard Caddington conveyancing searches. It is a large document of more than thirty pages, listing and detailing significant information about Caddington around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful data regarding Caddington.
My husband and I are novice buyers - had an offer accepted, yet the estate agent informed us that the owners will only issue a contract if we instruct the agent's recommended solicitors as they need a ‘quick sale’. My instinct tells me that we should use a family solicitor who is familiar with conveyancing in Caddington
We suspect that the seller is unaware of this requirement. Should the seller want ‘a quick sale', turning down a serious buyer is not the way to achieve this. Avoid the agents and go straight to the owners and explain that (a)you are serious purchasers (b)you are ready to progress, with finances arranged © you are unencumbered (d) you intend to proceed fast (e)but you are going to instruct your own,trusted Caddington conveyancing firm - not the ones that will earn their estate agent a kickback or meet his conveyancing thresholds demanded by corporate headquarters.
Having had my offer accepted I require leasehold conveyancing in Caddington. Before I get started I require certainty as to the remaining lease term.
If the lease is registered - and almost all are in Caddington - then the leasehold title will always include the basic details 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 basement flat in Caddington, conveyancing was carried out 5 years ago. 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? Equivalent flats in Caddington with over 90 years remaining are worth £201,000. The ground rent is £45 invoiced every year. The lease ends on 21st October 2090
With only 64 years left to run we estimate the price of your lease extension to range between £15,200 and £17,600 plus plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.