Having been suggested to visit your service we were going to go ahead with a conveyancing solicitor in Curdworth recommended using your comparison tool but have come across some other fee calculations on the internet look cheaper – how come?
There are plenty of conveyancing outfits advertising theoretically looks to be cut price. We suggest that you think long and hard as to how much you respect your own move to want to take 'cheap' risks with regard to the quality of the legal work. Many of them highlight a budget fee to grab your attention but plant additional fees in the small print..
What does my ID and proof of funds have anything to do with my conveyancing in Curdworth? Why is this being asked of me?
It is indeed that case that these requests have nothing to do with conveyancing in Curdworth. However these days you can not complete any conveyancing transaction in the absence submitting evidence of your identity. This usually takes the form of a either your passport or driving licence plus a bank statement. Please note that if you are providing your driving licence as proof of identification it needs to be both the paper part and photo card part, one is not sufficient without the other.
Proof of the source of money is necessary in accordance with the Money Laundering Regulations. Don’t be offended when when this is requested of you as your conveyancing solicitor will need to have this information on file. Your Curdworth conveyancing lawyer will need to see evidence of proof of funds before they are able to accept any monies from you into their client account and they will also ask additional queries regarding the source of monies.
The deeds to my property are lost. The conveyancers who handled the conveyancing in Curdworth 10 years ago have long since closed. What do I do?
As long as the title is registered the details of your proprietorship will be evidenced by HMLR with a Title Number. It is possible to conduct a search at the Land Registry, locate your property and order current copies of the property title for a small fee. Where the property is Leasehold then the Land Registry will also normally hold a certified duplicate of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.
I decided to have a survey carried out on a property in Curdworth prior to retaining conveyancers. I have been informed that there is a flying freehold aspect to the property. Our surveyor advised that some mortgage companies will refuse to issue a mortgage on a flying freehold premises.
It depends who your proposed lender is. Bank of Scotland has different instructions from Halifax. If you call us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Curdworth. Conveyancing will be smoother if you use a solicitor in Curdworth especially if they are acquainted with such properties in Curdworth.
I acquired a garden flat in Curdworth, conveyancing formalities finalised 1995. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Curdworth with an extended lease are worth £165,000. The ground rent is £45 charged once a year. The lease comes to an end on 21st October 50
With only 50 years unexpired we estimate the price of your lease extension to be between £36,100 and £41,800 as well as legals.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. Do not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.