My previous conveyancer has given a fee calculation of £1700 for freehold conveyancing in Dudley. I’m looking to sell a modern detached home for £150,000. Is this expensive? Is it above the average fee for conveyancing in Dudley?
The estimate does seem marginally steep. If you shop around you could get the conveyancing a bit cheaper by say £100 plus VAT. That being said, you maylive to regret opting for an an unknown conveyancer. Remember to check that the firm can represent your bank. You can utilise our comparison tool to locate a Dudley conveyancing practice on the banks member panel which can often include conveyancing solicitors in Dudley.
We are looking to buy a flat and require a conveyancing solicitor in Dudley who is on the Clydesdale conveyancing panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Clydesdale . We don't recommend any particular firms conducting conveyancing in Dudley.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a straight forward, no chain conveyancing. Dudley is the location of the property. Can you offer any opinion?
Flying freeholds in Dudley are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Dudley you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Dudley may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
My uncle has suggested that I appoint his conveyancers in Dudley. Should I find my own solicitor?
Much as we are happy to recommend a Dudley conveyancing lawyer it’s preferable to choose a conveyancing solicitor is to have referrals from friends or family who have experience in using the conveyancer that you are considering.
I am intending to let out my leasehold apartment in Dudley. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for their consent?
Your lease governs the relationship between the landlord and you the flat owner; specifically, it will indicate if subletting is banned, or permitted but only subject to certain conditions. The rule is that if the lease contains no specific ban or restriction, subletting is permitted. Most leases in Dudley do not prevent subletting altogether – such a clause would undoubtedly devalue the flat. In most cases there is a basic requirement that the owner notifies the freeholder, possibly supplying a duplicate of the tenancy agreement.
I invested in buying a 2 bed flat in Dudley, conveyancing was carried out January 1999. How much will my lease extension cost? Corresponding properties in Dudley with an extended lease are worth £197,000. The average or mid-range amount of ground rent is £55 per annum. The lease finishes on 21st October 2080
With only 55 years unexpired we estimate the premium for your lease extension to span between £31,400 and £36,200 as well as costs.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously 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.