My previous lawyer has sent a quote for just over a thousand pound for freehold conveyancing in East Sussex. I’m hoping to sell a modern detached home for £200,000. Is this over the top? Is it in excess of what I should be paying for conveyancing in East Sussex?
The estimate does seem marginally overpriced. If you shop around you might reduce the fees marginally by perhaps £100 plus VAT. On the other hand, you maylive to regret choosing an an untested conveyancer. Don't forget to check that the solicitor can represent your bank. Do make use of our search tool to select a East Sussex conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in East Sussex.
We were just about to exchange contracts for a leasehold flat in East Sussex. We have hit a problem. Our mortgage offer with Birmingham Midshires runs out on 18/10/2019 but the sellers are putting forward a completion date of 22/10/2019. Can one prolong the loan offer?
The person best placed to address this concern is your solicitors who will calculate whether he or she is corresponding with the mortgage broker, owner’s representatives, property agents or conceivably all three based on the history of your conveyancing as of today.
I am buying my first flat in East Sussex with a loan from TSB. The builders refused to move on the price so I negotiated £7000 of fixtures and fittings instead. The house builders rep suggested that I not inform my conveyancer about the deal as it could impact my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder 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.
Taking into account that I will soon part with 450k on a house in East Sussex I wish to talk to a conveyancer regarding theconveyancing before instructing the firm. Can this be arranged?
We could not agree more - we would be happy to talk to you we do not take any clients on without you first talking to the solicitor who will be carrying out your conveyancing in East Sussex.There is no ‘factory style conveyancing’ - each client is an important individual, not a matter reference. The law firms that we put you in touch with believe that the fees you are provided with for your conveyancing in East Sussex should be the figure that you are charged.
We expect to complete the disposal of our £275,000 maisonette in East Sussex next Tuesday. The landlords agents has quoted £396 for Certificate of Compliance, building insurance schedule and 3 years statements of service charge. Is the landlord entitled to charge exorbitant fees for a flat conveyance in East Sussex?
East Sussex conveyancing on leasehold maisonettes nine out of ten times involves fees being invoiced by management companies :
Answering conveyancing due diligence questions
Where consent is required before sale in East Sussex
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I inherited a basement flat in East Sussex, conveyancing having been completed in 1997. 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 properties in East Sussex with over 90 years remaining are worth £216,000. The ground rent is £50 per annum. The lease comes to an end on 21st October 2088
With just 69 years unexpired we estimate the price of your lease extension to range between £9,500 and £11,000 plus legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first seeking the advice of a professional.