Would the conveyancing practitioners Indexed on your site carry out auction conveyancing in Feltwell?
We know of a number of auction solicitors we can put you in touch with those who can conduct auction conveyancing. Feltwell is one of hundreds of locations where our lawyers have offices.
Why is leasehold purchase conveyancing in Feltwell is more expensive?
The conveyancing charges on a leasehold property in Feltwell is often greater as compared to a freehold acquisition or disposal. This is due to the supplemental work required in corresponding with the freeholder and managing agents to obtain evidence about whether the rent and maintenance charges have been paid and whether there are any major works due in the near future on repairs or maintenance of the block.
My home in Feltwell is up for sale and I have accepted an offer. Will my property lawyer have to be required to be on the RBS conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the RBS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their conditions fairly frequently at the moment.
Our conveyancer has advised that he intends to complete and exchange simultaneously on the disposal of our £150,000 flat in Feltwell next Thursday. The managing agents has quoted £312 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is the landlord entitled to charge such fees for a flat conveyance in Feltwell?
For most leasehold sales in Feltwell conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Addressing pre-exchange questions
Where consent is required before sale in Feltwell
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I own a garden flat in Feltwell, conveyancing formalities finalised in 1995. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Feltwell with a long lease are worth £176,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease runs out on 21st October 2106
With 80 years remaining on your lease the likely cost is going to be between £8,600 and £9,800 plus professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.
Partway through the sale of a leasehold flat in Feltwell. Conveyancing lawyers are doing their job but we have been asked to pay an extortionate amount by the landlord. So far we have issued a cheque for £275 for a leasehold management information and then a further £200 plus VAT for answers to questions raised by the buyers solicitor.
Neither you or your lawyer will have any impact over the level of the fee for this information however the typical costs for the information for Feltwell leasehold premises is £395. For Feltwell conveyancing sales it is customary for the owner to cover the costs. The freeholder or their agents are not duty bound to answer such questions although many will agree to do so - albeit often at high prices disproportionate to the work involved. Unfortunately there is no legislation that mandates fixed fees for administrative tasks. Nor is there any legal time frame by which they are required to issue answers.