Just been in touch with my conveyancing solicitor in Flint Mountain who completed the legal work 18 months ago asking for a conveyancing quote based on an identical type of house move (a leasehold property and a freehold premises) of almost identical values with a mortgage from Clydesdale. It looks as though am now being quoted double. Better the devil I know or should I seek out an alternative firm of conveyancing solicitor?
The quote is fractionally on the steep side. If you shop around you may be able to get the conveyancing a bit cheaper by say £100 plus VAT. On the other hand, if you were satisfied with the assistance the firm gave you maylive to rue choosing an an unknown conveyancer. Remember to enquire that the solicitor can also act for Clydesdale. You can use our search tool to select a Flint Mountain conveyancing firm on the Clydesdale approved list of lawyers, which can often include conveyancing solicitors in Flint Mountain.
4 months have elapsed following my purchase conveyancing in Flint Mountain concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
What makes your site different to other online quote calculators for conveyancing in Flint Mountain?
At this site obtain a fixed fee quote via a Solicitor or Licensed Conveyancer that has a full understanding of the nuances of your conveyancing in Flint Mountain. Unlike many estate agents and brokerage sites we do not have referral deals with solicitors. Some agents and online brokers 'recommend' the firm who pay the highest per referral, rather than the best value conveyancing in Flint Mountain
I am employed by a reputable estate agency in Flint Mountain where we have witnessed a few leasehold sales put at risk as a result of leases having less than 80 years remaining. I have been given conflicting advice from local Flint Mountain conveyancing solicitors. Can you shed some light as to whether the seller of a flat can start the lease extension process for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the disposal of the property.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I purchased a 1st floor flat in Flint Mountain, conveyancing having been completed in 2011. Can you work out an approximate cost of a lease extension? Comparable properties in Flint Mountain with over 90 years remaining are worth £206,000. The ground rent is £45 invoiced every year. The lease ceases on 21st October 2085
With just 66 years left to run we estimate the price of your lease extension to range between £11,400 and £13,200 as well as legals.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs 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 other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first seeking the advice of a professional.
Having used your search tool I can't find the lawyer I was hoping to instruct as being on the lender conveyancing panel. My lawyer has said that they are on the mortgage company approved panel. How can I be sure given that they are not listed on your directory?
Not all firms are yet listed on our lender panel search tool which is still relatively new. Law firms are listing on a daily basis and it is probably the case that your lawyer is on the bank conveyancing lawyer and you should probably take them at their word. Please do feel free to suggest that they completing their listing on our site as it would only cost them £1 a month to list themselves as being on the bank solicitor panel.