Just been in touch with my conveyancing solicitor in Gerrards Cross who completed the legal work 18 months ago requesting a conveyancing estimate based on the same type of home move (a leasehold premises and a freehold premises) of similar values with a loan from Nationwide Building Society. I am now being charged double. Should I hunt for a cheaper online firm of conveyancing solicitor?
The estimate fees are a tad high. If you shop around you could shave off some of the cost by perhaps £100 plus VAT. On the other hand, if you were happy with the legal work the firm gave you mightcome to rue opting for an a cheaper solicitor. Remember to check that the solicitor can represent Nationwide Building Society. You can utilise our search tool to select a Gerrards Cross conveyancing firm on the Nationwide Building Society member panel, which can often include conveyancing solicitors in Gerrards Cross.
As a FTB what is the most important advice you can give me regarding purchase conveyancing in Gerrards Cross?
Not many law firms or advisers will tell you this but conveyancing in Gerrards Cross and elsewhere in England and Wales is an adversarial process. In other words, when it comes to conveyancing there is plenty of opportunity for confrontation between you and others involved in the transaction. E.g., the seller, estate agent and sometimes the mortgage company. Appointing a lawyer for your conveyancing in Gerrards Cross is a critical decision as your conveyancer is your adviser, and is the ONLY party in the legal process whose responsibility is to act in your legal interests and to keep you safe.
Every so often a third party with a vested interest may try and sway you that you should follow their advice. As an example, the selling agent may claim to be assisting by suggesting your solicitor is wrong. Or your financial adviser may advise you to do take action that is contrary to your solicitors guidance. You should always trust your lawyer above all other parties when it comes to the legal transfer of property.
Just had an offer accepted on a new build flat in Gerrards Cross. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Gerrards Cross
The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply a car parking plan.
Over the last few months I have been searching for a flat up to £245,000 and found one near me in Gerrards Cross I like with amenity areas and transport links nearby, the downside is that it's only got 52 years unexpired on the lease. I can't really find anything else in Gerrards Cross for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a mortgage the shortness of the lease may be problematic. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you could ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
How simple is it to switch firm as I have to find a firm on the Yorkshire Building Society conveyancing list. I instructed a local conveyancing solicitor in Gerrards Cross round the corner but the firm is not approved by Yorkshire Building Society
It would be our pleasure to assist you select a conveyancing solicitor in Gerrards Cross on the Yorkshire Building Society panel. Please note that the solicitors that we work with do not pay us a referral fee if you instruct them and are authorised and regulated by the SRA who oversee all conveyancing solicitors in Gerrards Cross. In utilising the find a conveyancing solicitor tool on this site, you can compare and instruct different solicitors and conveyancers both nationally and in Gerrards Cross.