I have been referred to a conveyancing solicitor in Great Dunmow. I I would like to check whether they are on the Virgin Money approved list of lawyers. Can you advise?
The first thing to do is e-mail your solicitor and enquire whether they are on the lender panel. Otherwise you should get in touch with Virgin Money who may be able to confirm.
Despite weeks of looking the Title Certificate and documents to our house are lost. The lawyers who handled the conveyancing in Great Dunmow 4 years ago have long since closed. Will I be able to sell the house?
Nowadays there are duplicates made of almost everything, and your lawyer should be aware exactly where to locate all the suitable documentation so you can purchase or sell your property without any difficulty. If copies can’t be located, your conveyancer can put in place insurance or indemnities protecting you against possible claims on your property.
How does conveyancing in Great Dunmow differ for newly converted properties?
Most buyers of new build premises in Great Dunmow contact us having been asked by the builder to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because new home sellers in Great Dunmow typically acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Great Dunmow or who has acted in the same development.
I have just started marketing my garden flat in Great Dunmow. Conveyancing has not commenced, but I have just had a quarterly maintenance charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should discharge the maintenance contribution as normal given that all rents and service payments should be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I bought a split level flat in Great Dunmow, conveyancing formalities finalised 8 years ago. 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? Comparable properties in Great Dunmow with a long lease are worth £165,000. The ground rent is £50 invoiced annually. The lease ends on 21st October 2097
With just 78 years unexpired we estimate the price of your lease extension to span between £7,600 and £8,800 plus plus your own and the landlord's "reasonable" professional fees.
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 detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.
My boyfriend is purchasing a ground floor flat in Great Dunmow. He has received a fee estimate by the property lawyer recommended by the estate agents and it came to £1300 . It was seven years ago I sold and bought a property and the bill was £just under six hundred pounds. Have charges really escalated to that extent?
What does the conveyancing estimate include? Is it just for the legal fees, or what you will be paying in total (for example Great Dunmow searches, land registry fees, etc)