I was referred a solicitor who has quoted £1700 for fixed fee conveyancing in Handforth. I’m looking to sell a Georgian house for £250,000. Are the quoted fees excessive? Is it above the average fee for conveyancing in Handforth?
The charges are a little high. If you are willing to invest time comparing costs you might trim some of the expense by say £100 plus VAT. On the other hand, you maycome to rue choosing an an untested solicitor. Don't forget to be sure that the firm can represent your mortgage company. You can make use of our comparison tool to select a Handforth conveyancing company on the lender’s conveyancing panel which can often include conveyancing solicitors in Handforth.
My wife and I are refinancing our maisonette in Handforth with Coventry BS. We have a son 18 who lives at home. Our solicitor has asked us to disclose anyone over the age of 17 other than ourselves who lives in the flat. The solicitor has now sent a form for our son to sign, waiving any legal rights in the event that the property is forfeited by the lender. I have two questions (1) Is this form unique to the Coventry BS conveyancing panel as he never had to sign this form when we purchased 4 years ago (2) In signing this form is our son in any way compromising his right to inherit the property?
First, rest assured that your Coventry BS conveyancing panel solicitor is doing the right thing as it is established procedure for any occupier who is aged 17 or over to sign the necessary Consent Form, which is purely to state that any rights he has in the property are postponed and secondary to Coventry BS. This is solely used to protect Coventry BS if the property were re-possessed so that in such circumstances, your son would be legally obliged to leave. It does not impact your son’s right to inherit the apartment. Please note that if your son were to inherit and the mortgage in favour of Coventry BS had not been discharged, he would be liable to take over the loan or pay it off, but other than that, there is nothing stopping him from keeping the property in accordance with your will or the rules of intestacy.
About to place an offer on a leasehold flat in Handforth. The estate agents tell me that it is standard for flats in Handforth to have less than 75 years left on the lease. I am taking out a loan with Tesco Bank. Is this going to be acceptable if the lease has 70 years remaining.
Most leasehold conveyancing experts should be able to deal with a lease extension. if you are obtaining a mortgage then your lender may insist that the lease be extended before competition. Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook in relation to minimum unexpired lease terms. As of 1/8/2021 the requirements read as follows :
My wife and I are intent on selling our home in Handforth and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any local conveyancer would know that there is no such problem. For the life of me I don't know why the purchasers are using an internet conveyancing firm rather than a conveyancing solicitor in Handforth. Having lived in Handforth for 4 years we know that this is a non issue. Do we get in touch with our local Authority to get confirmation need.
It would appear that you have a conveyancing solicitor already. Are they able to advise? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
What can I do to find out who owns a property in Handforth?
Provided the property is recorded at HM Land Registry, and you have sufficient information of the location of the premises, you should be able to see details from the the Land Registry of the registered owner for a a minimal charge.