The conveyancer who helped my last purchase has given a fee calculation of £1400 for no completion no fee conveyancing in Henley On Thames. I am looking to sell a Georgian detached home for £250,000. This seems expensive. Is it above what I should be paying for conveyancing in Henley On Thames?
The charges are a tad high. If you are prepared to expend time comparing fee on a like for like basis you might decrease the fees slightly by say a hundred pounds. On the other hand, you couldcome to rue choosing an an unknown conveyancer. If is important to be sure the firm can act for your mortgage company. You can use our search tool to select a Henley On Thames conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Henley On Thames.
My wife and I have recently appointed a conveyancing solicitor in Henley On Thames. I I would like to check whether they are accepted on the National Westminster Bank approved list of lawyers. Could you or the lender confirm if they are on the panel?
You should e-mail your solicitor and enquire if they can act for the lender. Alternatively please get in touch with National Westminster Bank who may be able to help.
I am helping my step-mother sell her flat in Henley On Thames. Does the conveyancer commission the energy assessment or it is for me to coordinate?
Following the demise of Home Information Packs, energy assessments remained a compulsory part of selling a property. An EPC should be commissioned in advance of the property being placed on the market. This is not a task that conveyancers normally organise. Where you are using a Henley On Thames conveyancing practitioner they may be able to arrange EPC’s due to their relationships with long established Henley On Thames energy assessors
A colleague advised me that in buying a property in Henley On Thames there could be various restrictions as to what one can do in terms of external alterations to a property. Is this right?
We are aware of a number of properties in Henley On Thames which have some sort of restriction or requirement of consent to perform external variations. Part of the conveyancing in Henley On Thames should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
I currently have a mortgage with Clydesdale for my property in Henley On Thames. Conveyancing was finalised a year ago. Should I wish to rent out my property and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Clydesdale?
You must advise Clydesdale prior to renting your property as this is likely to be a breach of Clydesdale’s mortgage conditions. It may be that Clydesdale will allow you to rent out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Clydesdale directly. You need not do this via a Clydesdale conveyancing panel lawyer.
I have justbeen informed that Arc property Solicitors have been shut down. They carried out my conveyancing in Henley On Thames for a purchase of a leasehold apartment 9 months ago. How can I check that my home is registered correctly in the name of the former proprietor?
The easiest method to see if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Henley On Thames conveyancing specialists.
I today plan to offer on a house that appears to meet my requirements, at a great figure which is making it all the more appealing. I have just found out that the title is leasehold as opposed to freehold. I am assuming that there are particular concerns purchasing a house with a leasehold title in Henley On Thames. Conveyancing lawyers have are soon to be appointed. Will they explain the issues?
Most houses in Henley On Thames are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. We note that you are purchasing in Henley On Thames so you should seriously consider shopping around for a Henley On Thames conveyancing practitioner and be sure that they are used to advising on leasehold houses. First you will need to check the unexpired lease term. As a lessee you will not be entirely free to do whatever you want with the house. The lease comes with conditions for example requiring the landlord’sconsent to conduct alterations. It may be necessary to pay a contribution towards the upkeep of the estate where the house is part of an estate. Your lawyer will report to you on the legal implications.
I own a ground floor flat in Henley On Thames, conveyancing having been completed in 2006. 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? Equivalent flats in Henley On Thames with over 90 years remaining are worth £227,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease expires on 21st October 2090
With 72 years remaining on your lease the likely cost is going to span between £9,500 and £11,000 as well as professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.