We were about to instruct a conveyancing solicitor in Hove recommended by you but have come across alternative quotes via the web appear less expensive – why is this?
You can find numerous firms advertising self styled cut-price conveyancing, but extracosts end up with the final fee mounting up beyond all recognition. In accordance with regulatory requirements costs set out in terms of engagement should be transparent and reasonable raised The conveyancers that we list for conveyancing in Hove genuinely set out all charges for the property you intend topurchase.
This question may be naive but I am unseasoned as FTB of a two bedroom flat in Hove. Do I receive the keys to the property on completion from my lawyer? If so, I will use a High Street conveyancing solicitor in Hove?
On the day of completion you will not be required to go to the conveyancers office in Hove. Your solicitors will arrange to send the completion advance to the vendor’s conveyancers, and shortly after the monies have arrived, you should be able to collect the keys from the property Agents and move into your new home. This tends to happen between 1 and 3pm.
We previously chose conveyancing lawyers with offices in Hove on the Bank of Ireland solicitor approved list. They have just invoiced me a further amount for dealing with the Bank of Ireland mortgage. Is this a supplemental conveyancing fee specified by Bank of Ireland?
As unfair as it may seem, as long as it’s in their Terms and Conditions or estimate then yes your solicitor may charge a fee for this. The fee is not set by Bank of Ireland but by your Hove conveyancing practitioner. Plenty of firms on the Bank of Ireland panel will levy an ‘acting for lender’ fee but some practices incorporate it on their overall fee.
My offer was accepted on a property in Hove on 17/10/2018, valuation was booked 3 days after, all came back fine. Conveyancer appointed, so the only thing outstanding was my mortgage offer. Having made daily calls to TSB and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the TSB conveyancing panel. Are TSB entitled to hold back the Mortgage pending the lawyer being on the approved list?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for TSB to deal with your lawyer's application to be on the TSB conveyancing panel. There's no guarantee that your solicitor will be accepted.
Am I better off to use a Hove conveyancing practitioner based in the area that I am purchasing? An old friend can conduct the legal formalities however her office is 200kilometers drive away.
The primary upside of using a high street Hove conveyancing practice is that you can drop in to sign documents, hand in your ID and apply pressure on them where appropriate. They will also have local knowledge which is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If other friends have used your friend and they were impressed that must outweigh using an unfamiliar Hove conveyancing solicitor solely due to them being Hove based.
I am on look out for some leasehold conveyancing in Hove. Before diving in I require certainty as to the remaining lease term.
If the lease is registered - and 99.9% are in Hove - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I acquired a garden flat in Hove, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Equivalent flats in Hove with an extended lease are worth £185,000. The average or mid-range amount of ground rent is £65 yearly. The lease ceases on 21st October 2078
With 60 years remaining on your lease the likely cost is going to be between £20,000 and £23,000 plus plus your own and the landlord's "reasonable" 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 investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.
As a tenant I am liable for a maintenance fee for my property in Hove. Due to losing my job and personal issues I slipped into arrears with remittance. I negotiated a clearance plan but there is still three thousand pounds currently outstanding.
I now wish to dispose of the property and I am nervous that this can threaten to derail the sale if I have to discharge the arrears first. I'd like to sell up and subsequently pay them back with the proceeds - is this possible?
The lawyer undertaking your Hove sale should be able to negotiate with the management company, and agree with them whether or not they would accept settlement out of the completion monies. This is indicative of why it might be good to select a solicitor in Hove as they are likely to enjoy an established relationship with the management company.