The solicitor who dealt with my former purchase has given a fee calculation of £995 for leasehold conveyancing in Lindfield. I’m looking to sell a modern house for £125,000. This sounds overpriced. Is it above the average fee for conveyancing in Lindfield?
The charges are a bit high. If you shop around you may be able to shave off some of the expense by say a hundred pounds. That being said, you mightcome to rue opting for an an untested lawyer. Remember to enquire that the solicitor can act for your lender. Do employ our search tool to select a Lindfield conveyancing firm on the lender’s member panel which can often include conveyancing solicitors in Lindfield.
My lawyer in Lindfield is not on the Virgin Money Conveyancing Panel. Can I still continue with my prefered solicitor even though they are not on the Virgin Money approved list?
The limited options open to you here include:
- Carry on with your existing Lindfield lawyers but Virgin Money will need to retain a lawyer on their list of acceptable firms. This will inevitably rack up the overall conveyancing charges and result in frustration.
- Choose an alternative practitioner to to deal with the conveyancing, obviously checking they are on the Virgin Money panel
2 months have elapsed following my purchase conveyancing in Lindfield concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Last December I purchased a leasehold property in Lindfield. Am I liable to pay service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Lindfield Conveyancing for Leasehold Flats - Sample of Queries before buying
Be sure to discover if there is anything that is prohibited in the lease. By way of example plenty of leases prohibit pets being permitted in certain buildings in Lindfield. If you love the propertyin Lindfield but your cat is not allowed to make the move with you then you will be faced difficult choice. Does the lease contain onerous restrictions? How many years remain on the lease?
We are considering choosing a web based lawyer rather than a Lindfield conveyancing firm. Any advice?
There are advantages of being able to visit a local Lindfield conveyancing solicitor for example
- signing papers same day
- sometimes being able to speak to someone face-to-face can make a significant difference, particularly for more complex transactions
- the ability to raise concerns if matters are not going as expected
When checking estimates, look carefully for hidden extras. The majority decent Lindfield high street solicitors give an all-inclusive price. Many online companies appear to offer discounted prices, yet have burried 'extras' in the in the terms and conditions.