Why do I have to pay up front for conveyancing in Littleover?

If you are buying a property in Littleover your lawyer will ask you to provide them with funds to cover the search fees. This will be the total of the cost of the Local Authority Search. If any deposit is as part of the total price then this should be required immediately in advance of exchange of contracts. Any further balance that is due will be payable shortly before completion.

Should commercial conveyancing searches reveal proposed roadworks that could affect a commercial estate in Littleover?

Many commercial conveyancing solicitors in Littleover will execute a SiteSolutions Highways report as it reduces the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Littleover. The search result provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Littleover.

For every commercial conveyancing transaction in Littleover it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately can cause delays to Littleover commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Littleover.

Taking into account that I am about to part with hundreds of thousands of pounds on 3 bedroom house in Littleover I wish to have a conversation with the solicitor concerning theconveyancing ahead of appointing the firm. Is this something that you can arrange?

We could not agree more - it is our preference to talk to you we do not take any clients on without you liaising with the solicitor due to be carrying out your property ownership legalities in Littleover.There is no ‘factory style conveyancing’ - each client is unique individual, not a file number. The solicitors that we put you in touch with believe that the figure you are calculated and presented to you for residential conveyancing in Littleover should be the amount on the final invoice that you are charged.

Back In 2004, I bought a leasehold flat in Littleover. Conveyancing and Halifax mortgage organised. A letter has just been received from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1996. The conveyancing practitioner in Littleover who previously acted has long since retired. Any advice?

First contact the Land Registry to be sure that the individual purporting to own the freehold is in fact the new freeholder. It is not necessary to incur the fees of a Littleover conveyancing solicitor to do this as you can do this on the Land Registry website for a few pound. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I own a basement flat in Littleover, conveyancing formalities finalised half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Littleover with over 90 years remaining are worth £202,000. The ground rent is £55 yearly. The lease ceases on 21st October 2081

With only 56 years unexpired we estimate the price of your lease extension to span between £29,500 and £34,000 plus costs.

The figure above a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.

Myself and my partner have just had an offer agreed on a flat and had meeting on Monday with HSBC for the mortgage. They advised me that when it comes to appointing a lawyer that unless they are on their approved list of lawyers then we will have to pay out an extra fee of about two hundred pounds. This is because they would then have to instruct a conveyancer to act for them in addition to the one we choose to act for ourselves and we are liable for their costs. I have asked HSBC to furnish me with a list so I can seek estimates only from their approved conveyancers but was told they dont have such a list to hand over. Is there a list online?

Ask HSBC what their panel criteria is for a solicitor.Thereafter ask the property lawyer of your choice whether they fit that criteria and have they acted on mortgages for HSBC before. If the answer to those is yes, then just clarify this with HSBC. Alternatively please use our search tool and we may be able to find you a conveyancing practitioner in Littleover on the approved list for HSBC.