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Find a Lowestoft Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Lowestoft? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Lowestoft home move at risk of delay or failure.

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Recently asked questions about conveyancing in Lowestoft

My previous lawyer has sent a quote for £1700 for freehold conveyancing in Lowestoft. I am looking to sell a Georgian house for £225,000. Is this over the top? Is it above what I should be paying for conveyancing in Lowestoft?

The quote is slightly on the steep side. If you are content to expend time contrasting quotes you may be able to get the conveyancing a bit cheaper by say a hundred pounds. On the other hand, you maylive to rue opting for an an unknown conveyancer. Remember to enquire the solicitor can also act for your mortgage company. Do utilise our search tool to select a Lowestoft conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Lowestoft.

My wife and I purchased a terraced Victorian property in Lowestoft. Conveyancing solicitor represented me and Birmingham Midshires. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold with the exact same property. I thought I was buying a freehold how can I check?

You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Lowestoft and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the situation with your conveyancing solicitor who conducted the conveyancing.

I am buying a new build house in Lowestoft with a mortgage from Aldermore. The sellers refused to budge the amount so I negotiated £7000 of extras instead. The house builders rep advised me not to tell my conveyancer about the side-deal as it could affect my mortgage with Aldermore. Should I keep quiet?.

All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.

Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.

Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.

I am a sole trader planning to lease a unit on a shopping parade. Can you recommend solicitors offering no-move-no charges for commercial conveyancing in Lowestoft for less than £2000?

We can recommend firms who host a wealth of experience of commercial conveyancing in Lowestoft, including the sale and purchase of businesses as well as simply premises. Whether you are looking to acquire or lease a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right firm. As for the fees this will depend on the structure and complexity of the deal. Please provide us with your contact information or call so as to enable us to furnish you with a detailed commercial conveyancing calculation.

All being well we will complete the disposal of our £150,000 garden flat in Lowestoft next Monday. The managing agents has quoted £312 for Certificate of Compliance, insurance certificate and 3 years statements of service charge. Is the landlord entitled to charge such fees for a leasehold conveyance in Lowestoft?

Lowestoft conveyancing on leasehold flats usually requires the purchaser’s lawyer submitting enquiries for the landlord to answer. Although the landlord is not legally bound to respond to these enquiries most will be willing to assist. They are entitled to invoice a reasonable administration fee for answering enquiries or supplying documentation. There is no upper cap for such fees. The average fee for the paperwork that you are referring to is £350, in some transactions it is in excess of £800. The administration charge demanded by the landlord must be sent together with a summary of rights and obligations in relation to administration fees, otherwise the invoice is technically not due. Reality however dictates that one has little choice but to pay whatever is demanded should you wish to sell the property.

I acquired a studio flat in Lowestoft, conveyancing having been completed 3 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Lowestoft with a long lease are worth £260,000. The average or mid-range amount of ground rent is £45 yearly. The lease ceases on 21st October 2099

You have 74 years left to run the likely cost is going to be between £8,600 and £9,800 as well as costs.

The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.

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Neighbouring Locations

Hopton
Gorleston
Great Yarmouth
Caister On Sea
Lowestoft
Southwold

Find out more about how flying freehold can affect your the value of a property.