My best friend’s brother is a solicitor. I am hopeful that I will receive preferential pricing for conveyancing, However if that does not come through, what kind of costs would I typically be looking at for conveyancing in Lynmouth?
It’s prudent to look for multiple conveyancing quotes. Do use our search tool on this site. The amounts seem to be different but service levels do differ between law firms as is the case with the vast majority of professional services.
I am considering refinancing my flat in Lynmouth, does my lawyer need to be on the Barclays Conveyancing panel?
There is nothing to stop you using your solicitor, but Barclays will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
I am close to exchanging contracts on the sale of our property in Lynmouth and according to the buyers it appears that there is a risk of it being built on contaminated land. Any high street Lynmouth conveyancer would know this is not the case. It does beg the question why the purchasers instructed an internet conveyancing outfit rather than a conveyancing solicitor in Lynmouth. We have lived in Lynmouth for 4 years we know that this is a non issue. Do we get in touch with our local Authority to obtain clarification that there is no issue.
It sounds as though you may have a conveyancing lawyer already. What do they say? You need to enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
Do I need to be wary that third parties that I am dealing with are recommending an online conveyancing firm rather than a High Street Lynmouth conveyancing company?
As with lots of professional services, often suggestions from family and friends can be worth their weight in gold. Yet there are numerous players in a conveyancing deal; estate agents, financial adviser and banks may suggest solicitors to appoint. Sometimes the lawyers might be known to one of the organisations as being good in their field, but occasionally there behind the scenes commercial relationship behind the recommendation. You are free to choose your preferred conveyancer. However, bear in mind that the majority of mortgage providers operate an approved list of lawyers you are obliged to use for the lender aspect of your transaction.
I am in need of some leasehold conveyancing in Lynmouth. Before I get started I would like to find out the number of years remaining on the lease.
Assuming the lease is recorded at the land registry - and most are in Lynmouth - 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 inherited a 1 bedroom flat in Lynmouth, conveyancing having been completed in 2002. Can you work out an approximate cost of a lease extension? Comparable properties in Lynmouth with a long lease are worth £180,000. The ground rent is £65 per annum. The lease comes to an end on 21st October 2078
With 59 years left to run we estimate the price of your lease extension to be between £20,900 and £24,200 plus professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.