We were about to choose a conveyancing solicitor in Monmouthshire found by you but stumbled across some other estimates on the internet seem less pricey – how come?
There are numerous conveyancing organisations advertising theoretically looks to be very low prices. We suggest that you think long and hard as to how important this transaction is to you that want to be penny wise pound foolish over the standard of the conveyancing. Some hide extras deep into the terms and conditions. The law firms that we list for conveyancing in Monmouthshire neverdo this.
My solicitor has identified a a problem with the lease for the property we are purchasing in Monmouthshire. The other side have offered defective title insurance as a solution. We are content with insurance and will pay for it. Our conveyancing practitioner has advised that he must check that the bank is content with this solution. Who is the client here, us or the mortgage company ?
Notwithstanding that you have a mortgage offer from the bank does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook requirements. You and the bank are the client. The appropriate lender specifications have to be complied with.
I am purchasing a flat and need a conveyancing solicitor in Monmouthshire who is on the Nottingham Building Society conveyancing. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Nottingham Building Society in certain locations such as Monmouthshire. We dont recommend any particular firm.
We expect to complete the sale of our £150,000 maisonette in Monmouthshire in just under a week. The management company has quoted £396 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Monmouthshire?
Monmouthshire conveyancing on leasehold maisonettes typically results in fees being levied by freeholders :
Completing pre-contract enquiries
Where consent is required before sale in Monmouthshire
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I am the registered owner of a ground floor flat in Monmouthshire, conveyancing was carried out in 2001. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Monmouthshire with a long lease are worth £180,000. The average or mid-range amount of ground rent is £65 invoiced annually. The lease ceases on 21st October 2078
With only 59 years remaining on your lease the likely cost is going to be between £20,900 and £24,200 as well as costs.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply a more accurate figure in the absence of comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.
My wife and I have recently appointed a conveyancing solicitor in Monmouthshire. I need to find out if they are listed on the bank's approved list of lawyers. Could you advise?
You should call the solicitor to check if they are on the lender's panel. If that does not help call us and we can make some checks for you. If they are not on the bank panel we we can help find a reputable conveyancing solicitor in Monmouthshire on the approved list for your lender.