We instructed a high street solicitor for my conveyancing in Okehampton yesterday. Going through the Terms I seeI am on the hook for fees even where the transaction does not complete. Should I ditch them and instruct a web based lawyer who offer no move no charge conveyancing in Okehampton?
It is usually a trade off in that if "No Completion No Fee" is offered then the conveyancing charges will generally be higher to neutralise those cases that do not go ahead. Dont forget that such arrangements tend not to protect you from expenses for instance Okehampton conveyancing search charges.
Completed the sale of my flat in Okehampton last September yet the purchaser is SMS messaging daily complaining that his conveyancer needs to hear from mysolicitor. What should my lawyer have done now that I have sold?
Post completion of your sale your solicitor is obliged to forward the transfer deeds and all of the paperwork to the buyer’s lawyers. If applicable, your solicitor should also send confirmation that the mortgage has been discharged to the purchasers lawyers. There is unlikely to be post completion steps unique to conveyancing in Okehampton.
We are hoping to buy a newbuild flat in Okehampton with a mortgage from Leeds Building Society.We would like to retain our Okehampton conveyancing lawyer but Leeds Building Society says he's not on their approved list of firms. It seems we are left with no choice but to instruct a Leeds Building Society panel lawyer or retain our preferred solicitor and pay for a Leeds Building Society panel lawyer to represent them. This seems very unfair; Can we not simply insist that Leeds Building Society use our lawyer?
Unfortunately,no. The loan offered to you contains various provisions, a common one being that solicitors must be on the Leeds Building Society approved list. in the past, most mortgage companies had large numbers of solicitors on their panels: a borrower could find one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. A further alternative is for your lawyer to apply to be on the conveyancing panel for Leeds Building Society
The deeds to our house are lost. The solicitors who did the conveyancing in Okehampton 5 years ago have long since closed. What are my options?
You no longer need to hold title original deeds to establish that you are the owner of your registered land or premises, given that the Land Registry have everything they need in a digital format.
Completion is due on the disposal of our £300,000 apartment in Okehampton on Friday in a week. The managing agents has quoted £408 for Certificate of Compliance, building insurance schedule and 3 years statements of service charge. Is the landlord entitled to charge such fees for a leasehold conveyance in Okehampton?
For the majority of leasehold sales in Okehampton conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Addressing pre-exchange enquiries
Where consent is required before sale in Okehampton
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I am the registered owner of a leasehold flat in Okehampton, conveyancing formalities finalised half a dozen years ago. Can you work out an approximate cost of a lease extension? Corresponding properties in Okehampton with over 90 years remaining are worth £206,000. The ground rent is £45 levied per year. The lease comes to an end on 21st October 2092
With 67 years unexpired we estimate the price of your lease extension to be between £10,500 and £12,000 as well as legals.
The suggested premium range 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 this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.