Recently contacted my conveyancing solicitor in Old Colwyn who conducted the legals 18 months ago and wanted a conveyancing quote based on an identical type of house sale & purchase (a leasehold premises and a freehold property) of similar values with a mortgage from Lloyds TSB Bank. I am now being quoted twice the amount. Stick with what I know or do I seek out an alternative property lawyer?
The estimate fees are a bit high. If you are content to invest time contrasting quotes you may be able to get the conveyancing a bit cheaper by say a hundred pounds. That being said, if you were happy with the conveyancing the firm provided you couldcome to rue opting for an a cheaper lawyer. If is important to check the firm can act for Lloyds TSB Bank. You can use our search tool to locate a Old Colwyn conveyancing firm on the Lloyds TSB Bank conveyancing panel, which can often include conveyancing solicitors in Old Colwyn.
I am purchasing a house for cash in Old Colwyn. I have lived for the last dozen years in Old Colwyn. Conveyancing searches are a lot of money. Given that I have knowledge of the area and road very well must I have all the conveyancing searches?
If you not getting a mortgage, then almost all of the Old Colwyn conveyancing searches are at your discretion. Your solicitor will try and sway you, perhaps strongly, that you should have searches completed, but she has a professional duty to take that path of guidance. Do take into account; if you are going to dispose of the house at a future date, it could be of importance to your future buyer what the searches determine. On occasion premises with no practical issues can still show up unfavourable search results. A competent conveyancing solicitor in Old Colwyn will provide you some sensible guidance in this regard.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Old Colwyn?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Old Colwyn. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the encouragement of my in-laws I had a survey completed on a house in Old Colwyn in advance of retaining solicitors. I have been informed that there is a flying freehold aspect to the property. Our surveyor advised that some mortgage companies will not give a mortgage on a flying freehold property.
It varies from the lender to lender. Lloyds has different requirements from Halifax. Should you wish to telephone us we can check with the relevant bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Old Colwyn. Conveyancing may be slightly more expensive based on your lender's requirements.
How does the Landlord & Tenant Act 1954 affect my commercial offices in Old Colwyn and how can you help?
The particular law that you refer to affords security of tenure to commercial lessees, giving them the dueness to make a request to court for a renewal lease and continue in occupation when the lease reaches an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Old Colwyn is one of our hundreds of areas of the UK in which our lawyers have offices