We see that you have a post code search directory listing law firms on the Leeds Building Society conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Quedgeley?
We are a listing service only for law firms wishing to communicate if they are on the Leeds Building Society conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Quedgeley.
Various internet forums that I have come across warn that are the main cause of hinderance in Quedgeley conveyancing transactions. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of a review by MoveWithUs that conveyancing searches do not feature amongst the top 10 causes of hindrances in the conveyancing process. Local searches are unlikely to feature in any holding up conveyancing in Quedgeley.
Taking into account that I will soon spend 450k on a terraced house in Quedgeley I wish to talk to a conveyancer concerning thehouse move prior to appointing the firm. Is this something that you can arrange?
We could not agree more - we would be pleased to talk to you we do not take any clients on without you first talking to the solicitor due to be conducting your conveyancing in Quedgeley.There is no ‘factory style conveyancing’ - each client is unique individual, not a file number. The law firms that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Quedgeley should be the amount on the final invoice that you are charged.
Can you provide any advice for leasehold conveyancing in Quedgeley with the aim of speeding up the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Quedgeley can be reduced where you instruct lawyers as soon as your agents start advertising the property and request that they start to collate the leasehold information needed by the buyers’ representatives. If you have the benefit of shareholding in the freehold, you should make sure that you have the original share document. Organising a re-issued share certificate can be a time consuming formality and slows down many a Quedgeley home move. Where a duplicate share certificate is necessary, do contact the company officers or managing agents (where relevant) for this sooner rather than later. The majority of landlords or Management Companies in Quedgeley levy fees for providing management packs for a leasehold property. You or your lawyers should enquire as to the actual amount of the charges. The management information can be applied for as soon as you have a buyer, thus reducing delays. The typical amount of time it takes to receive management information is three weeks. It is the most common cause of frustration in leasehold conveyancing in Quedgeley. If you have had conflict with your landlord or managing agents it is essential that these are resolved before the property is marketed. The buyers and their solicitors will be reluctant to purchase a flat where a dispute is unsettled. You will have to accept that you will have to pay any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose particulars of the dispute to the buyers, but it is clearly preferable to present the dispute as over as opposed to ongoing.
I invested in buying a basement flat in Quedgeley, conveyancing was carried out 5 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Quedgeley with a long lease are worth £181,000. The ground rent is £55 invoiced every year. The lease finishes on 21st October 2071
With just 50 years remaining on your lease the likely cost is going to be between £31,400 and £36,200 plus costs.
The figure above a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of comprehensive due diligence. 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. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.
As a leasehold owner I am on the hook for a service charge for my ground floor flat in Quedgeley. Due to losing my job and other issues I fell into arrears with payments. The management company agreed a settlement plan but there remains three grand currently outstanding.
I now wish to dispose of the property and I am concerned this could threaten to derail the sale if I have to settle the amount due first. I'd like to sell up and then pay them back with the proceeds - is this practicable?
Do speak with the conveyancing practitioner handling your Quedgeley conveyancing but one option could be to agree for the arrears to be passed to the buyers. The final price payable would be reduced to reflect the amount of debt they assume. They would then discharge the arrears once they are the owners.