Why is leasehold purchase conveyancing in Raglan costs more?

In short, leasehold conveyancing in Raglan and elsewhere usually requires additional hours of investigation compared to freehold transactions. This includes lease investigation, corresponding with the landlord concerning the service of applicable notices, procuring current service charge and management information, procuring the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first entered into.

Do the Building Society Association intend to launch a search tool with a view to list firms on the Earl Shilton BS conveyancing panel for example in Raglan?

Lexsure has not been advised of any intention on the part of the BSA to promote such a tool.

I am due to move house in May. Does my conveyancing solicitor call the removal company on the day of completion. Incidentally, can you recommend a removal company in Raglan. Conveyancing solicitor was found before I stumbled across your page.

On the afternoon of completion you can pick up the house keys from your estate agent but this should only take place when the sellers conveyancers advise the agent that the monies to complete are in and the keys can be passed over. After that you should tell the removal company that they can start moving you in. We are not in a position to suggest a specific removal company but can assist you in finding a conveyancing in Raglan or a lawyer that specialises in conveyancing in Raglan.

We had chosen conveyancing lawyers locally in Raglan on the Coventry BS solicitor approved list. They have just invoiced me a supplemental charge for the legal aspects of the Coventry BS mortgage. Is this an additional conveyancing fee set by Coventry BS?

Provided it is contained in their Terms of Engagement or estimate then yes your conveyancing practitioner may levy a fee for this. The fee is not set by Coventry BS but by your Raglan solicitor. Plenty of firms on the Coventry BS panel will quote ’dealing with mortgage’ fee and others do not.

How can we tell if a Raglan conveyancing solicitor on the Santander panel is any good?

When it comes to conveyancing in Raglan obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always recommend that you speak with the lawyer carrying out your conveyancing.

Am I right to be suspicious that brokers that I am dealing with are suggesting a web based conveyancing firm rather than a local Raglan conveyancing company?

As with many service providers, often suggestions from connections can be very helpful. But there are many players in a conveyancing matter; estate agents, financial adviser and banks may suggest conveyancers to appoint. Sometimes the conveyancers might be known to one of the organisations as being good in their field, but sometimes there might be a commercial relationship behind the recommendation. You are at liberty to choose your own conveyancer. However, bear in mind that some banks have an approved list of solicitors you must use for the lender related work in your home move.

Do you have any advice for leasehold conveyancing in Raglan with the intention of speeding up the sale process?

• Much of the delay in leasehold conveyancing in Raglan can be bypassed where you instruct lawyers the minute you market your property and request that they start to collate the leasehold information which will be required by the purchasers’ conveyancers.
You believe that you know the number of years left on your lease but it would be wise to double-check by asking your lawyers. A buyer’s conveyancer will not be happy to advise their client to to exchange contracts if the lease term is under 80 years. It is therefore important at an early stage that you identify whether the lease requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale. The majority of landlords or managing agents in Raglan charge for supplying management packs for a leasehold property. You or your lawyers should find out the actual amount of the charges. The management pack can be applied for as soon as you have a buyer, thus accelerating the process. The average time it takes to receive management information is three weeks. It is the most frequent reason for frustration in leasehold conveyancing in Raglan. If you have the benefit of shareholding in the Management Company, you should ensure that you are holding the original share certificate. Arranging a re-issued share certificate is often a time consuming formality and frustrates many a Raglan home move. Where a reissued share is required, you should approach the company director and secretary or managing agents (where applicable) for this sooner rather than later.

Raglan Leasehold Conveyancing - Sample of Questions you should ask Prior to buying

Does this lease have more than 82 years remaining? Are there any major works anticipated that could increase the maintenance fees?