I hired a Ravenshead based lawyer for my conveyancing in Ravenshead yesterday. Upon checking the Terms I seeI am responsible for fees even where the transaction does not complete. Would I be best advised to choose a web based conveyancing brokerage promoting no-sale-no-fee conveyancing in Ravenshead?
Generally there is a concession along the lines that if "No Completion No Fee" is advertised then the conveyancing charges will tend to be be uplifted to neutralise those cases that fail to complete. Please beware that these schemes rarely protect you from disbursements such as Ravenshead conveyancing search costs.
What is your number one tip for choosing a conveyancing solicitor in Ravenshead
Do not opt for the lowest Ravenshead conveyancing fees. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
My partner and I have arranged the release of further monies on our mortgage from Santander as we want to carry out renovations to our house in Ravenshead. Are we obliged to appoint a local Ravenshead solicitor on the Santander conveyancing panel to deal with the legals?
Santander do not ordinarily appoint firms on their conveyancing panel to deal with the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Santander panel.
After much negotiation I have agreed a price on an apartment in Ravenshead. My mortgage broker suggested a property lawyer. I paid an upfront payment of £150. Soon after, the property lawyer contacted me sheepishly admitting that they were not on the Nationwide conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Nationwide panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Hoping to buy a property located in Ravenshead and I am already nervous. I couldn't find anything specific about Ravenshead. Conveyancing will be needed in due course but do you know about the Ravenshead area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Ravenshead. In the meantime here are some basic statistics that we found
I've recently bought a leasehold flat in Ravenshead. Do I have any liability for service charges relating to a period prior to completion of my purchase?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I purchased a split level flat in Ravenshead, conveyancing having been completed half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Similar flats in Ravenshead with a long lease are worth £180,000. The ground rent is £65 levied per year. The lease terminates on 21st October 2078
You have 59 years remaining on your lease we estimate the price of your lease extension to range between £20,900 and £24,200 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply the actual costs in the absence of detailed investigations. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.
There are numerous properties in Ravenshead on private lanes. My wife and I are purchasing such a house. What are the pros and cons of buying a property on a private road?
Ravenshead conveyancing lawyers will be familiar with transacting homeson unadopted roads. Your conveyancer will investigate title to find any rights or responsibilities. It is possible that there is a management company (wholly owned by residents) that owners pay into to maintain the road. If one exists, the road will likely be maintained and appear better than publicly owned.