Our family lawyer has quoted £1150 for no sale no fee conveyancing in Sidcup. I am hoping to downsize from a Edwardian property for £125,000. Are these estimated fees excessive? Is it in excess of what I should be paying for conveyancing in Sidcup?
The estimate does seem marginally overpriced. If you shop around you could get the conveyancing a bit cheaper by as much as a hundred pounds. On the other hand, you mightcome to rue choosing an an untested conveyancer. Remember to ensure that the conveyancer can represent your lender. Do employ our search tool to select a Sidcup conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Sidcup.
My wife and I are buying a apartment in Sidcup. It might be a silly question but how we can trust a conveyancer? On the day of competition we have to put money into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
My fiancee and I are at the point of viewing houses in Sidcup and I am now considering a potential offer. Is it best to have a conveyancing practitioner on ‘stand by’? I intend to finance via a mortgage with Co-operative.
You should start obtaining conveyancing quotes from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and forward their details on to the selling agent. As you are obtaining a mortgage with Co-operative, make sure you remember to check that your lawyer is on the Co-operative conveyancing panel.
HSBC have agreed my mortgage in principle, my bid on a apartment in Sidcup has been agreed to, what are the next steps?
Your property agent will want to know who your solicitors are (be sure the solicitors are on the bank’s panel). Telephone HSBC or your broker and finalise any outstanding paperwork. HSBC will sellect a valuer who will get in contact with the selling agent or vendor to book an appointment. Once carried out (assuming no problems) it takes on average ten days to get a mortgage offer. HSBC will send the offer to you and your conveyancers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Sidcup.
I am buying a new build flat in Sidcup. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Sidcup
The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
My business partner and I are looking to lease a unit on a shopping parade. Can you recommend lawyers offering competitive fees for non-domestic conveyancing in Sidcup for below 2k?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Sidcup, including the sale and acquisition of businesses as well as simply property. Whether you are intending to purchase or sell a shop, pub, restaurant, office, retail premises or a complete business we will find you the right solicitor. As for the costs this will depend on the structure and heads of terms of the deal. Please provide us with your contact information or email us so that we may furnish you with comprehensive commercial conveyancing quote.
Having had my offer accepted I require leasehold conveyancing in Sidcup. Before I set the wheels in motion I require certainty as to the unexpired term of the lease.
If the lease is recorded at the land registry - and almost all are in Sidcup - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the registered owner of a ground flat in Sidcup. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal determine the premium due for the purchase of the freehold?
in cases where there is a missing landlord or if there is disagreement about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to determine the amount due.
An example of a Lease Extension case for a Sidcup residence is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case affected 1 flat.