Our family solicitor has given a fee estimate £1700 for freehold conveyancing in Sidmouth. I am selling a purpose built property for £300,000. Are these estimated fees excessive? Is it above what I should be paying for conveyancing in Sidmouth?
The estimate does seem marginally overpriced. Where you are willing to invest time contrasting charges you could shave off some of the cost by as much as a hundred pounds. On the other hand, you maycome to rue choosing an a cheaper solicitor. Remember to enquire the firm can represent your lender. You can make use of our comparison tool to choose a Sidmouth conveyancing company on the banks conveyancing panel which can often include conveyancing solicitors in Sidmouth.
We are soon to complete buying a property in Sidmouth but as a result of damage from a small fire at the property I have managed to agree compensation from the owner in the sum of £3k by way of a deduction in the price. I had intended this to be dealt with as part of the conveyancing process but Aldermore will not permit this. Should they have been involved?
Your property lawyer being on the Aldermore approved list is obliged to inform Aldermore of any changes to the sale price. If you were to refuse your conveyancing practitioner to notify the reduction to Aldermore then they would have to discontinue acting for you. In addition, Aldermore and you would have to appoint a new property lawyer for your conveyancing in Sidmouth.
I am aiming to move house in January. Does my conveyancing solicitor liaise with the removal company on the completion day. On a separate note, can you put forward a removal company in Sidmouth. Conveyancing solicitor was chosen prior to coming across your site.
On the day of completion you can collect the house keys from your selling agent but this can only occur once the previous owners conveyancers confirm to the agent that the monies to complete are in and the keys can be given over. After that you will need to tell the removal company that you are ready to move in. We do not recommend a particular removal organisation but can assist you in choosing a residential property solicitor in Sidmouth or a firm that specialises in conveyancing in Sidmouth.
How can we know in advance if a Sidmouth conveyancing solicitor on the Nottingham panel is any good?
When it comes to conveyancing in Sidmouth 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 advise that you speak with the lawyer handling your transaction.
After shopping around on the internet I have found a Sidmouth lawyer having checked that they are on the Coventry BS conveyancing panel. Does my lawyer arrange the survey of the property?
Coventry BS will need an independent valuation of the property. Your lawyer will not arrange this. Usually Coventry BS will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. You may wish to consider appointing your own Sidmouth surveyor to carry out a survey or prepare a home buyers report on the property. It is up to you to satisfy yourself that the property is structurally sound before you buy it. If the survey or report reveals that building work is needed, you should tell your solicitor. You may wish to renegotiate with the seller.
Despite weeks of looking the Title Certificate and documents to our home are lost. The lawyers who handled the conveyancing in Sidmouth 5 years ago have long since closed. Will I be able to sell the house?
Gone are the days when you need to hold title original deeds to prove you own the land or property, as the Land Registry hold details of all registered land or property electronically.
I am hoping to put an offer on a small detached house that appears to tick a lot of boxes, at a reasonable price which is making it all the more appealing. I have subsequently found out that it's a leasehold rather than freehold. I am assuming that there are issues purchasing a leasehold house in Sidmouth. Conveyancing advisers have are about to be instructed. Will my lawyers set out the risks of buying a leasehold house in Sidmouth ?
The majority of houses in Sidmouth are freehold rather than leasehold. In this scenario it’s worth having a local conveyancer who is familiar with the area who can assist with the conveyancing process. It is clear that you are buying in Sidmouth so you should seriously consider looking for a Sidmouth conveyancing practitioner and be sure that they have experience in dealing with leasehold houses. As a matter of priority you will need to check the number of years remaining. Being a leaseholder you will not be at liberty to do whatever you want to the property. The lease comes with conditions for example obtaining the freeholder’spermission to conduct alterations. You may also be required to pay a service charge towards the maintenance of the estate where the property is part of an estate. Your lawyer will appraise you on the various issues.
I acquired a 1 bedroom flat in Sidmouth, conveyancing formalities finalised half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in Sidmouth with over 90 years remaining are worth £176,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease finishes on 21st October 2072
With just 50 years remaining on your lease the likely cost is going to be between £31,400 and £36,200 plus legals.
The figure above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.