We were about to instruct a conveyancing solicitor in Snodland listed using your search tool but stumbled across alternative quotes on the internet appear less pricey – why is this?
One can find a variety of solicitors offering at first sight what seems to be cut price. Our advice is to think long and hard about how important this transaction is to you that you are willing to take 'cheap' risks concerning the standard of the conveyancing. Many of them accentuate a cheap fee as a headline but conceal extra fees in the fine print..
How does conveyancing in Snodland differ for new build properties?
Most buyers of new build property in Snodland contact us having been asked by the seller to exchange contracts and commit to the purchase even before the house is finished. This is because builders in Snodland tend to purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Snodland or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a house in Snodland ahead of appointing solicitors. I have been told that there is a flying freehold overhang to the property. The surveyor advised that some lenders tend refuse to grant a mortgage on this type of home.
It depends who your proposed lender is. Santander has different instructions from Halifax. Should you wish to telephone us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Snodland. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Snodland to see if the conveyancing costs will increase in light of this.
My business partner and I are planning to lease a unit on a shopping parade. Can you recommend solicitors offering no-move-no costs for commercial conveyancing in Snodland for below 2k?
We can recommend firms who have specialist knowledge of commercial conveyancing in Snodland, including the sale and purchase of businesses as well as simply property. If you are hoping to purchase or dispose of a shop, pub, restaurant, office, retail unit or a whole business we can find you the right solicitor. As for the costs this will depend on the structure and terms of the deal. Let us have your details or call us so that we may supply you with comprehensive commercial conveyancing quote.
Back In 2003, I bought a leasehold house in Snodland. Conveyancing and Godiva Mortgages Ltd mortgage organised. A letter has just been received from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1994. The conveyancing practitioner in Snodland who previously acted has long since retired. Any advice?
The first thing you should do is contact HMLR to make sure that this person is in fact the new freeholder. There is no need to instruct a Snodland conveyancing firm to do this as it can be done on-line for £3. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I purchased a 1 bedroom flat in Snodland, conveyancing formalities finalised 5 years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Snodland with an extended lease are worth £227,000. The average or mid-range amount of ground rent is £50 levied per year. The lease ceases on 21st October 2098
You have 72 years left to run the likely cost is going to range between £9,500 and £11,000 plus professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to supply the actual costs without more comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before getting professional advice.