The mortgage agreement from NatWest for the refinancing of my single bedroom garden flat is expected within the next few days. Could you propose a low cost conveyancing lawyer in Stanford Le Hope?
This site is not designed to assist those in their quest for the lowest fares for conveyancing in Stanford Le Hope. We can offer you excellent value conveyancing but our intention is not to advertise as being the cheapest. Do not be fooled by companies teasing you with £100 conveyancing in Stanford Le Hope. The optimum outcome, in deciding on cheap conveyancing, you will get your money’s worth and at worst it will result in you spending a lot in additional fees and still not get the service you were hoping for.
It has been 3 months since my purchase conveyancing in Stanford Le Hope concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the guidance of my in-laws I had a survey completed on a house in Stanford Le Hope ahead of instructing conveyancers. I have been told that there is a flying freehold element to the property. My surveyor advised that some mortgage companies tend not issue a loan on a flying freehold property.
It varies from the lender to lender. Santander has different requirements from Birmingham Midshires. If you call us we can investigate further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Stanford Le Hope. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Stanford Le Hope to see if the conveyancing will be more expensive.
What advice can you give us when it comes to choosing a Stanford Le Hope conveyancing firm to deal with our lease extension?
When appointing a conveyancer for your lease extension (regardless if they are a Stanford Le Hope conveyancing practice) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We advise that you speak with several firms including non Stanford Le Hope conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions could be of use:
What are the legal fees for lease extension work? If the firm is not ALEP accredited then what is the reason?
I acquired a studio flat in Stanford Le Hope, conveyancing was carried out half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding properties in Stanford Le Hope with an extended lease are worth £180,000. The average or mid-range amount of ground rent is £65 yearly. The lease expires on 21st October 2080
With 59 years remaining on your lease we estimate the price of your lease extension to span between £20,900 and £24,200 plus costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed investigations. Do not use the figures 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. Neither should you move forward based on this information before getting professional advice.
Me and my husband have recently had an offer agreed on a property and had an appointment on Wednesday with Leeds Building Society for the mortgage. They have informed me that when it comes to choosing a conveyancer that unless they are on their approved panel of conveyancing practitioners then we will be subject to an an additional fee of about two hundred pounds. This is because they will then have to appoint a property lawyer to act on their behalf in addition to the one we appoint on our behalf and we are liable for their fees. I have requested Leeds Building Society to provide me with a list so I can obtain quotes only from their approved lawyers but was told that I need to check with each individual conveyancer to see if they are on the panel. Is their an easier way of going about this?
Ask Leeds Building Society what their criteria for joining their panel is for a conveyancer.Then ask the solicitor of your choice whether they meet the criteria and have they acted on mortgages for Leeds Building Society before. If the answer to those is yes, then just double check with Leeds Building Society. Another option is to use our search tool and we may be able to locate a lawyer in Stanford Le Hope on the approved list for Leeds Building Society.