My family solicitor has quoted £1200 for leasehold conveyancing in Strood. I am hoping to sell a purpose built house for £250,000. Is this over the top? Is it above the average fee for conveyancing in Strood?
The estimate does seem marginally overpriced. Where you are prepared to expend time comparing quotes you may be able to trim some of the expense by perhaps a hundred pounds. That being said, you mightlive to regret opting for an a cheaper lawyer. If is important to check the conveyancer can also act for your mortgage company. You can make use of our search tool to find a Strood conveyancing firm on the banks member panel which can often include conveyancing solicitors in Strood.
IfI were to acquire a straightforward homein Strood for cash and dispense with a survey and no conveyancing searches how much could I expect to to save on my conveyancing in Strood?
Any savings you would make will be limited to the Strood conveyancing searches. Your lawyer is required to do the vast majority of work - money laundering, communicating with the vendors solicitor, SDLT submission, register the ownership etc. You might save a bit for them not having to register a mortgage however it will not be a lot.
We are aiming to move property in November. Will my conveyancing solicitor liaise with the removal company on the day of completion. As an aside, can you recommend a removal company in Strood. Conveyancing firm was chosen before I stumbled across your site.
On the afternoon of completion you will need to collect the keys from your selling agent however this can only occur after the sellers solicitors confirm to the agent that the monies to complete are in and the keys can be passed over. After that you will need to inform the removal company that you are ready to move in. As a matter of policy we do not recommend a particular removal company but can assist you in finding a conveyancing in Strood or a firm with expertise in conveyancing in Strood.
Does a directory service exist listing Clydesdale panel solicitors in Strood on the Council of Mortgage Lender’s Website?
Unfortunately not yet. There is no such tool on the Council of Mortgage Lenders or Building Society Association sites. Very few banks make their panel listings open the public on the web. If you are seeking to appoint a Strood conveyancing practitioner on the Clydesdale please use our tool.
I have today made my last payment due on my mortgage with Co-operative. I assume I don't need a Strood solicitor on the Co-operative panel to discharge the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Co-operative mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Co-operative mortgage from the register. Co-operative, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Co-operative has sent the Land Registry the discharge electronically, and
- Co-operative has instructed the Land Registry to do so
My friend advised me that where I am buying in Strood I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally included in the estimate for your Strood conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about Strood around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Strood Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Strood Education with plans and statistics, Local Amenities and other useful data about Strood.
I have just appointed agents to market my 2 bed apartment in Strood. Conveyancing has not commenced, however I have just had a half-yearly service charge invoice – what should I do?
The sensible thing to do is pay the service charge as normal as all ground rent and service payments should be apportioned on completion, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I invested in buying a basement flat in Strood, conveyancing was carried out 5 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Strood with over 90 years remaining are worth £195,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease expires on 21st October 2088
With only 63 years remaining on your lease the likely cost is going to range between £16,200 and £18,600 plus costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.