My previous conveyancer has quoted £1200 for leasehold conveyancing in Sully. I am looking to sell a Edwardian detached home for £275,000. Is this overpriced? Is it in excess of the norm for conveyancing in Sully?
The estimate does seem a tad steep. If you are content to spend time contrasting quotes you might shave off some of the cost by perhaps £100 plus VAT. On the other hand, you maylive to rue opting for an an untested conveyancer. Don't forget to check that the solicitor can act for your lender. Do utilise our comparison tool to find a Sully conveyancing practice on the lender’s member panel which can often include conveyancing solicitors in Sully.
Due to the guidance of my in-laws I had a survey completed on a house in Sully ahead of instructing solicitors. I have been told that there is a flying freehold aspect to the property. My surveyor has said that some mortgage companies tend not grant a mortgage on this type of property.
It depends who your proposed lender is. Lloyds has different requirements for example to Nationwide. Should you wish to telephone us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Sully. Conveyancing may be slightly more expensive based on your lender's requirements.
I need to appoint a conveyancing solicitor for sale conveyancing in Sully. I have stumble upon a web site which looks to be the ideal offering If it is possible to get all this stuff done via email that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I have recently realised that I have 62 years left on my flat in Sully. I now wish to get lease extension but my landlord is absent. What should I do?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. However, you will be required to demonstrate that you have made all reasonable attempts to track down the lessor. On the whole an enquiry agent would be useful to try and locate and to produce a report to be used as proof that the landlord is indeed missing. It is advisable to get professional help from a property lawyer in relation to investigating the landlord’s absence and the vesting order request to the County Court covering Sully.
I own a 1st floor flat in Sully, conveyancing formalities finalised 5 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable properties in Sully with a long lease are worth £181,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease finishes on 21st October 2070
You have 51 years left to run we estimate the price of your lease extension to span between £30,400 and £35,200 plus professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.
Do I cancel the direct debit for my mortgage with TSB once a completion date for my home sale in Sully has been agreed?
You are best advised to keep paying any mortgage payments to TSB pending the mortgage being paid off on completion as part of your Sully conveyancing.