We were about to choose a conveyancing solicitor in Thornhill recommended on your site but stumbled across alternative fee calculations via the web seem less pricey – how come?
There are numerous solicitors offering what appear to be extremely cheap conveyancing in Thornhill. You should think twice about how important this transaction is to you that want to be penny wise pound foolish over the standard of the conveyancing. Many of them list a low quote to tease you but bury supplemental charges in the small print..
AssumingI were to acquire a freehold homein Thornhill for cash and dispense with a survey and no local authority searches how much would I expect to to save on my conveyancing in Thornhill?
The sole reduction in fees you would make on is the costs for searches. A conveyancing practitioner still got to do everything else - money laundering, correspond with your vendors conveyancing practitioner, stamp duty return, register the property etc. You might save a bit for them not having to register a mortgage but it will not be significant.
I used Stirling Law several years ago for my conveyancing in Thornhill. I now require my file however the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Thornhill of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am looking for a ground for flat up to £195,000 and identified one round the corner in Thornhill I like with a park and railway links in the vicinity, the downside is that it only has 49 years unexpired on the lease. There is not much else in Thornhill suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a mortgage the remaining unexpired lease term will likely be an issue. Discount the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you may ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer regarding this matter.
Having had my offer accepted I require leasehold conveyancing in Thornhill. Before diving in I require certainty as to the remaining lease term.
If the lease is registered - and almost all are in Thornhill - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Thornhill Leasehold Conveyancing - Sample of Queries Prior to Purchasing
This question is helpful as a) areas may result in problems for the building as the communal areas may start to deteriorate where maintenance remain unpaid b) if the leasehold owners have a dispute with the managing agents you will wish to have full disclosure On the whole the cost for major works tend not to be included within service charges, although a few managing agents in Thornhill ask tenants to contribute towards a reserve fund and this is used to offset against larger works.