My previous lawyer has sent a quote for £1400 for no completion no fee conveyancing in Treharris. I am looking to sell a modern house for £225,000. Are these estimated fees excessive? Is it above the average fee for conveyancing in Treharris?
The estimate does seem marginally steep. Where you are content to spend time contrasting quotes you may be able to decrease the fees slightly by say £100 plus VAT. On the other hand, you mightcome to regret opting for an a cheaper lawyer. If is important to be sure that the firm can represent your bank. Do make use of our comparison tool to locate a Treharris conveyancing firm on the lender’s member panel which can often include conveyancing solicitors in Treharris.
Can you help? My Treharris solicitor is advising me that she is duty bound toconduct Treharris conveyancing searches becausethe firm are on the Lloydssolicitor panel. Is this really necessary?
You have limited options available to you. Given that you are taking out a loan with a bank your conveyancer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your lawyer would have previously signed the Terms and Conditions of your lender’s conveyancing panel appointment which obliges them to comply with the Council of Mortgage Lenders’ Handbook provisions . Even if you were a cash buyer you would be ill advised not to carry out Treharris conveyancing searches.
It is 10 years ago since I acquired my property in Treharris. Conveyancing lawyers have just been retained on the sale but I can't locate the title documents. Will this cause complications?
Don’t worry too much. Firstly the deeds may be with the lender or they could be in the possession of the solicitor who acted in the purchase. Secondly the chances are that the title will be registered at the land registry and you will be able to establish that you own the property by your conveyancing lawyers procuring current official copies of the land registers. Most conveyancing in Treharris involves registered property but in the rare situation where your property is unregistered it is more of a problem but is not insurmountable.
Our mortgage company has suggested solicitors on their panel based in Treharris but I would rather use a conveyancing lawyer in Treharris or nearer to where I live. Are you able to help?
Not all Treharris conveyancing firms are approved and listed on all banks conveyancing panel. Please make use of our find an approved solicitor tool to locate a Treharris conveyancing conveyancer on the on the lender panel.
I own a leasehold flat in Treharris. Conveyancing and Bank of Scotland mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1991. The conveyancing solicitor in Treharris who acted for me is not around. What should I do?
The first thing you should do is make enquiries of the Land Registry to make sure that the individual claiming to own the freehold is in fact the new freeholder. It is not necessary to instruct a Treharris conveyancing solicitor to do this as it can be done on-line for less than a fiver. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I purchased a basement flat in Treharris, conveyancing having been completed in 1995. Can you please calculate a probable premium for a statutory lease extension? Equivalent properties in Treharris with a long lease are worth £260,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease ceases on 21st October 2093
With only 74 years unexpired the likely cost is going to range between £8,600 and £9,800 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to supply the actual costs without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not move forward based on this information without first seeking the advice of a professional.