My previous conveyancer has given a fee calculation of £1700 for freehold conveyancing in Warwickshire. I’m looking to sell a purpose built house for £225,000. Are the quoted fees excessive? Is it above the average fee for conveyancing in Warwickshire?
The estimate does seem marginally overpriced. If you shop around you may be able to shave off some of the cost by perhaps £100 plus VAT. That being said, you couldlive to rue choosing an an unknown solicitor. If is important to be sure the solicitor can act for your lender. You can employ our search tool to select a Warwickshire conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Warwickshire.
We are looking to buy a house and need a conveyancing solicitor in Warwickshire who is on the Aldermore approved panel. Can you recommend a local solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Aldermore . We don't recommend any particular firms conducting conveyancing in Warwickshire.
Do I need to take out insurance to protect me from financial exposure to chancel repairs when buying a residence in Warwickshire?
Unless a prior purchase of the premises completed post 12 October 2013 you could assume that lawyers carrying out conveyancing in Warwickshire to continue to propose a a chancel search and or insurance against a claim.
My wife and I own a semi-detached Georgian property in Warwickshire. Conveyancing practitioner acted for me and TSB. I did a free Land Registry search last week and I saw a couple of entries: one for freehold, another for leasehold under the matching property. Is it worth asking TSB to clarify?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Warwickshire and other locations in the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with the conveyancing practitioner who conducted the purchase.
Over the last few months I have been searching for a flat up to £305k and found one close by in Warwickshire I like with amenity areas and transport links in the vicinity, the downside is that it's only got 49 years on the lease. There is not much else in Warwickshire in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you need a mortgage the remaining unexpired lease term may be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current owner has owned the property for a minimum of twenty four months you can ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.