The lawyer who helped my former purchase has quoted £1350 for no sale no fee conveyancing in Waterhouses. I’m selling a modern property for £150,000. This appears expensive. Is it above the average fee for conveyancing in Waterhouses?
The estimate does seem a tad overpriced. If you shop around you could trim some of the cost by perhaps £125. On the other hand, you maycome to rue choosing an a cheaper lawyer. Don't forget to check the solicitor can represent your lender. You can employ our comparison tool to get a quote a Waterhouses conveyancing company on the banks conveyancing panel which can often include conveyancing solicitors in Waterhouses.
I do hope you can assist me. My Waterhouses conveyancer is advising me that he has toconduct Waterhouses conveyancing searches becausethe firm are on the HSBCconveyancing panel. Is this really necessary?
You have limited options available to you. As you are obtaining a mortgage with a mortgage company your property lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your property lawyer would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to follow the Council of Mortgage Lenders’ Handbook requirements . Even if you were a cash buyer you would be ill advised not to carry out Waterhouses conveyancing searches.
The deeds to my house are lost. The lawyers who dealt with the conveyancing in Waterhouses 10 years ago are no longer around. What are my options?
Assuming you have a registered title the information relating to your ownership will be recorded by HMLR with a Title Number. It is easy to perform a search at the Land Registry, identify your property and secure current copies of the property title for less than a fiver. If the property is Leasehold then the Land Registry will usually retain a certified duplicate of the Registered Lease and again, a copy can be retrieved for a small fee.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Waterhouses. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Waterhouses
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The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please confirm the Lease plans are surveyor prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. There must be mutual enforceability of lessee’s covenants.
Back In 2007, I bought a leasehold flat in Waterhouses. Conveyancing and The Royal Bank of Scotland mortgage organised. I have received a letter from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1991. The conveyancing solicitor in Waterhouses who acted for me is not around. Do I pay?
The first thing you should do is contact HMLR to make sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to incur the fees of a Waterhouses conveyancing solicitor to do this as it can be done on-line for less than a fiver. Rest assured that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I purchased a garden flat in Waterhouses, conveyancing was carried out February 2001. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Waterhouses with over 90 years remaining are worth £202,000. The ground rent is £60 charged once a year. The lease comes to an end on 21st October 2082
With only 57 years remaining on your lease the likely cost is going to be between £28,500 and £33,000 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.