The lawyer who dealt with my last purchase has sent a quote for £1350 for freehold conveyancing in Whittlesey. I am looking to sell a Victorian house for £175,000. Are the quoted fees excessive? Is it in excess of the average fee for conveyancing in Whittlesey?
The charges are a little high. If you shop around you might get the conveyancing a bit cheaper by say £100 plus VAT. On the other hand, you mightlive to rue opting for an an unknown lawyer. Remember to check the solicitor can represent your lender. Do employ our search tool to locate a Whittlesey conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Whittlesey.
My uncle informed me that in buying a property in Whittlesey there may be a number of restrictions limiting what one can do in terms of external changes to the property. Is this right?
There are anumerous of properties in Whittlesey which have some sort of restriction or requirement of consent to perform external alterations. Part of the conveyancing in Whittlesey should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
My wife and I buying a 4 bedroom semi-detached house in Whittlesey. The intention is to convert the garage to an office at the property.Will legal investigations on the property include enquiries to see if these works are permitted?
Your property lawyer will check the deeds as conveyancing in Whittlesey can on occasion reveal restrictions in the title documents which prohibit categories of works or necessitated the consent of a 3rd party. Many extensions call for local authority planning consent and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. It would be prudent to check these issues with a surveyor ahead of any purchase.
I can not work out if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have telephoned my Whittlesey building society branch on numerous occasions and was told they are content with the situation and they will lend. My Whittlesey conveyancing solicitor - who is on the lender conveyancing panel- telephoned and was told they refuse to lend based on their published requirements. Who do I believe?
Provided that the conveyancer is on the mortgage company approved list, they must comply with the CML Handbook provisions for the lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
It has been 2 months since my purchase conveyancing in Whittlesey completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I opted to have a survey carried out on a house in Whittlesey prior to instructing solicitors. I have been told that there is a flying freehold element to the house. My surveyor advised that some banks will not grant a mortgage on such a property.
It varies from the lender to lender. Santander has different instructions for example to Nationwide. If you call us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Whittlesey. Conveyancing will be smoother if you use a solicitor in Whittlesey especially if they are familiar with such properties in Whittlesey.
My wife and I may need to rent out our Whittlesey basement flat temporarily due to taking a sabbatical. We instructed a Whittlesey conveyancing firm in 2002 but they have closed and we did not think at the time get any guidance as to whether the lease permits subletting. How do we find out?
Even though your last Whittlesey conveyancing lawyer is not around you can review your lease to check if you are permitted to let out the premises. The accepted inference is that if the lease is silent, subletting is permitted. There may be a precondition that you need to seek consent from your landlord or some other party prior to subletting. This means that you cannot sublet in the absence of prior consent. Such consent should not be unreasonably refused ore delayed. If your lease prohibits you from subletting the property you should ask your landlord if they are willing to waive this restriction.
I invested in buying a garden flat in Whittlesey, conveyancing was carried out half a dozen years ago. How much will my lease extension cost? Equivalent properties in Whittlesey with an extended lease are worth £190,000. The average or mid-range amount of ground rent is £65 invoiced annually. The lease ends on 21st October 2085
With only 61 years left to run we estimate the price of your lease extension to range between £19,000 and £22,000 as well as costs.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.