I can see plenty of information on this site concerning conveyancing in Woodbridge but what is your top tip for choosing the right conveyancer in Woodbridge
It would be unwise to be tempted by the lowest Woodbridge conveyancing fees. You really do get what you pay for when it comes to property lawyers. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
A colleague informed me that in buying a property in Woodbridge there may be various restrictions affecting the ability to carry out external changes to the property. Is this right?
We are aware of anumerous of properties in Woodbridge which have some sort of restriction or requirement of consent to execute external changes. Part of the conveyancing in Woodbridge should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
We expect to receive a OIP from Aldermore this week so we know how much we could potentially offer as otherwise we are dependent on web based calculators (which aren't taking into account credit checks etc). Do Aldermore recommend any Woodbridge solicitors on the Aldermore conveyancing panel, or is it better to find our own lawyer?
You will need to appoint Woodbridge solicitors independently although you'll need to choose one on the Aldermore conveyancing panel. The solicitor represents both you and Aldermore through the process.
It has been 3 months since my purchase conveyancing in Woodbridge completed. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £160,000. 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 asset 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.
My father-in-law has encouraged me to instruct his conveyancing solicitors in Woodbridge. Should I use them?
There are no two ways about it the best way to find a conveyancing solicitor is to get feedback from friends or family who have actually used the firm you're considering.
My wife and I purchased a leasehold flat in Woodbridge. Conveyancing and Alliance & Leicester mortgage organised. A letter has just been received from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1998. The conveyancing practitioner in Woodbridge who acted for me is not around. What should I do?
First make enquiries of the Land Registry to be sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. There is no need to incur the fees of a Woodbridge conveyancing lawyer to do this as you can do this on the Land Registry website for £3. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I inherited a garden flat in Woodbridge, conveyancing was carried out 6 years ago. Can you work out an approximate cost of a lease extension? Comparable properties in Woodbridge with a long lease are worth £170,000. The ground rent is £50 charged once a year. The lease expires on 21st October 2097
You have 78 years left to run we estimate the premium for your lease extension to range between £7,600 and £8,800 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.
My conveyancer in Woodbridge has informed me that he requires proof of ID documents asserting that this is part of his obligations as a solicitor on the bank Solicitor panel. Can you confirm whether this is the case?
Due to Money Laundering Regulations your conveyancing lawyer is duty bound to confirm positively your identification when entering into a business relationship with you. It is a criminal offence if your lawyer not do this. If you do not provide ID early in the transaction the solicitor must refuse to act for you. It’s unlikely a lawyer will turn you away if you come to the first meeting without relevant ID but you will have to produce it at some point so you might as well bring it with you to the initial meeting so the lawyer can tick the ID verification box and start sorting out the conveyancing straight away. If you are getting a mortgage, your lawyer also has to check ID documents to satisfy the bank. This is not unique to conveyancing in Woodbridge