I selected a East Hunsbury based solicitor for our conveyancing in East Hunsbury yesterday. Upon checking the Terms I noteI am liable for costs even if our purchase doesn't happen. Would I be best advised to instruct a web based conveyancing company promoting no-sale-no-fee conveyancing in East Hunsbury?
Generally there is a compromise along the lines that if "No Completion No Fee" is available then the conveyancing charges will tend to be be more expensive to neutralise those cases that do not go ahead. Do bear in mind that such arrangements tend not to protect you from outlay for example East Hunsbury conveyancing search fees.
I am purchasing a house and the lawyer has mentioned Chancel Repair to which the house may be obligated to pay given it’s proximity to the area of such a church. She has suggested insurance. Is this strictly warranted for conveyancing in East Hunsbury
Unless a previous acquisition of the property completed post 12 October 2013 you may assume that solicitors conducting conveyancing in East Hunsbury to remain encouraging a chancel search and or chancel repair liability policy.
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what should have been a simple, chain free conveyancing. East Hunsbury is the location of the property. Is there any guidance you can impart?
Flying freeholds in East Hunsbury are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside East Hunsbury you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in East Hunsbury may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
My wife and I purchased a leasehold flat in East Hunsbury. Conveyancing and Chelsea Building Society mortgage are in place. A letter has just been received from someone claiming to own the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1991. The conveyancing practitioner in East Hunsbury who previously acted has long since retired. Any advice?
First make enquiries of the Land Registry to be sure that this person is in fact the registered owner of the freehold reversion. You do not need to instruct a East Hunsbury conveyancing firm to do this as you can do this on the Land Registry website for a few pound. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I inherited a garden flat in East Hunsbury, conveyancing was carried out 5 years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in East Hunsbury with over 90 years remaining are worth £186,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease finishes on 21st October 2078
You have 53 years left to run the likely cost is going to be between £27,600 and £31,800 plus legals.
The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.
I was told by my mortgage company that their panel lawyers operate no move no fee basis for conveyancing in East Hunsbury. My purchase fell through and now the lawyers want search fees! They are claiming that the fees are seperate!
East Hunsbury conveyancing search fees are disbursements not solicitors fees as these are payable to a third party.