What is the best way of choosing a leasehold conveyancing in Ely?
First ask the people you trust who they would recommend.
Second, search the internet for conveyancing in Ely. Ring a couple or more firms from the list and ask them to forward you their conveyancing estimate and discuss your needs with the solicitor who will handle your legal process beforemaking your choice.
Option 3 is to make use of our search tool to help you find the right solicitors taking into account your own factors including area of the property,deadlines, complications and who the proposed mortgage company is. Do not be fooled by £100 conveyancing in Ely
We are purchasing a flat and need a conveyancing solicitor in Ely who is on the Lloyds solicitor panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Lloyds . We don't recommend any particular firms conducting conveyancing in Ely.
It has been 4 months following my purchase conveyancing in Ely completed. I have checked the Land Registry site which shows that I paid £150,000 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.
Last September I purchased a leasehold house in Ely. Do I have any liability for service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I bought a studio flat in Ely, conveyancing formalities finalised half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Ely with over 90 years remaining are worth £227,000. The ground rent is £50 per annum. The lease finishes on 21st October 2097
You have 72 years left to run we estimate the premium for your lease extension to be between £9,500 and £11,000 as well as professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more detailed investigations. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.
We have been informed by various family members to expect 6-8 weeks for Ely conveyancing to complete.This was a month ago. The property information was only received to my lawyer a couple of days ago so now does it countdown?
You should take with a grain of salt any assurance as to fast completion times. Instead ask the average time it takes for them to complete Ely conveyancing deals and whether they are happy to aim towards an agreed target date for your conveyancing in Ely