IfI were to acquire a freehold propertyin Finedon for cash and dispense with a survey and no conveyancing searches how much could I expect to to save on my conveyancing in Finedon?
The only reduction in fees you would achieve is the costs for searches. Your solicitor still be obliged to do everything else - money laundering, communicating with the vendors property lawyer, SDLT submission, register the ownership etc. A slight saving might be made by not having to register a mortgage but it won't be meaningful.
I am purchasing a garden flat in Finedon. Can I do my own conveyancing?
Leaving aside the complexities and merits of DIY conveyancing in Finedon you will have to appoint a solicitor on your mortgage company's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Finedon.
In my capacity as executor for the estate of my father I am selling a residence in Monmouth but I am based in Finedon. My lawyer (who is 300 miles from merequires that I execute a statutory declaration prior to completion. Could you suggest a conveyancing solicitor in Finedon to attest and place their company stamp on the document?
strictly speaking you are unlikely to be required to have the documents attested by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are located in Finedon
I work for a busy estate agent office in Finedon where we have experienced a number of leasehold sales jeopardised as a result of short leases. I have received contradictory information from local Finedon conveyancing solicitors. Can you clarify whether the owner of a flat can commence the lease extension formalities for the buyer?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the buyer can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the sale.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I acquired a ground floor flat in Finedon, conveyancing formalities finalised in 2009. Can you work out an approximate cost of a lease extension? Equivalent properties in Finedon with a long lease are worth £202,000. The average or mid-range amount of ground rent is £60 charged once a year. The lease runs out on 21st October 2081
With just 57 years remaining on your lease we estimate the price of your lease extension to span between £28,500 and £33,000 plus professional fees.
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 in the absence of comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.
After what seems like an age a loan agreement from a lender for the refinancing of my 4 bedroom flat is expected within the next few days. Can you recommend a low cost remortgage conveyancing law firm in Finedon ?
You are on the wrong site if you are in need of a cheap conveyancing in Finedon. Our aim is to provide excellent value conveyancing but we do not work with the cheapest lawyers. Resist the temptation to appoint companies offering £99 conveyancing in Finedon.At best, in opting for cheap conveyancing, you will get what you pay for and at worst you will end up paying a lot in extras and still not receive the service expected.