I was referred a solicitor who has sent a quote for £1400 for no sale no fee conveyancing in Friday Hill. I am hoping to sell a Victorian detached home for £300,000. Is this too much? Is it in excess of the norm for conveyancing in Friday Hill?
The quote is slightly on the high side. Where you are content to invest time contrasting charges you may be able to get the conveyancing a bit cheaper by perhaps £100 plus VAT. That being said, you couldlive to rue choosing an an unknown solicitor. Don't forget to enquire the firm can also act for your bank. You can use our comparison tool to get a quote a Friday Hill conveyancing practice on the banks member panel which can often include conveyancing solicitors in Friday Hill.
we are a couple who are hoping to buy a newbuild apartment in Friday Hill with a mortgage from TSB.We have a Friday Hill conveyancing solicitor but TSB informed us her practice is not on their approved list of member firms. we are left little option but to use a TSB panel lawyer or keep our local solicitor and pay for a TSB panel lawyer to represent them. We feel as though this is unjust; is there anything we can do?
Unfortunately,no. The mortgage issued to you contains various provisions, one of which will be that conveyancers needs to be on the TSB solicitor panel. Until recently, most lenders had large numbers of solicitors on their panels: a borrower could choose one for themselves, as long as it was on the lender's panel. The lender would then simply instruct the borrower's lawyers to act for the lender, too. You can use your lender's panel lawyers or you could borrow from another lender which does not restrict your choice. Another option that might be available is for your lawyer to apply to be on the conveyancing panel for TSB
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a straight forward, chain free conveyancing. Friday Hill is the location of the property. Is there any advice you can give?
Flying freeholds in Friday Hill are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Friday Hill you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Friday Hill may decide 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 premises.
In my capacity as executor for the estate of my grandmother I am selling a property in Swansea but I am based in Friday Hill. My lawyer (approximately 235 miles from merequires that I execute a statutory declaration ahead of completion. Can you recommend a conveyancing solicitor in Friday Hill who can 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 any notary public or qualified solicitor will be fine regardless of whether they are Friday Hill based
My wife and I purchased a leasehold flat in Friday Hill. Conveyancing and Birmingham Midshires mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1998. The conveyancing solicitor in Friday Hill who acted for me is not around. Any advice?
The first thing you should do is contact the Land Registry to be sure that this person is in fact the new freeholder. You do not need to instruct a Friday Hill conveyancing firm to do this as you can do this on the Land Registry website for £3. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I inherited a ground floor flat in Friday Hill, conveyancing was carried out in 1995. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Friday Hill with a long lease are worth £176,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease ceases on 21st October 2074
With just 50 years unexpired we estimate the price of your lease extension to span between £31,400 and £36,200 plus costs.
The figure above a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of detailed due diligence. Do not use this information in tribunal or court proceedings. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.