I was recommended to a lawyer who has sent a quote for £1700 for freehold conveyancing in Mundesley. I am looking to sell a newly refurbished property for £300,000. Are these estimated fees excessive? Is it above what I should be paying for conveyancing in Mundesley?

The charges are a bit high. Where you are happy to invest time scrutinising prices you could shave off some of the cost by say £125. That being said, you couldcome to rue choosing an an unknown lawyer. If is important to enquire that the firm can act for your bank. You can make use of our comparison tool to choose a Mundesley conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Mundesley.

It has been 4 months following my purchase conveyancing in Mundesley concluded. I have checked the Land Registry website which shows that I paid £200,000 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 property 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.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Mundesley. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Here are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Mundesley

Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please confirm the Lease plans are surveyor prepared. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

I am hoping to put an offer on a small detached house that seems to be perfect, at a reasonable figure which is making it all the more appealing. I have since discovered that the title is leasehold rather than freehold. I am assuming that there are particular concerns purchasing a house with a leasehold title in Mundesley. Conveyancing advisers have are soon to be instructed. Will my lawyers set out the implications of buying a leasehold house in Mundesley ?

The majority of houses in Mundesley are freehold and not leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can help the conveyancing process. We note that you are buying in Mundesley in which case you should be shopping around for a Mundesley conveyancing practitioner and check that they are used to transacting on leasehold houses. First you will need to check the unexpired lease term. As a tenant you will not be entirely free to do whatever you want with the house. The lease will likely included provisions such as requiring the freeholder’sconsent to conduct changes to the property. You may also be required to pay a maintenance charge towards the maintenance of the communal areas where the property is part of an estate. Your lawyer will advise you fully on all the issues.

Mundesley Conveyancing for Leasehold Flats - A selection of Questions you should ask before Purchasing

If a Mundesley lease has fewer than eighty years it will affect the value of the apartment. It is worth checking with your mortgage company that they are willing to go ahead with the loan given the lease term. Leases with fewer than 80 years remaining means that you will almost definitely have to extend the lease at some point and you need to have some idea of how much this would cost. For most Mundesleylease extensions you will need to own the premises for two years before you are legally able to extend the lease. Generally speaking the cost for major works tend not to be built into the maintenance charges, although some managing agents in Mundesley require leaseholders to contribute towards a sinking fund created for the specific purpose of establishing a fund for major repairs or maintenance.

Me and my husband are looking at buying our first property in Mundesley. Is it possible for you to refer me to a good Mundesley lawyer that can represent us as well as act for UBS?

The purpose of this site is restricted to being a directory service for solicitors who want to be listed as being on the approved conveyancing panel for UBS in certain locations for instance Mundesley . Our intention is not to recommend any particular solicitor.