My friend's mother is a conveyancer. I anticipate that I'll be able to get mate’s rates for conveyancing, However if that does not come through, what level of costs should I be expecting for conveyancing in Raglan?
It’s wise to obtain 3 or more like-for-like conveyancing estimates. Do use our comparison tool on this site. You will notice that amounts will vary but service levels do are distinct between property lawyers as is the case with most professions.
It is a dozen years since I acquired my house in Raglan. Conveyancing solicitors have recently been retained on the sale but I am unable to locate my title deeds. Is this a major issue?
You need not be too concerned. First the deeds may be kept by the lender or they may be in the possession of the lawyers who acted in your purchase. Secondly the chances are that the title will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing lawyers acquiring up to date copy of the land registers. Nearly all conveyancing in Raglan relates to registered property but in the unlikely event that your home is not registered it adds to the complexity but is not insurmountable.
In what way does the Landlord & Tenant Act 1954 impact my commercial premises in Raglan and how can you help?
The 1954 Act affords a safeguard to commercial leaseholders, giving them the right to make a request to court for a new tenancy and continue in occupation when the lease comes to an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Raglan is one of the hundreds of areas of the UK in which the firms we work with have offices
Estate agents have just been given the go-ahead to market my 2 bed flat in Raglan. Conveyancing is yet to be initiated, but I have just received a quarterly service charge demand – what should I do?
It best that you clear the invoice as usual as all ground rent and service charges should be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I own a leasehold flat in Raglan, conveyancing having been completed half a dozen years ago. How much will my lease extension cost? Similar flats in Raglan with an extended lease are worth £211,000. The ground rent is £50 yearly. The lease ceases on 21st October 2093
With just 68 years remaining on your lease we estimate the price of your lease extension to span between £9,500 and £11,000 as well as professional fees.
The suggested premium range 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 issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.
My property lawyer in Raglan has informed me that he requires identification documents asserting that this forms part of his legal duty as a conveyancer on the mortgage company Conveyancing panel. Can this be correct?
Anti-terror and anti-money-laundering rules require Raglan conveyancing solicitors and licensed conveyancers to verify the identity of the person or body they are dealing with before they can accept their conveyancing business. The Client Care letter that you need to sign will no doubt confirm this. Your lawyer is right that the mortgage company also require certain documents to be viewed. If a you refuse to provide ID verification documents, your conveyancer would not be able to accept instructions from you. Your lawyer also has obligations to obtain certain documents in accordance with the mortgage company's UK Finance Lenders’ Handbook requirements