The lawyer who dealt with my previous purchase has given a fee estimate just over a thousand pound for no sale no fee conveyancing in Stanmore. I’m selling a Victorian detached home for £150,000. Are these conveyancing fees excessive? Is it above what I should be paying for conveyancing in Stanmore?
The quote is fractionally on the high side. If you shop around you may be able to get the conveyancing a bit cheaper by say £100 plus VAT. On the other hand, you maycome to regret opting for an an unknown lawyer. Remember to be sure the conveyancer can also act for your mortgage company. You can utilise our comparison tool to locate a Stanmore conveyancing practice on the banks conveyancing panel which can often include conveyancing solicitors in Stanmore.
I am about to exchange on the purchase of a property in Stanmore but as a result of wreckage from the recent storms I have was able negotiate reparation from the vendor of six thousand pounds by way of a reduction in the price. This was going to be addressed as part of the conveyancing process but Skipton are not allowing this. Why were they approached?
The lawyer that is on a Skipton approved list is obliged to advise Skipton of any amendments to the purchase price. If you prohibit your conveyancing practitioner to disclose the reduction to Skipton then they would have to discontinue acting for you. In addition, Skipton and you would have to appoint a new property lawyer for your conveyancing in Stanmore.
My brother-in-law has suggested I instruct a conveyancing solicitor in Stanmore. I I am struggling to find out whether they are on the Virgin Money conveyancing panel. Can you assist?
You should e-mail the conveyancer and ask them whether they can act for the lender. Otherwise you can get in touch with Virgin Money who may be able to confirm.
Over the last few months I have been searching for a flat up to £235,500 and found one close by in Stanmore I like with amenity areas and station in the vicinity, the downside is that it's only got 49 years unexpired on the lease. I can't really find anything else in Stanmore suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a mortgage the remaining unexpired lease term may be a potential deal breaker. Discount the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you could request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.
How does the Landlord & Tenant Act 1954 impact my commercial offices in Stanmore and how can you help?
The particular law that you refer to gives a safeguard to commercial leaseholders, granting the dueness to apply to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Stanmore is one of the hundreds of locations in which our lawyers have offices