My previous lawyer has quoted £1150 for leasehold conveyancing in Clayton. I am selling a Victorian house for £300,000. Is this over the top? Is it above what I should be paying for conveyancing in Clayton?
The estimate does seem a tad overpriced. If you shop around you could shave off some of the cost by say £125. On the other hand, you maylive to rue opting for an a cheaper solicitor. If is important to be sure the firm can represent your mortgage company. Do make use of our comparison tool to find a Clayton conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Clayton.
I have given 8 weeks notice to my existing landlord and have to be out of my let out property in Clayton by the end of next month. Conveyancing for my house purchase is underway. How realistic is it to complete in six weeks as don't want to have to find temporary accommodation?
The normal practice is not to give notice for your tenancy until your lawyer suggests that you should. If you have not previously done so, speak to your lawyer and request that they chase the sellers side, try to an agreed time frame that everyone will look towards
I am being advised by my conveyancer that flying freehold insurance is needed on my purchase. What is the level of cover for Clayton conveyancing?
The appropriate level of flying freehold indemnity insurance should be dictated by who who your lender is. It would differ for example between Halifax and Bank of Scotland. Conveyancing lawyers as opposed to borrowers take out such policies.
is it true that all Clayton solicitor practices on the Principality conveyancing panel are governed by the Solicitors Regulatory Authority?
As a firm of solicitors, in order to be on the Principality approved list of solicitors they would need to be governed by the Solicitors Regulatory Authority. The majority of banks do permit licenced conveyancers on their panel in which case such organisation would be overseen by the Council of Licensed Conveyancers.
We were going to get a AIP from HSBC this week so we can work out what to offer on a property we like as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do HSBC recommend any Clayton solicitors on the HSBC conveyancing panel, or is it better to go independently?
You will need to appoint Clayton solicitors independently although you'll need to choose one on the HSBC conveyancing panel. The solicitor represents both you and HSBC through the process.
I require fast conveyancing in Clayton as I am under pressure to complete in less than 3 weeks. A mortgage is not required. Is it possible to escape the need for conveyancing searches to save fees and time?
As you are not getting a mortgage you are at liberty not to do searches although no solicitor would advise that you don't. Drawing on our experience of conveyancing in Clayton the following are examples of what can crop up and adversely impact market value: Refused Planning Applications, Overdue Fees, Outstanding Grants, Unadopted Roads,...
I'm converting the mortgage on my current property to a BTL loan with Coventry Building Society and intend to use the remaining equity as a down payment on a second property. The area we are looking at is Clayton. Will your lawyers be able to act for the two lenders and tie in the two deals?
Make use of our search tool on this page to be sure that the lawyers are on the relevant lender panels. Having checked that they are your lawyer should be able to tie up the two conveyancing matters but you should talk with you lawyer and specify your expectations and needs.
I am employed by a busy estate agency in Clayton where we have witnessed a few flat sales put at risk due to short leases. I have received contradictory information from local Clayton conveyancing firms. Could you confirm whether the seller of a flat can start the lease extension formalities for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the sale.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord 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 buyer.
Clayton Conveyancing for Leasehold Flats - Examples of Queries Prior to buying
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Generally speaking the outlay for major works tend not to be included within maintenance charges, albeit that some managing agents in Clayton ask leaseholders to contribute towards a reserve fund and this is used to offset against larger works. It is important to be aware whether window replacement or some other significant cost is due shortly to be shared by the leasehold owners and may well dramatically impact the level of the maintenance costs or necessitate a specific payment. Is there a share of the freehold?