My previous conveyancer has given a fee estimate £1350 for fixed fee conveyancing in Aspley Guise. I am looking to sell a Edwardian detached home for £150,000. Is this over the top? Is it in excess of the norm for conveyancing in Aspley Guise?
The quote is slightly on the high side. If you shop around you may be able to reduce the fees marginally by perhaps £125. That being said, you mightlive to regret choosing an an unknown solicitor. Remember to ensure the firm can also act for your bank. You can use our comparison tool to select a Aspley Guise conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Aspley Guise.
Please help - my lawyer says that lack of planning permission insurance is needed on my purchase. What is the typical level of cover needed for conveyancing in Aspley Guise?
The right level of lack of planning permission indemnity insurance should be dictated by who your lender. It would differ for example between HSBC Bank and Chelsea Building Society. Conveyancing solicitors as opposed to members of the public take out such policies.
I am selling my flat. I had a double glazing fitted in August 2006, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's lender, Nationwide are being difficult. The Aspley Guise solicitor who is on the Nationwide conveyancing panel is saying indemnity insurance will be fine but Nationwide are insisting on a building regulation certificate. Why do Nationwide have a conveyancing panel if they don't accept advice from them?
It is probably the case that Nationwide have referred the matter to their valuer. The reason why Nationwide may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
I was told two weeks ago that my mortgage has been agreed to by Co-operative. Is it usual for Co-operative to only issue the offer once my solicitor in Aspley Guise is approved on their conveyancing panel? Co-operative have asked my solicitor to see a copy of their PI Insurance.
A lender would not issue a mortgage until they have details of a lawyer on their panel. It can take a few weeks for Co-operative to deal with your lawyer's application to be on the Co-operative conveyancing panel. There's no guarantee that your solicitor will be accepted.
Despite weeks of looking the Title Certificate and documents to our home are lost. The conveyancers who conducted the conveyancing in Aspley Guise 4 years ago no longer exist. What are my options?
As long as the title is registered the information relating to your ownership will be recorded by the Land Registry under a Title Number. It is easy to perform a search at the Land Registry, identify your property and secure current copies of the property title for less than a fiver. If the title is Leasehold then the Land Registry will also normally retain a file duplicate of the Registered Lease and again, a copy can be retrieved for £20 inclusive of VAT.
I'm purchasing my first flat in Aspley Guise with a loan from Nottingham Building Society. The builders would not reduce the price so I negotiated five thousand pounds worth of extras instead. The sale representative told me not inform my lawyer about this side-deal as it may adversely affect my loan with the bank. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Hoping to buy a property located in Aspley Guise and I am already nervous. I couldn't find anything specific about Aspley Guise. Conveyancing will be needed in due course but do you know about the Aspley Guise area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Aspley Guise. In the meantime here are some basic statistics that we found
There are only 68 years remaining on my lease in Aspley Guise. I need to extend my lease but my freeholder is can not be found. What should I do?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. However, you will be required to demonstrate that you have made all reasonable attempts to locate the lessor. In some cases a specialist may be useful to carry out a search and prepare a report to be used as proof that the landlord is indeed missing. It is wise to seek advice from a conveyancer in relation to investigating the landlord’s disappearance and the vesting order request to the County Court overseeing Aspley Guise.
I invested in buying a basement flat in Aspley Guise, conveyancing having been completed in 2009. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Aspley Guise with over 90 years remaining are worth £186,000. The ground rent is £55 levied per year. The lease ends on 21st October 2074
With only 53 years remaining on your lease we estimate the premium for your lease extension to range between £27,600 and £31,800 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 the actual costs in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.