The solicitor who dealt with my previous purchase has given a fee estimate £1150 for fixed fee conveyancing in Bayswater. I’m hoping to downsize from a modern detached home for £175,000. Are these estimated fees excessive? Is it above the norm for conveyancing in Bayswater?
The estimate does seem marginally overpriced. Where you are prepared to expend time scrutinising quotes you could get the conveyancing a bit cheaper by perhaps a hundred pounds. On the other hand, you maylive to regret opting for an an unknown conveyancer. Don't forget to ensure the firm can also act for your mortgage company. You can utilise our search tool to get a quote a Bayswater conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Bayswater.
We note that you have a search directory listing law firms on the TSB conveyancing panel. Do companies pay you a referral fee if I instruct them for our own conveyancing in Bayswater?
We are a listing service only for law firms wishing to communicate if they are on the TSB conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Bayswater.
How do I investigate if the solicitor handling my conveyancing in Bayswater is on the bank’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Aldermore thus paying £192.00 in another set of conveyancing bill.
You should make the most of the find a conveyancing panel solicitor tool on this site. Pick the lender and type ‘Bayswater’ or your location and you will see a number of lawyer located in Bayswater or nearest you.
I am close to exchanging contracts on the sale of our house in Bayswater and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any local lawyer would know this is not the case. For the life of me I don't know why the purchasers used an online conveyancing practice as opposed to a conveyancing solicitor in Bayswater. We have lived in Bayswater for six years we know of no issue. Should we contact our local Authority to get confirmation that there is no issue.
It would appear that you have a conveyancing solicitor already. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Just had an offer accepted on a new build apartment in Bayswater. Conveyancing is daunting 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 enquiries that you may expect your new-build leasehold conveyancing in Bayswater
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Forfeiture - bankruptcy or liquidation must not apply under this provision. 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. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
I am a negotiator for a long established estate agency in Bayswater where we have witnessed a few flat sales derailed due to short leases. I have been given conflicting advice from local Bayswater conveyancing solicitors. Please can you shed some light as to whether the owner of a flat can instigate the lease extension process for the buyer?
Provided that 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. The benefit of this is that the buyer need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as 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 purchaser.
I have tried to negotiate informally with with my landlord for a lease extension without success. Can the Leasehold Valuation Tribunal decide on such issues? Can you recommend a Bayswater conveyancing firm to represent me?
Where there is a absentee landlord or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the Leasehold Valuation Tribunal to determine the premium.
An example of a Lease Extension case for a Bayswater flat is 93 Oakwood Court in June 2010. the LVT determined that the premium to be paid for the new lease was £492,083, This case related to 1 flat. The remaining number of years on the lease was 37.79 years.