Just contacted my conveyancing solicitor in Blackpool who acted for me two years ago and wanted a conveyancing costs illustration based on the same type of house move (a leasehold property and a freehold premises) of similar values with a home loan from Barclays . I am now being quoted double. Should I hunt for a cheaper online conveyancer?
The charges seem a bit high. If you you were to look around you may be able to reduce the fees slightly by perhaps a hundred pounds. That being said, if you were pleased with the conveyancing the firm provided you couldlive to regret opting for an an unknown conveyancer. Remember to ensure that the firm can represent Barclays . You can make use of our search tool to choose a Blackpool conveyancing firm on the Barclays approved list of lawyers, which can often include conveyancing solicitors in Blackpool.
We are buying a house and the conveyancer has referenced Chancel Repair to which the property could be obligated to contribute to given it’s proximity to the area of such a church. He has recommended insurance. Is this strictly necessary for conveyancing in Blackpool
Unless a previous acquisition of the premises completed after 12 October 2013 you could take it that lawyers handling conveyancing in Blackpool to continue to recommend a chancel search and or chancel repair liability insurance.
I've recently found out that there is a flying freehold element on a property I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Blackpool is the location of the property. Can you shed any light on this issue?
Flying freeholds in Blackpool are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Blackpool you would need to get your solicitor to go through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Blackpool may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I was recommended by a few estate agents in Blackpool to get a quote from a property lawyer using your seach tool. Is there a financial incentive for Estate Agents to offer your services rather than another?
We don’t give any commission for sending work to this site. We found it would be just too difficult a fee because members of the public would think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
I am thinking of appointing a conveyancing practitioner in Blackpool for my house move. Is it possible to check a firm’s record with the profession’s regulator?
You may see published Solicitor Regulator Association (SRA) decisions arising from investigations from 2008 onwards. Visit Check a solicitor's record. To find information Pre 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, dial +44 (0)121 329 6800. The regulator could recorded call for training purposes.
I am a negotiator for a busy estate agency in Blackpool where we have experienced a few leasehold sales jeopardised due to leases having less than 80 years remaining. I have been given inconsistent advice from local Blackpool conveyancing solicitors. Could you shed some light as to whether the owner of a flat can commence the lease extension process 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 start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is 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 prior to, or simultaneously with completion of the disposal of the property.
An alternative approach is 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.
I invested in buying a ground floor flat in Blackpool, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Blackpool with an extended lease are worth £190,000. The ground rent is £65 per annum. The lease comes to an end on 21st October 2081
With 61 years left to run the likely cost is going to be between £19,000 and £22,000 plus legals.
The figure 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 due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.