Just contacted my conveyancing solicitor in Chichester who conducted the legals two years ago asking for a conveyancing quote based on the same type of home move (a leasehold premises and a freehold property) of similar values with a home loan from Birmingham Midshires. It looks as though am now being quoted double. Am I right to be tempted to shop around for an alternative property lawyer?
The charges seem a little high. If you are willing to spend time scrutinising charges you could reduce the fees marginally by perhaps £100 plus VAT. That being said, providing that you were satisfied with the assistance the firm provided you maycome to rue choosing an a cheaper conveyancer. If is important to be sure the firm can act for Birmingham Midshires. Do utilise our search tool to locate a Chichester conveyancing firm on the Birmingham Midshires approved list of lawyers, which can often include conveyancing solicitors in Chichester.
My wife and I are at the point of looking at houses in Chichester and I am about to put in an offer. Should I already have a conveyancer appointed at this stage? I am planning to take a home loan with HSBC.
It would be advisable to commence your search sooner rather than later. After you have chosen your lawyer and once your offer is accepted you can instruct them to work for you and forward their details on to the estate agent. Given that you are seeking a mortgage with HSBC, make sure you remember to check that your lawyer is on the HSBC conveyancing panel.
I have today made my last payment due on my mortgage with Lloyds. I assume I don't need a Chichester conveyancer on the Lloyds panel to remove the mortgage at the Land Registry. Am I right?
If you have finished paying off your Lloyds mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Lloyds mortgage from the register. Lloyds, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Lloyds has sent the Land Registry the discharge electronically, and
- Lloyds has instructed the Land Registry to do so
I am currently in the process of buying my council flat in Chichester. I have a mortgage agreed with Kent Reliance. Conveyancing is not something I have any knowledge of. Can I proceed without a solicitor easily? I think we can but we keep being told I should have one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Kent Reliance, you will need to appoint a solicitor on the Kent Reliance conveyancing panel.
Various internet forums that I have frequented warn that are a common reason for obstruction in Chichester house deals. Is this right?
The Council of Property Search Organisations (CoPSO) has noted the conclusions of research by MoveWithUs that conveyancing searches do not figure amongst the most frequent causes of delays in the conveyancing process. Local searches are unlikely to feature in any holding up conveyancing in Chichester.
Yesterday I discovered that there is a flying freehold element on a house I have offered on last month in what was supposed to be a quick, no chain conveyancing. Chichester is where the house is located. Is there any guidance you can impart?
Flying freeholds in Chichester are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Chichester you would need to get your solicitor to go through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chichester 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 premises.
What is different about your site and other online quote calculators for conveyancing in Chichester?
At this site secure a conveyancing costs illustration via a Solicitor or Licensed Conveyancer that understands the issues for your conveyancing in Chichester. Unlike many estate agents and brokerage sites we are not in the business of charging firms a fee if you select them for your conveyancing in Chichester
If all goes to plan we aim to complete the disposal of our £375,000 garden flat in Chichester next week. The landlords agents has quoted £396 for Certificate of Compliance, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Chichester?
Chichester conveyancing on leasehold apartments usually involves the purchaser’s solicitor sending enquiries for the landlord to address. Although the landlord is under no legal obligation to answer these enquiries the majority will be content to do so. They may charge a reasonable charge for responding to enquiries or supplying documentation. There is no set fee. The average fee for the information that you are referring to is over three hundred pounds, in some cases it exceeds £800. The management information fee invoiced by the landlord must be sent together with a summary of rights and obligations in relation to administration fees, without which the invoice is technically not due. Reality however dictates that you have little option but to pay whatever is demanded should you wish to sell the property.
I invested in buying a ground floor flat in Chichester, conveyancing formalities finalised in 2004. Can you please calculate a probable premium for a statutory lease extension? Comparable flats in Chichester with over 90 years remaining are worth £192,000. The ground rent is £55 charged once a year. The lease ends on 21st October 2078
You have 54 years left to run we estimate the price of your lease extension to span between £32,300 and £37,400 plus legals.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first getting professional advice.