My friend's dad is a solicitor. I suspect that I'll be able to get preferential fee for conveyancing, However if that does not come through, what kind of figure would I typically be looking at for conveyancing in Cowbridge?
Do contrast pricing. Do use our search tool on this site. You will notice that quotes seem to vary but the service one can expect differ between law firms as is the case with the vast majority of professional services.
We see that you have a post code search directory identifying law firms on the Aldermore conveyancing panel. Do firms pay you a commission if I retain them for our own conveyancing in Cowbridge?
We are a listing service only for law firms wishing to communicate if they are on the Aldermore conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Cowbridge.
We're in Cowbridge, First timers buying with a mortgage (lender is Skipton , and our solicitor is on the Skipton conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Skipton conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
A colleague suggested that where I am purchasing in Cowbridge I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally quoted for as part of the standard Cowbridge conveyancing searches. It is a large report of more than thirty pages, listing and detailing significant information about Cowbridge around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Cowbridge Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful information concerning Cowbridge.
I used Stirling Law a few years ago for my conveyancing in Cowbridge. I now require my file but the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Cowbridge of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am a negotiator for a reputable estate agency in Cowbridge where we see a few leasehold sales derailed as a result of leases having less than 80 years remaining. I have been given conflicting advice from local Cowbridge conveyancing firms. Could you clarify whether the seller of a flat can commence the lease extension formalities for the buyer?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the sale.
An alternative approach is to agree the lease extension with the freeholder 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 am the registered owner of a 2 bed flat in Cowbridge, conveyancing formalities finalised in 2000. Can you give me give me an indication of the likely cost of a lease extension? Corresponding properties in Cowbridge with over 90 years remaining are worth £206,000. The average or mid-range amount of ground rent is £45 yearly. The lease ends on 21st October 2090
You have 65 years remaining on your lease we estimate the price of your lease extension to range between £13,300 and £15,400 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed investigations. You should not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before seeking the advice of a professional.