I was recommended to a conveyancer who has given a fee estimate £1200 for leasehold conveyancing in Elephant and Castle. I am hoping to downsize from a Edwardian property for £225,000. Are the quoted fees excessive? Is it above the norm for conveyancing in Elephant and Castle?
The charges are a bit high. Where you are prepared to spend time scrutinising quotes you may be able to get the conveyancing a bit cheaper by as much as £100 plus VAT. On the other hand, you maycome to rue choosing an an unknown solicitor. Remember to check that the conveyancer can act for your bank. You can use our comparison tool to find a Elephant and Castle conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Elephant and Castle.
I'm buying a new build house in Elephant and Castle with a mortgage from TSB. The sellers refused to reduce the amount so I negotiated £7000 of fixtures and fittings instead. The sale representative advised me not to tell my lawyer about the side-deal as it may put at risk my mortgage with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer 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.
I am downsizing from my property. My former lawyers closed down. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Elephant and Castle if that makes a difference.
You should use our search tool to help you find a solicitor for your conveyancing in Elephant and Castle. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
My uncle has suggested that I use his conveyancing solicitors in Elephant and Castle. Do I take his recommendation?
There are no two ways about it the best way to find a conveyancing practitioner is to have referrals from friends or family who have actually previously instructed the solicitor that you are contemplating using.
If all goes to plan we aim to complete our sale of a £450,000 maisonette in Elephant and Castle on Monday in a week. The management company has quoted £348 for Landlord’s certificate, building insurance schedule and previous years service charge statements. Is the landlord entitled to charge an administration fee for a flat conveyance in Elephant and Castle?
For the majority of leasehold sales in Elephant and Castle conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Answering pre-contract questions
Where consent is required before sale in Elephant and Castle
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I have tried to negotiate informally with with my landlord to extend my lease without any joy. Can the Leasehold Valuation Tribunal decide on such matters? Can you recommend a Elephant and Castle conveyancing firm to help?
if there is a missing freeholder or if there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to assess the price payable.
An example of a Lease Extension matter before the tribunal for a Elephant and Castle premises is Ground Floor Flat 39 Bronsart Road in May 2010. Following a vesting order by West London County Court the Leasehold Valuation Tribunal concluded that the price to be paid for the extended lease of the premises was Thirteen Thousand Two hundred pounds (£13,200) in accordance with the valuation. The extended lease was granted for a term of 90 years from the expiry date of the Lease and at a peppercorn ground rent from the date of the vesting order. This case was in relation to 1 flat. The remaining number of years on the lease was 74.77 years.
My lawyers in Elephant and Castle have advised me that no longer have my conveyancing file. At the time of my purchase I took out a mortgage with the mortgage company. Is it case that being on the lender conveyancing panel they need to have retained the file for a number of years?
It very much depends from lender to lender but many of the Terms and Conditions of Conveyancing Panel Appointment require the file to be held for a period of 6 years. That being said we have not seen a copy of the lender Conveyancing Panel Terms. It might be worth you contacting the lender directly.