I was recommended to a lawyer who has quoted £1200 for freehold conveyancing in Hathern. I am selling a Georgian detached home for £225,000. Are these estimated fees excessive? Is it above what I should be paying for conveyancing in Hathern?
The estimate does seem marginally steep. Where you are prepared to invest time scrutinising fee on a like for like basis you could shave off some of the expense by as much as £100 plus VAT. That being said, you maycome to rue opting for an an unknown lawyer. If is important to enquire that the conveyancer can also act for your bank. You can employ our search tool to select a Hathern conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Hathern.
I am planning to acquire a property and require a conveyancing solicitor in Hathern who is on the The Royal Bank of Scotland approved. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for The Royal Bank of Scotland in certain locations such as Hathern. We dont recommend any particular firm.
It has been four months since my purchase conveyancing in Hathern took place. I have checked the Land Registry site which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the advice of my in-laws I had a survey completed on a house in Hathern ahead of retaining lawyers. I have been told that there is a flying freehold overhang to the house. My surveyor advised that some mortgage companies will not grant a mortgage on this type of premises.
It depends who your proposed lender is. Santander has different instructions for example to Birmingham Midshires. Should you wish to call us we can look into this further with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Hathern. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Hathern to see if the conveyancing will be more expensive.
How does the Landlord & Tenant Act 1954 affect my business premises in Hathern and how can you help?
The particular law that you refer to gives security of tenure to business leaseholders, giving them the right to make a request to court for a new lease and continue in occupation when the lease comes to an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Hathern is one of the hundreds of areas of the UK in which the firms we work with have offices
I own a leasehold house in Hathern. Conveyancing and Chelsea Building Society mortgage organised. A letter has just been received from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1998. The conveyancing practitioner in Hathern who previously acted has long since retired. Do I pay?
The first thing you should do is contact HMLR to be sure that this person is indeed the new freeholder. You do not need to incur the fees of a Hathern conveyancing solicitor to do this as you can do this on the Land Registry website for £3. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I inherited a studio flat in Hathern, conveyancing formalities finalised in 2001. Can you please calculate a probable premium for a statutory lease extension? Similar properties in Hathern with over 90 years remaining are worth £176,000. The ground rent is £50 invoiced annually. The lease finishes on 21st October 2105
With only 80 years remaining on your lease we estimate the premium for your lease extension to span between £8,600 and £9,800 plus costs.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.