My previous solicitor has quoted £1400 for no sale no fee conveyancing in Hythe. I’m looking to sell a Victorian house for £225,000. Is this overpriced? Is it in excess of what I should be paying for conveyancing in Hythe?
The estimate does seem marginally steep. If you shop around you might trim some of the expense by as much as £100 plus VAT. On the other hand, you couldcome to rue choosing an an unknown conveyancer. Don't forget to be sure that the conveyancer can also act for your bank. You can employ our search tool to select a Hythe conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Hythe.
In what way does my ID and proof of funds have anything to do with my conveyancing in Hythe? Why is this being asked of me?
Hythe conveyancing solicitors as well as nationwide property practitioners throughout the UK have a duty under Anti-terror and anti-money-laundering rules to verify the ID of any client in order to ensure that clients are who they say they are.
Conveyancing clients are required to provide two forms of certified ID; proof of identity (typically a Passport or Driving Licence) and evidence of address (typically a Bank Statement less than 3 months old).
Confirmation of source of monies is also required in accordance with the money laundering statutes as solicitors have a duty to check that the funds you are utilising to purchase a property (be it the exchange deposit or the full purchase price if you are a cash purchaser) has come from an acceptable source (such as an inheritance) and is not the proceeds of criminal behaviour.
Do commercial conveyancing searches reveal proposed roadworks that could affect a commercial site in Hythe?
Many commercial conveyancing solicitors in Hythe will carry out a SiteSolutions Highways report as it reduces the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Hythe. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Hythe.
For each commercial conveyancing transaction in Hythe it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may result in delays to Hythe commercial conveyancing deals as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Hythe.
I am downsizing from my house. My past conveyancers has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Hythe if that affects matters.
You should use our search tool to help you find a solicitor for your conveyancing in Hythe. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes with a minimum of fuss.
Back In 2005, I bought a leasehold house in Hythe. Conveyancing and Britannia mortgage organised. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1996. The conveyancing practitioner in Hythe who previously acted has now retired. Any advice?
First make enquiries of HMLR to be sure that this person is indeed the new freeholder. You do not need to instruct a Hythe conveyancing practitioner to do this as it can be done on-line for a few pound. 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 invested in buying a 2 bed flat in Hythe, conveyancing having been completed half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Hythe with an extended lease are worth £260,000. The ground rent is £45 levied per year. The lease comes to an end on 21st October 2099
With 75 years unexpired we estimate the price of your lease extension to range between £8,600 and £9,800 plus legals.
The figure above a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first getting professional advice.
Should I be worried if there is a problem with the searches conducted as part of my conveyancing in Hythe?
Normally, most problems that arise in Hythe conveyancing search results can be handled in advance of completion or title insurance can be put in place. You should note that although you are buying the premises and might be content to accept the search results, your mortgage lender may not, and ultimately have the final decision.