I was referred a conveyancer who has given a fee calculation of £1700 for no sale no fee conveyancing in Iver. I’m hoping to sell a Victorian house for £250,000. Is this expensive? Is it above the norm for conveyancing in Iver?
The charges are a little high. If you shop around you might get the conveyancing a bit cheaper by say £100 plus VAT. That being said, you couldcome to rue choosing an an unknown lawyer. If is important to check that the firm can represent your lender. You can employ our comparison tool to get a quote a Iver conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Iver.
Our grandson is buying a newly built flat in Iver with a home loan from UBS. His solicitor has said that there is a delay in completing the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties involved in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the UBS conveyancing panel as a standard part of the process, and to the valuer when requested. The developer will be required to start the process by downloading the form and completing it. The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the UBS conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.
We wanted to use a property lawyer in Iver for our house purchase. Our broker informed us that our mortgage company Bank of Ireland won't deal with them. Why is this not regarded as unduly restrictive?
Pre- 2008 most mortgage companies had an appetite for risk which was higher than today. Almost all Iver conveyancing firms would have been on many bank panels. The FSA in 2010 carried out a thematic investigation into mortgage fraud which concluded: know the conveyancing solicitors dealt with. Consequently, mortgage companies are increasingly seeing more information from law firms relating to their operations and the individuals who work for them as well as establishing certain criteria such a completing on a minimum number of transactions. Many Iver conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Iver is one of the many areas where the solicitors we recommend are are approved Bank of Ireland.
I have been on the look out for a leasehold apartment up to £245,000 and identified one close by in Iver I like with a park and transport links in the vicinity, however it's only got 61 years unexpired on the lease. I can't really find anything else in Iver suitable, so just wondered if I would be making a mistake purchasing a short lease?
If you require a home loan the shortness of the lease may be an issue. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you may request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
I am looking to sell my house. My former conveyancers closed down. It would be helpful to have a recommendation of a conveyancing firm. Im based in Iver if that makes a difference.
Do use our search tool to help you choose a solicitor for your conveyancing in Iver. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
If all goes to plan we aim to complete our sale of a £475,000 maisonette in Iver in just under a week. The freeholder has quoted £372 for Landlord’s certificate, insurance certificate and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Iver?
Iver conveyancing on leasehold flats more often than not requires the buyer’s solicitor sending questions for the landlord to address. Although the landlord is under no legal obligation to answer such questions most will be content to do so. They may levy a reasonable administration fee for answering questions or supplying documentation. There is no set fee. The average costs for the paperwork that you are referring to is over three hundred pounds, in some transactions it exceeds £800. The management information fee invoiced by the landlord must be accompanied by a synopsis of entitlements and obligations in relation to administration charges, without which the charge is technically not due. Reality however dictates that one has little choice but to pay whatever is requested of you if you want to exchange contracts with the buyer.
I am the registered owner of a basement flat in Iver. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the sum due for the purchase of the freehold?
You certainly can. We can put you in touch with a Iver conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Iver residence is 164 Nestles Avenue in October 2013. The tribunal agreed with the proposed price of £20,158 for the freehold and determined that that sum is the amount to be paid into court This case related to 2 flats. The unexpired term was 69 years.