AssumingI was to buy a freehold homein Kirkby for cash and dispense with a survey and no conveyancing searches how much could I expect to have to pay for conveyancing in Kirkby?
The only reduction in fees you would achieve is the disbursement for searches. Your property lawyer is obliged to do the vast majority of work - money laundering, correspond with your sellers property lawyer, stamp duty submission, register the title etc. You might save a bit for them not needing to register a charge however it will not be significant.
I am aiming to move house in February. Should my conveyancing solicitor update the removal company on the day of completion. As an aside, can you put forward a removal company in Kirkby. Conveyancing firm was organised prior to coming across your website.
On the afternoon of completion you will need to pick up the house keys from the property agent however this should only take place once the previous owners solicitors confirm to the agent that the monies to complete are in and the keys can be handed over. Subsequently you should tell the removal company that you are ready to move in. We are not in a position to suggest a particular removal company but can help you locate a conveyancing in Kirkby or a lawyer with expertise in conveyancing in Kirkby.
After weeks of negotiation I have agreed a price on a house in Kirkby. My mortgage broker suggested a lawyer. I paid an upfront payment of £225. Not long after, the conveyancing practitioner called me embarrassingly acknowledging that they were not on the Aldermore conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the Aldermore panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
About to purchase maisonette in Kirkby. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Barclays conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Kirkby property lawyer is on the Barclays conveyancing panel.
I am purchasing a new build house in Kirkby benefiting from help to buy. The builders would not budge the price so I negotiated £7000 of extras instead. The house builders rep told me not inform my lawyer about this extras as it would affect my loan with the bank. 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.
My company is wishing to take an assignment of a lease of a shop on the high street. Can you recommend solicitors offering no-sale-no costs for non-domestic conveyancing in Kirkby for below 1500k?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Kirkby, including the sale and purchase of businesses as well as simply premises. If you are looking to purchase or lease a shop, pub, restaurant, office, retail unit or a complete business we can find you the right solicitor. As for the costs these will vary based on the structure and complexity of the proposed transaction. Please provide us with your details or email us so that we may supply you with a fixed commercial conveyancing calculation.
My wife and I purchased a leasehold flat in Kirkby. Conveyancing and The Mortgage Works mortgage went though with no issue. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1994. The conveyancing practitioner in Kirkby who previously acted has now retired. What should I do?
The first thing you should do is contact the Land Registry to make sure that the individual purporting to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to incur the fees of a Kirkby conveyancing solicitor to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I purchased a 1st floor flat in Kirkby, conveyancing was carried out April 1995. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Kirkby with an extended lease are worth £211,000. The ground rent is £50 invoiced annually. The lease expires on 21st October 2093
With only 68 years remaining on your lease we estimate the premium for your lease extension to range between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.
At what stage do I incur the Stamp Duty Land Tax due for my house transaction in Kirkby?
The conveyancing practitioner will complete a stamp duty return on your behalf as part of your Kirkby conveyancing transaction for you to sign. On completion your lawyer will submit the Land Transaction Return Form to the Tax Authorities and - assuming they have the funds - settle any tax bill liability for you.