My family lawyer has sent a quote for £1350 for no move no fee conveyancing in Knutsford. I’m hoping to downsize from a purpose built house for £225,000. Is this over the top? Is it above the norm for conveyancing in Knutsford?
The quote is fractionally on the steep side. If you are willing to spend time comparing fee on a like for like basis you could get the conveyancing a bit cheaper by as much as £100 plus VAT. That being said, you couldlive to regret opting for an a cheaper lawyer. Don't forget to be sure that the firm can act for your lender. Do utilise our search tool to find a Knutsford conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Knutsford.
It is a dozen years since I acquired my home in Knutsford. Conveyancing solicitors have now been appointed on the sale but I can't find the title deeds. Will this jeopardise the sale?
You need not be too concerned. Firstly there is a possibility that the deeds will be with the mortgage company or they could be in the possession of the solicitor who handled your purchase. Secondly the chances are that the property will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors acquiring current official copies of the land registers. Most conveyancing in Knutsford involves registered property but in the rare situation where your home is not registered it is more problematic but is not insurmountable.
Having spent time reading consumer advice sites for a cheap solicitor in Knutsford, most post that I should look for a CQS kitemarked solicitor. What is CQS?
The Conveyancing Quality Scheme (CQS) provides a kitemark for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * adherence to best practice conveyancing procedures via the scheme protocol Membership covers numerous firms who execute conveyancing in Knutsford.
Have purchased a a terraced house in Knutsford , how long will it take for the Land Registry to register my ownership? My Knutsford conveyancing solicitor has been very slow, so I want to be certain that my purchase is registered.
As far as conveyancing in Knutsford is concerned, registration is no faster or slower than the rest of England and Wales. Rather than based on location, timescales can adjust subject to the party submitting the application, whether there are errors and if the Land registry must send notices to any 3rd persons or bodies. Currently in the region of 80% of submission are fully dealt with in less than three weeks but occasionally there can be extensive delays. Registration occurs after the buyer is living at the premises therefore an expedited registration is not always primary concern yet where there is a degree of urgency associated with the registration then you or your solicitor must contact the land registry and explain the circumstances.
Can you provide any top tips for leasehold conveyancing in Knutsford from the point of view of speeding up the sale process?
- Much of the delay in leasehold conveyancing in Knutsford can be bypassed if you instruct lawyers the minute you market your property and ask them to collate the leasehold documentation needed by the buyers’ representatives. If you have carried out any alterations to the premises would they have required Landlord’s permission? In particular have you installed wooden flooring? Most leases in Knutsford state that internal structural alterations or laying down wooden flooring calls for a licence from the Landlord consenting to such changes. If you dont have the consents to hand do not communicate with the landlord without contacting your solicitor in advance. If you have had any disputes with your landlord or managing agents it is essential that these are resolved prior to the flat being marketed. The buyers and their solicitors will be reluctant to purchase a flat where there is a current dispute. You will have to accept that you will have to discharge any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You will still have to reveal details of the dispute to the purchasers, but it is clearly preferable to present the dispute as historic rather than unresolved. You may think that you are aware of the number of years left on your lease but it would be advisable double-check by asking your conveyancers. A purchaser's lawyer will not be happy to advise their client to proceed with the purchase of a leasehold property the remaining number of years is less than 80 years. In the circumstances it is essential at an as soon as possible that you identify whether the lease term requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale.
Knutsford Conveyancing for Leasehold Flats - A selection of Questions you should consider Prior to buying
How many of the leaseholders are in arrears for their service charge payments? The best form of lease arrangement is a share of the freehold. In this situation the tenants benefit from being in charge if their destiny and notwithstanding that a managing agent is often retained if it is bigger than a house conversion, the managing agent is directed by the tenants. Is anyone aware of any major works in the near future that could add a premium to the maintenance fees?
I pay a maintenance fee for my flat in Knutsford. Due to redundancy and personal issues I fell behind with payments. I negotiated a payment schedule but there is still about £2000 outstanding as of today.
I now wish to sell and I am concerned this could threaten to derail the sale if I have to settle the arrears now. I'd like to sell up and subsequently discharge the debt from the proceeds - is this viable?
You should check with the property lawyer handling your Knutsford conveyancing but it may be possible to arrange for the arrears to be attributed to the purchasers. The contractual price payable would be adjusted to reflect the amount of debt they assume. They would then pay the outstanding monies post completion of the sale.