We were about to instruct a conveyancing solicitor in Lancaster endorsed using your comparison tool but have come across alternative costs illustrations on the internet look less pricey – why is this?
There are lots of solicitors offering at first sight what seems to be cut price. Our advice is to think long and hard about how important this transaction is to you that want to take 'cheap' risks in relation to the quality of the legal work. Many of them highlight a low fee to grab your attention but hide extra charges in the small print..
I have given 8 weeks notice to my existing landlord and have to leave my rented flat in Lancaster by 28/2/2025. Conveyancing for my house purchase is progressing. Is it possible to complete in 4 weeks as I wish to avoid having to move into short term accommodation?
It is unwise to give notice for your letting unless your lawyer suggests that you should. Assuming that you have not already done so, contact to your solicitor and request that they cajole the other side, try to an agreed time frame that everyone will work towards
Having sold my house in Lancaster last March but the buyer keeps SMS messaging every few hours to say their conveyancer needs to hear from mysolicitor. What should have happened following completion?
Following your house sale your solicitor should deliver the transfer deeds and all additional paperwork to the purchaser's lawyers. Where relevant, your conveyancer should also confirm that the mortgage has been redeemed to the purchasers solicitors. There are no post completion procedures specific conveyancing in Lancaster.
Forgive me if this question is silly but I am wet behind the ears as FTB of a ground floor flat in Lancaster. Do I collect the keys to the premises on the completion date from my conveyancer? If so, I will find a local conveyancing solicitor in Lancaster?
On the day of completion you will not be required to go to the conveyancers office in Lancaster. Conveyancing lawyers for you will transfer the purchase money to the vendor’s solicitors, and once they have received this, you should be invited to collect the keys from the Estate Agents and start moving into the property. This tends to happen early afternoon.
How can we tell if a Lancaster conveyancing solicitor on the Leeds Building Society panel is any good?
When it comes to conveyancing in Lancaster obtaining recommendations is a good start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the lawyer carrying out your transaction.
Last month we had a mortgage agreed in principle with Nationwide. Lancaster conveyancing practitioners are appointed. How long does it take for Nationwide to issue the offer to the conveyancer?
There is no definitive answer here. Have Nationwide completed the valuation? Have you advised Nationwide as to your lawyers' details and checked that your lawyers are on the Nationwide conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
Yesterday I discovered that there is a flying freehold issue on a property I put an offer in a fortnight ago in what was supposed to be a quick, no chain conveyancing. Lancaster is where the house is located. What do you suggest?
Flying freeholds in Lancaster are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Lancaster you would need to get your solicitor to go through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lancaster may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I today plan to offer on a house that appears to tick a lot of boxes, at a reasonable price which is making it all the more appealing. I have subsequently found out that the title is leasehold rather than freehold. I would have thought that there are particular concerns purchasing a leasehold house in Lancaster. Conveyancing advisers have are about to be appointed. Will they explain the issues?
The majority of houses in Lancaster are freehold and not leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can help the conveyancing process. it is apparent that you are purchasing in Lancaster in which case you should be shopping around for a Lancaster conveyancing solicitor and be sure that they have experience in advising on leasehold houses. As a matter of priority you will need to check the number of years remaining. As a lessee you will not be entirely free to do whatever you want to the property. The lease will likely included provisions for example obtaining the landlord’sconsent to carry out alterations. You may also be required to pay a contribution towards the upkeep of the estate where the house is part of an estate. Your conveyancer should report to you on the legal implications.
I am the registered owner of a 1 bedroom flat in Lancaster, conveyancing having been completed half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Lancaster with a long lease are worth £265,000. The average or mid-range amount of ground rent is £50 invoiced every year. The lease ceases on 21st October 2101
With 76 years remaining on your lease the likely cost is going to be between £8,600 and £9,800 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed due diligence. You should not use the figures in tribunal or court proceedings. There may be other concerns 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 before getting professional advice.