I was referred a lawyer who has given a fee calculation of £1400 for no completion no fee conveyancing in Rye. I’m selling a Georgian detached home for £150,000. Are these conveyancing fees excessive? Is it above the norm for conveyancing in Rye?
The charges are a little high. Where you are happy to expend time contrasting quotes you might decrease the fees marginally by perhaps £100 plus VAT. That being said, you couldlive to rue opting for an an untested conveyancer. Don't forget to be sure the solicitor can also act for your bank. You can employ our comparison tool to locate a Rye conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Rye.
My wife and I purchasing a 4 bedroom semi-detached house in Rye. We would like to carry out a loft conversion at the property.Will the conveyancing process include enquiries to see if these works are allowed?
Your conveyancer should review the deeds as conveyancing in Rye can sometimes identify restrictions in the title deeds which restrict categories of alterations or necessitated the consent of another owner. Certain works call for local authority planning permissions and approval under the building regulations. Some locations are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be prudent to check these things with a surveyor prior to committing yourself to a purchase.
I happen to be the only beneficiary of my late father’s estate with all property in now in my sole name, including the my former home in Rye. Conveyancing formalities meant that the Land Registry date was in August. I now wish to sell up. I do know about the CML six month 'rule', meaning my property ownership will be considered the same way as though I had purchased the house in August. Is the property unsalable for six months?
The Council of Mortgage Lenders’ handbook mandates conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be affected by that. many mortgage companies would take a practical view as this obligation is primarily there to identify subsales or the quick reselling of properties.
We had appointed conveyancing lawyers with offices in Rye on the Barclays solicitor panel. They are now charging me a further sum for handling the Barclays mortgage. Is this an additional conveyancing fee specified by Barclays?
As unfair as it may appear, as long as it’s in their Terms and Conditions or Quote then yes your solicitor is entitled to levy a fee for this. This charge is not set by Barclays but by your Rye lawyer. Plenty of firms on the Barclays panel will quote an ‘acting for lender’ fee and others do not.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Rye. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Rye
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Forfeiture - bankruptcy or liquidation must not apply under this provision. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Is it best to instruct a Rye conveyancing solicitor based in the area that I am hoping to buy? I have an old university friend who can execute the legal work but his firm is located 300kilometers drive away.
The primary upside of using a high street Rye conveyancing firm is that you can visit the firm to sign paperwork, hand in your identification documents and pester them if necessary. They will also have local intelligence which is a benefit. That being said it's more important to get someone that will pull out all the stops for you. If you know people who instructed your friend and in the main were impressed that must surpass using an unfamiliar Rye conveyancing lawyer just because they are based in the area.
I am on look out for some leasehold conveyancing in Rye. Before I get started I require certainty as to the remaining lease term.
If the lease is recorded at the land registry - and most are in Rye - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I inherited a split level flat in Rye, conveyancing having been completed December 2009. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Rye with over 90 years remaining are worth £260,000. The average or mid-range amount of ground rent is £45 levied per year. The lease terminates on 21st October 2094
With just 74 years left to run we estimate the price of your lease extension to range between £8,600 and £9,800 as well as professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.
I happen to be an executor of my recently deceased mother’s Will, with a house in Rye which will be sold. The bungalow has never been registered at the Land Registry and I'm told that some purchasers will insist that it is done before they will move forward. What's the mechanism for this?
In the circumstances that you have set out it seems advisable to apply to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. HMLR’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and official copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.