Just been in touch with my conveyancing lawyer in Snodland who conducted the legals 18 months ago asking for a conveyancing quote based on the same type of home move (a leasehold property and a freehold property) of almost identical values with a mortgage from Nationwide Building Society. I am now being quoted double. Am I right to be tempted to shop around for a cheaper internet property lawyer?
The quote is fractionally on the high side. If you you were to look around you may be able to reduce the fees slightly by as much as a hundred pounds. That being said, providing that you were satisfied with the assistance the firm gave you mightlive to regret choosing an a cheaper solicitor. If is important to enquire that the firm can represent Nationwide Building Society. Do use our search tool to find a Snodland conveyancing firm on the Nationwide Building Society member panel, which can often include conveyancing solicitors in Snodland.
I had intended to instruct a property lawyer in Snodland for our house move. Our broker informed us that our mortgage company Platform Home Loans Ltd won't deal with them. Surely this is unfair competition?
Banks tend to imposes restrictions either the category or the volume of conveyancing solicitors on their approved list of lawyers. Typical examples of such restriction(s) being that a law practice must have two or more partners. In addition to restricting the type of firm, some have decided to limit the amount of firms they permit to represent them. Be aware that Platform Home Loans Ltd have no responsibility for the quality of advice provided by any member of Platform Home Loans Ltd Conveyancer Panel. Mortgage fraud was a key driver in the reduction of solicitor panels since 2008 even though there are mixed opinions concerning the extent of solicitor engagement in some of that fraud. Statistics from the Land Registry indicate that plenty of law firms, including some in or near Snodland only execute one or two conveyances a year.
Despite weeks of looking the Title Certificate and documents to our house can not be found. The lawyers who did the conveyancing in Snodland 4 years ago have long since closed. What do I do?
In today’s world there are copies made of almost everything, and your solicitor should know precisely where to look for all the suitable documentation so you can purchase or dispose of your property without a hitch. Where duplicates are not available, your solicitor may be able to arrange cover in the form of insurance or indemnities against possible claims on your premises.
I am looking for a ground for flat up to £195,000 and identified one near me in Snodland I like with a park and station nearby, however it's only got 61 years unexpired on the lease. I can't really find anything else in Snodland for this price, so just wondered if I would be making a grave error acquiring a short lease?
If you need a mortgage that many years will likely be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing owner has owned the property for a minimum of 2 years you can ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
I need to appoint a conveyancing solicitor for some conveyancing in Snodland. I happened to stumble across a web site which looks to be the ideal offering If it is possible to get all the legals completed via email that would be ideal. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Frank (my husband) and I may need to let out our Snodland ground floor flat temporarily due to taking a sabbatical. We used a Snodland conveyancing practice in 2004 but they have since shut and we did not have the foresight to seek any advice as to whether the lease prohibits the subletting of the flat. How do we find out?
A lease dictates relations between the landlord and you the flat owner; in particular, it will say if subletting is prohibited, or permitted but only subject to certain caveats. The rule is that if the lease contains no specific ban or restriction, subletting is permitted. Most leases in Snodland do not prevent strict prohibition on subletting – such a provision would undoubtedly devalue the flat. Instead, there is usually simply a requirement that the owner notifies the freeholder, possibly supplying a duplicate of the sublease.
I purchased a ground floor flat in Snodland, conveyancing having been completed 3 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding flats in Snodland with over 90 years remaining are worth £180,000. The ground rent is £65 charged once a year. The lease ceases on 21st October 2082
With only 58 years left to run the likely cost is going to be between £22,800 and £26,400 plus legals.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues 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 seeking the advice of a professional.