Recently contacted my conveyancing lawyer in Sudbury who conducted the legals 18 months ago asking for a conveyancing quote based on an identical type of house move (a leasehold residence and a freehold premises) of almost identical values with a home loan from Yorkshire Building Society. It looks as though am now being quoted twice the amount. Stick with what I know or do I seek out a cheaper online firm of conveyancing solicitor?
The estimate fees seem a tad high. Where you are happy to spend time comparing costs you may be able to reduce the fees slightly by as much as £125. On the other hand, assuming were content with the assistance the firm gave you couldlive to rue opting for an an unknown lawyer. Remember to be sure that the firm can act for Yorkshire Building Society. You can employ our search tool to find a Sudbury conveyancing firm on the Yorkshire Building Society member panel, which can often include conveyancing solicitors in Sudbury.
We are selling our house in Sudbury. Does my property lawyer need to be required to be on the UBS conveyancing panel in order to deal with the discharge of my mortgage?
Ordinarily, even if your lawyer is not on the UBS conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their specifications fairly frequently currently.
I require fast conveyancing in Sudbury as I have a deadline to sign on the dotted line inside one month. A mortgage is not required. Can I decline from having conveyancing searches to save money and time?
As you are are a mortgage free buyer you are at free not to do searches although no law firm would suggest that you don't. With lots of history conveyancing in Sudbury the following are instances of issues that can arise and therefore affect the marketability of the property: Refused Planning Applications, Overdue Fees, Outstanding Grants, Unadopted Roads,...
About to purchase a new build apartment in Sudbury. 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 legal work.
Set out below are examples of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Sudbury
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If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please confirm the Lease plans are surveyor prepared. 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?
I've recently found out that there is a flying freehold element on a house I have offered on two weeks back in what was supposed to be a straight forward, chain free conveyancing. Sudbury is where the house is located. Can you shed any light on this issue?
Flying freeholds in Sudbury are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Sudbury you would need to get your solicitor to go through the deeds very carefully. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Sudbury may determine 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 premises.
My wife and I purchased a leasehold flat in Sudbury. Conveyancing and Aldermore mortgage are in place. I have received a letter from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1993. The conveyancing solicitor in Sudbury who acted for me is not around. Do I pay?
The first thing you should do is make enquiries of the Land Registry to be sure that the individual purporting to own the freehold is in fact the registered owner of the freehold reversion. You do not need to instruct a Sudbury conveyancing firm to do this as you can do this on the Land Registry website for £3. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
After months of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Sudbury. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most definitely. We can put you in touch with a Sudbury conveyancing firm who can help.
An example of a Lease Extension case for a Sudbury residence is Ground Floor Flat 79 London Road in September 2012. the Tribunal held that the premium payable for the lease extension should be £7,636 This case was in relation to 1 flat. The remaining number of years on the lease was 74 years.