My friend's dad is a property lawyer. I suspect that I can be offered friends and family rates for conveyancing, but if not, what level of figure should I be paying for conveyancing in Thurston?
It’s a good idea to seek multiple conveyancing estimates. Do use our comparison tool on this site. You will notice that fees seem to be different but the service one can expect differ between property lawyers as is the case with most professions.
I am buying a newly constructed apartment in Thurston and my conveyancer is telling me that she has to the bank to disclose incentives from the seller. The Estate Agents are hassling me to exchange contracts and my preference is not to prolong deal. is my lawyer playing by the book?
You should not exchange unless you have been advised to do so by your conveyancing practitioner. A precondition to being on a lender panel is to comply with the UK Finance Lenders’ Handbook requirements. The CML Conveyancing Handbook requires that your lawyer have the appropriate Disclosure of Incentive form completed by the developer and accepted by your lender.
My partner and I are intent on selling our house in Thurston and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. A local lawyer would know this is not the case. It does beg the question why the purchasers used a national conveyancing firm rather than a conveyancing solicitor in Thurston. We have lived in Thurston for 5 years we know that this is a non issue. Do we contact our local Authority to get clarification that the buyers are looking for.
It sounds as though you may have a conveyancing solicitor already. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Yesterday I discovered that there is a flying freehold element on a property I have offered on two weeks back in what should have been a simple, no chain conveyancing. Thurston is the location of the property. What do you suggest?
Flying freeholds in Thurston are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Thurston 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 Thurston 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 residence.
Taking into account that I will soon spend hundreds of thousands of pounds on a garden flat in Thurston I would like to have a conversation with the lawyer regarding theconveyancing in advance of giving the go ahead to the firm. Can this be arranged?
This is something that we encourage - we would be happy to talk to you we do not take any clients on without you liaising with the conveyancer due to be conducting your property ownership legalities in Thurston.There is no ‘factory style conveyancing’ - each client is an important individual, not a file number. The practices that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Thurston should be the amount on the final invoice that you are charged.
I have just started marketing my garden flat in Thurston. Conveyancing lawyers have not yet been instructed, however I have recently had a half-yearly service charge invoice – what should I do?
It best that you pay the maintenance contribution as you normally would as all ground rent and service payments should be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
Thurston Leasehold Conveyancing - Sample of Queries Prior to Purchasing
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Is there a share of the freehold? Be sure to find out if there are any onerous restrictions in the lease. For example it is reasonably common in Thurston leases that pets are not allowed in certain buildings in Thurston. If you like the apartmentin Thurston however your dog is not allowed to move with you then you have a very hard choice. For most Thurston leaseholds the cost for major works tend not to be incorporated into the maintenance charges, although a few managing agents in Thurston ask leaseholders to contribute towards a reserve fund created for the specific intention of building a fund for major works.