Our family solicitor has given a fee calculation of £1200 for fixed fee conveyancing in Tickton. I’m looking to sell a Georgian property for £175,000. Are the quoted fees excessive? Is it above the norm for conveyancing in Tickton?
The costs illustration is fractionally on the high side. If you are content to spend time scrutinising fee on a like for like basis you may be able to shave off some of the expense by say £100 plus VAT. That being said, you maycome to regret choosing an an untested lawyer. If is important to ensure that the conveyancer can act for your mortgage company. You can utilise our comparison tool to locate a Tickton conveyancing firm on the lender’s approved list of lawyers which can often include conveyancing solicitors in Tickton.
In what way does my ID and proof of funds have anything to do with my conveyancing in Tickton? What am I being asked for?
It is indeed that case that these requests have nothing to do with conveyancing in Tickton. However these days you will not be able to complete any conveyancing deal without first providing proof of your identity. This usually takes the form of a either your passport or driving licence as well as a council tax bill. Remember if you are supplying your driving licence as evidence of identification it needs to be both the paper element and photo card part, one is not acceptable in the absence of the other.
Verification of your origin of money is required under Money Laundering Regulations. Don’t be offended when you are asked to produce this as your conveyancer must retain this information on file. Your Tickton conveyancing practitioner will require evidence of proof of funds prior to accepting any monies from you into their client account and they should also ask additional questions regarding the origin of funds.
Just had an offer accepted on a new build apartment in Tickton. Conveyancing is necessary evil 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 is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Tickton
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. 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. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
Taking into account that I will soon spend hundreds of thousands of pounds on 3 bedroom house in Tickton I would like to have a conversation with the conveyancer regarding thehouse move prior to instructing the firm. Can this be arranged?
We could not agree more - it is our preference to talk to you we do not take any clients on without you first talking to the solicitor due to be doing your conveyancing in Tickton.There is no ‘factory style conveyancing’ - each client is unique person, not a matter reference. The solicitors that we put you in touch with believe that the fees you are provided with for your conveyancing in Tickton should be the amount on the final invoice that you are charged.
I am looking for a conveyancing solicitor in Tickton for my home move. Is there any facility to check a solicitor's record with the profession’s regulator?
You may search for presented Solicitor Regulator Association (SRA) determinations resulting from investigations from 2008 onwards. Go to Check a solicitor's record. For details about the period before 1 January 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The SRA may monitor telephone calls for training requirements.
Completion is due on the disposal of our £375,000 garden flat in Tickton on Wednesday in a week. The freeholder has quoted £384 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Tickton?
Tickton conveyancing on leasehold apartments usually requires the buyer’s lawyer submitting enquiries for the landlord to address. Although the landlord is under no legal obligation to address these enquiries the majority will be willing to assist. They are at liberty to charge a reasonable charge for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average costs for the paperwork that you are referring to is over three hundred pounds, in some cases it is above £800. The administration charge required by the landlord must be sent together with a summary of entitlements and obligations in relation to administration charges, otherwise the charge is technically not due. Reality however dictates that you have no option but to pay whatever is demanded should you wish to exchange contracts with the buyer.
I acquired a garden flat in Tickton, conveyancing having been completed in 1996. 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 properties in Tickton with an extended lease are worth £265,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease finishes on 21st October 2096
With 75 years unexpired we estimate the price of your lease extension to range between £8,600 and £9,800 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed due diligence. Do not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.