The lawyer who assisted with my former purchase has given a fee estimate £1700 for no sale no fee conveyancing in Tidworth. I’m selling a Victorian property for £300,000. Are the quoted fees excessive? Is it above the norm for conveyancing in Tidworth?
The quote is fractionally on the high side. Where you are prepared to expend time contrasting quotes you might reduce the fees slightly by say a hundred pounds. On the other hand, you maylive to regret opting for an an untested conveyancer. Don't forget to enquire the conveyancer can represent your lender. Do make use of our search tool to locate a Tidworth conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Tidworth.
Do the conveyancing solicitors Indexed on your site handle auction conveyancing in Tidworth?
There are a few auction lawyers we can put you in touch with those specialising in auction conveyancing. Tidworth is just one of hundreds of areas of where our lawyers are based.
I purchased a freehold premises in Tidworth yet invoiced for rent, why is this and what is this?
It’s unusual for properties in Tidworth and has limited impact for conveyancing in Tidworth but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the generation of new rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 will be dispensed with completely.
Despite weeks of looking the Title Certificate and documents to my home are lost. The solicitors who did the conveyancing in Tidworth 10 years ago no longer exist. What do I do?
Assuming the title is registered the details of your ownership will be documented by the Land Registry under a Title Number. It is easy to carry out a search at the Land Registry, find your property and obtain up to date copies of the Registered Entries for less than a fiver. Where the title is Leasehold then the Land Registry will also normally hold a file duplicate of the Registered Lease and again, a copy can be retrieved for a small fee.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Tidworth is where the house is located. Can you offer any guidance?
Flying freeholds in Tidworth are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Tidworth you would need to get your solicitor to go through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Tidworth 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.
Can you offer any advice when it comes to choosing a Tidworth conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a property lawyer for your lease extension (regardless if they are a Tidworth conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of work. We advise that you speak with two or three firms including non Tidworth conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be useful:
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Can they put you in touch with clients in Tidworth who can give a testimonial? If they are not ALEP accredited then what is the reason?
I own a leasehold flat in Tidworth, conveyancing was carried out 9 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 properties in Tidworth with over 90 years remaining are worth £216,000. The ground rent is £50 invoiced annually. The lease finishes on 21st October 2094
With 69 years left to run the likely cost is going to be between £9,500 and £11,000 plus professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed 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 taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before seeking the advice of a professional.