Our family lawyer has sent a quote for £1700 for fixed fee conveyancing in Timperley. I am looking to sell a Edwardian detached home for £300,000. Are these conveyancing fees excessive? Is it above what I should be paying for conveyancing in Timperley?
The charges are a bit high. If you are happy to invest time contrasting quotes you might decrease the fees slightly by say a hundred pounds. On the other hand, you maylive to regret choosing an an untested solicitor. Remember to ensure that the firm can act for your mortgage company. You can make use of our comparison tool to select a Timperley conveyancing practice on the banks member panel which can often include conveyancing solicitors in Timperley.
Why is leasehold purchase conveyancing in Timperley is more expensive?
In summary, leasehold conveyancing in Timperley and elsewhere usually involve more work compared to freehold conveyancing. This includes lease investigation, communicating with the landlord about the service of appropriate notices, obtaining up-to-date service charge and management information, procuring the landlord’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.
We wanted to use a property lawyer in Timperley for our house move. Our financial adviser informed us that our mortgage lenders Barclays won't deal with them. Surely this is unduly restrictive?
A decade ago most banks had a different appetite for risk. Almost all Timperley conveyancing firms would have been on many bank panels. The FSA in 2010 conducted a thematic investigation into mortgage fraud which concluded: know the conveyancing solicitors dealt with. Consequently, mortgage companies have regularly sought more information from law firms relating to their operations and their employees as well as establishing certain criteria such a completing on a minimum number of conveyancing. Many Timperley conveyancing firms that have been excluded from lender panels have Unblemished track record, no complaints and no claims and didn't just 'dabble' in conveyancing. Timperley is amongst the thousands of areas where the solicitors we recommend are are approved Barclays .
My wife and I buying a victorian detached house in Timperley. The intention is to carry out an extension to the side at the property.Will legal work on the property include investigations to ascertain if these alterations were previously refused?
Your property lawyer should check the deeds as conveyancing in Timperley can sometimes identify restrictions in the title documents which prevent categories of changes or need the permission of a 3rd party. Certain extensions need local authority planning consent and approval in accordance building regulations. Some areas are designated conservation areas and special planning restrictions apply which frequently prevent or affect extensions. It would be sensible to check these issues with a surveyor before you commit yourself to a purchase.
I can not work out if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Timperley bank branch on various occasions and was told they are content with the situation and they would lend. My Timperley conveyancing solicitor - who is on the mortgage company conveyancing panel- called and was told they refuse to lend in accordance with their published requirements. I simply don't know who is right.
Your lawyer has to comply with the Council of Mortgage Lenders’ Handbook Part 2 conditions for your bank. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years left on the lease.
I had an offer accepted on a property in Timperley on 28/8/2025, valuation was booked 4 days later, all came back fine. Conveyancer retained, so all that was missing was my mortgage offer. Having made daily calls to Nationwide and chasing them on my offer, I have now been told that my offer will not be issued unless the lawyer is on the Nationwide conveyancing panel. Can the lender hold off the offer?
Mortgage companies tend not to not issue an offer until they have details of a lawyer on their panel. It can take a few weeks for Nationwide to deal with your lawyer's application to be on the Nationwide conveyancing panel. There's no guarantee that your solicitor will be accepted.
I have been sourcing a conveyancing practitioner in Timperley for my home move. Is it possible to review a firm’s record with the legal regulator?
One may see published Solicitor Regulator Association (SRA) decisions arising from inquisitions started on or after 1 January 2008. Visit Check a solicitor's record. For records Pre 2008, or to check a solicitors history, call 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. International callers, dial +44 (0)121 329 6800. The SRA may monitor telephone calls for training purposes.
Can you provide any top tips for leasehold conveyancing in Timperley with the aim of expediting the sale process?
- Much of the delay in leasehold conveyancing in Timperley can be bypassed if you get in touch lawyers the minute you market your property and request that they start to collate the leasehold information needed by the purchasers’ conveyancers. You believe that you know the number of years left on your lease but it would be advisable verify this by asking your solicitors. A purchaser's lawyer will be unlikely to recommend their client to to exchange contracts if the lease term is below 75 years. In the circumstances it is important at an early stage that you identify whether the lease requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale. The majority of freeholders or Management Companies in Timperley levy fees for providing management packs for a leasehold home. You or your lawyers should discover the actual amount of the charges. The management information sought on or before finding a buyer, thus accelerating the process. The average time it takes to receive management information is three weeks. It is the most usual cause of frustration in leasehold conveyancing in Timperley. If you have carried out any alterations to the premises would they have required Landlord’s consent? Have you, for example installed wooden flooring? Most leases in Timperley state that internal structural changes or laying down wooden flooring calls for a licence issued by the Landlord consenting to such changes. If you dont have the paperwork to hand you should not communicate with the landlord without contacting your conveyancer in advance. If you have had conflict with your landlord or managing agents it is essential that these are settled before the property is marketed. The purchasers and their solicitors will be nervous about purchasing a flat where there is a current dispute. You will have to accept that you will have to pay any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You will still have to reveal particulars of the dispute to the buyers, but it is better to reveal the dispute as over rather than unresolved.
Timperley Conveyancing for Leasehold Flats - Sample of Questions you should consider Prior to buying
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Many Timperley leasehold flats will have a service bill for maintenance of the building levied on behalf of the freeholder. Should you buy the flat you will have to meet this charge, normally quarterly throughout the year. This can vary from a couple of hundred pounds to thousands of pounds for blocks with lifts and large common grounds. There will also be a rentcharge to be met annual, this is usually not a significant amount, say approximately £25-£75 but you should to check it because occasionally it could be many hundreds of pounds. It would be prudent to discover as much as you can regarding the managing agents as they will affect your use and enjoyment of the property. As the owner of a leasehold property you are frequently at the mercy of the managing agents both financially and when it comes to daily issues like the tidiness of the common parts. Enquire of other tenants if they are happy with them. Finally, be sure you discover the dates that the maintenance charges are due to the relevant party and precisely how they are spending the funds. How is the lease structured?