I was recommended to a conveyancer who has sent a quote for £1150 for leasehold conveyancing in West Thurrock. I am selling a Victorian house for £275,000. Is this expensive? Is it in excess of what I should be paying for conveyancing in West Thurrock?
The charges are a bit high. If you are happy to spend time comparing fee on a like for like basis you could decrease the fees marginally by perhaps a hundred pounds. That being said, you maycome to rue choosing an an untested lawyer. Don't forget to be sure the solicitor can act for your lender. You can utilise our search tool to get a quote a West Thurrock conveyancing company on the lender’s member panel which can often include conveyancing solicitors in West Thurrock.
My friend recommended that where I am purchasing in West Thurrock I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally quoted for as part of the standard West Thurrock conveyancing searches. It is not a small document of more than thirty pages, listing and setting out significant information about West Thurrock around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, West Thurrock Education with maps and statistics, Local Amenities and other useful information regarding West Thurrock.
I'm buying my first flat in West Thurrock with a loan from Norwich and Peterborough Building Society. The builders refused to reduce the amount so I negotiated five thousand pounds worth of extras instead. The estate agent suggested that I not reveal to my solicitor about the side-deal as it could affect my loan with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I have been on the look out for a leasehold apartment up to £245,000 and identified one round the corner in West Thurrock I like with open areas and transport links in the vicinity, however it only has 61 years on the lease. I can't really find anything else in West Thurrock for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a home loan that many years will be an issue. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you can request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
My business partner and I are intending to lease a unit on a shopping parade. Can you recommend lawyers offering no-sale-no charges for commercial conveyancing in West Thurrock for less than £2000?
We can recommend firms who have specialist knowledge of commercial conveyancing in West Thurrock, including the disposal and acquisition of businesses as well as simply property. If you are looking to acquire or lease a shop, pub, restaurant, office, retail unit or a complete business we will find you the right lawyer. Regarding the fees this will depend on the structure and nuances of the deal. Please provide us with your details or phone us so that we can furnish you with a fixed commercial conveyancing quote.
My partner is buying a ground floor flat in West Thurrock. He was given a quote by the lawyer connected to the selling agents and it came to £1300 . It was ten years ago I sold and purchased a house and the bill was £495. Have costs really escalated to that extent?
We would recommend that you call 3 or 4 local West Thurrock conveyancing solicitors seeking prices. You should base your decision not only on cost, but on promptness and on how comprehensive the reply was.