My previous solicitor has given a fee estimate £1350 for no move no fee conveyancing in Wythenshawe. I am hoping to sell a Victorian detached home for £125,000. Is this over the top? Is it in excess of what I should be paying for conveyancing in Wythenshawe?
The estimate does seem marginally overpriced. If you shop around you might decrease the fees marginally by as much as a hundred pounds. That being said, you maylive to regret opting for an an untested lawyer. Don't forget to ensure that the solicitor can also act for your mortgage company. Do utilise our comparison tool to select a Wythenshawe conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Wythenshawe.
I am the registered owner of a freehold property in Wythenshawe but nevertheless charged rent, why is this and what is this?
It’s unusual for properties in Wythenshawe and has limited impact for conveyancing in Wythenshawe 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 date back many centuries, but the Rent Charge Act 1977 barred the establishment of new rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a lump sum payment under the Act. Any rentcharges that are still in existence in 2037 is to be dispensed with completely.
What will a local search reveal concerning the property we're purchasing in Wythenshawe?
Wythenshawe conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search company for instance Xpress Legal The local search is essential in every Wythenshawe conveyancing purchase; as long as you don’t want any unpleasant surprises after you move into your new home. The search will provide data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic areas.
3 months have gone by since my purchase conveyancing in Wythenshawe took place. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the residence from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I opted to have a survey completed on a property in Wythenshawe before retaining lawyers. I have been informed that there is a flying freehold aspect to the property. My surveyor advised that some banks may refuse to issue a mortgage on this type of property.
It depends who your proposed lender is. Lloyds has different instructions for example to Nationwide. If you contact us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Wythenshawe. Conveyancing may be slightly more expensive based on your lender's requirements.
We are 14 days into a residential purchase having been referred to a firm by the selling agent to execute conveyancing in Wythenshawe. I am am starting to be frustrated with the quality of service. Could you help me find new conveyancers?
They would have to be very bad to suggest changing them. Has your loan offer been sent? In the event that it has you must advise them of the replacement conveyancer and get the loan are re-issued. Your new conveyancer needs to be on the banks panel to avoid supplemental expenses and complications. So that should be your starting point. Our search tool should help you find a lender approved conveyancer for your home move in Wythenshawe