Our family solicitor has given a fee estimate £1350 for freehold conveyancing in Solihull. I’m looking to sell a Edwardian property for £125,000. Are these estimated fees excessive? Is it in excess of what I should be paying for conveyancing in Solihull?
The costs illustration is slightly on the expensive side. Where you are content to expend time comparing fee on a like for like basis you may be able to get the conveyancing a bit cheaper by perhaps a hundred pounds. On the other hand, you couldcome to rue opting for an an untested conveyancer. Don't forget to be sure the solicitor can act for your bank. Do make use of our search tool to get a quote a Solihull conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Solihull.
It is a dozen years since I purchased my property in Solihull. Conveyancing lawyers have just been appointed on the sale but I can't find the title documents. Will this jeopardise the sale?
You need not be too concerned. First there is a chance that the deeds will be kept by your mortgage company or they may be in the possession of the conveyancers who oversaw your purchase. Secondly in most cases the property will be recorded at the land registry and you will be able to prove you own the property by your conveyancing lawyers acquiring current official copies of the land registers. Almost all conveyancing in Solihull involves registered property but in the unlikely event that your property is unregistered it adds to the complexity but is resolvable.
What can a local search inform me regarding the house I am buying in Solihull?
Solihull conveyancing often starts with the applying for local authority searches directly from your local Authority or via a personal search company for example Xpress Legal The local search is essential in every Solihull conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your new home. The search will provide data on, amongst other things, details on planning applications applicable to the property (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 subject areas.
I'm refinancing my primary house to a buy to let mortgage with and I will use the ballance of the raised equity as a deposit on a second property. The neighborhood we are looking at is Solihull. Will your lawyers be able to act for both sets of mortgage companies and link together the transactions?
Do use our comparison tool on this site to check that the lawyers are approved by both banks. Having checked that they are the solicitor should be able to tie up the two conveyancing matters but you should talk with you lawyer and specify your desired outcome and requirements.
I have just appointed agents to market my basement apartment in Solihull. Conveyancing has not commenced, but I have just received a quarterly maintenance charge demand – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should clear the maintenance contribution as normal given that all rents and maintenance charges will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I bought a ground floor flat in Solihull, conveyancing was carried out half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Solihull with a long lease are worth £165,000. The ground rent is £45 charged once a year. The lease terminates on 21st October 50
With 50 years left to run the likely cost is going to span between £36,100 and £41,800 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before seeking the advice of a professional.