Our family lawyer has given a fee estimate £1150 for no completion no fee conveyancing in Alvechurch. I am selling a modern detached home for £150,000. Are these estimated fees excessive? Is it in excess of the norm for conveyancing in Alvechurch?

The estimate does seem marginally overpriced. If you are content to invest time comparing prices you may be able to shave off some of the expense by say £125. That being said, you couldcome to regret choosing an an unknown solicitor. If is important to ensure that the firm can also act for your bank. Do utilise our search tool to get a quote a Alvechurch conveyancing firm on the banks conveyancing panel which can often include conveyancing solicitors in Alvechurch.

Can your site be used to recommend a Conveyancing solicitor in Alvechurch even if I’m not buying or selling a house, for instance if I wish to acquire a shop in Alvechurch with a mortgage from Virgin Money?

Our comparison service is primarily used to select residential conveyancing solicitors in Alvechurch but we have set out at the end of this page a selection of Alvechurch commercial conveyancing firms. You will need to enquire with the solicitors directly to see if they can also act for Virgin Money

Are there restrictive covenants that are commonly identified during conveyancing in Alvechurch?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Alvechurch. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

I am buying my first flat in Alvechurch with a mortgage from Lloyds TSB Bank. The builders refused to budge the amount so I negotiated five thousand pounds worth of additionals instead. The estate agent told me not to tell my conveyancer about this deal as it will impact my mortgage with the lender. Is this normal?.

All lenders require a Disclosure of Incentives Form from the developer 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've recently bought a leasehold house in Alvechurch. Do I have any liability for service charges for periods before completion of my purchase?

In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.

If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).

Leasehold Conveyancing in Alvechurch - A selection of Questions you should consider Prior to Purchasing

Best to be warned whether a new roof is being put on or some other significant cost is coming up that will be shared between the leasehold owners and will dramatically increase the the maintenance charges or result in a specific invoice. Are any of leasehold owners in dispute over their service charge payments? Please note if it is no more than 80 years it will affect the value of the property. Check with your bank that they are content with the length of the lease. A short lease means that you will almost definitely require a lease extension at some point and you need to have some idea of how much this will be. For most Alvechurchlease extensions you will need to own the premises for 24 months before you are legally able to extend the lease.