My previous solicitor has given a fee calculation of £1200 for fixed fee conveyancing in Charterhouse. I’m hoping to sell a Edwardian detached home for £125,000. Is this over the top? Is it above the norm for conveyancing in Charterhouse?
The estimate does seem a tad overpriced. If you shop around you could shave off some of the cost by say a hundred pounds. That being said, you maycome to regret opting for an an unknown lawyer. Remember to enquire that the firm can act for your mortgage company. You can utilise our comparison tool to locate a Charterhouse conveyancing practice on the banks conveyancing panel which can often include conveyancing solicitors in Charterhouse.
We are about to exchange on the purchase of a house in Charterhouse but as a result of damage from the recent storms I have managed to agree compensation from the owner of three thousand pounds by way of a deduction in the price. This was going to be dealt with as part of amending the contract however Kent Reliance will not permit this. Why were they approached?
Your property lawyer being on the Kent Reliance conveyancing panel is obliged to inform Kent Reliance of any variations to the sale price. If you were to refuse your conveyancing practitioner to report the price change to Kent Reliance then they would have to discontinue acting for you. In addition, Kent Reliance and you would have to appoint a new property lawyer for your conveyancing in Charterhouse.
This question may be naive but I am wet behind the ears as a first time buyer of a two bedroom flat in Charterhouse. Do I receive the keys to the premises on the completion date from my conveyancer? If so, I will appoint a local conveyancing solicitor in Charterhouse?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will arrange to send the completion advance to the owner’s solicitors, and once they have received this, you will be invited to pick up the keys from the property Agents and move into your new home. Usually this occurs between 1 and 3pm.
I am the single recipient of my late mum's estate with all property in now in my sole name, including the house in Charterhouse. Conveyancing formalities meant that the Land Registry date was in December. I plan to dispose of the house. I understand that there is a Mortgage Lenders 6 month 'rule', meaning my proprietorship will be considered the same way as if I'd bought the property in December. Do I have to wait half a year to sell?
The Council of Mortgage Lenders’ handbook obliges conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you might be caught by that. Some lenders would take a sensible view as this requirement is principally there to identify the purchase and immediately sell or the quick reselling of property.
I had a mortgage agreed in principle with Clydesdale. Charterhouse conveyancing lawyers were chosen. How long does it take for Clydesdale to forward the offer to the lawyer?
Some lenders take longer than others. Have Clydesdale done the valuation? Have you advised Clydesdale as to your lawyers' details and checked that your lawyers are on the Clydesdale conveyancing panel? It is not unusual for a mortgage offer to take a month to come through.
I've recently found out that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a quick, chain free conveyancing. Charterhouse is the location of the property. Can you offer any guidance?
Flying freeholds in Charterhouse are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Charterhouse you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Charterhouse may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
If all goes to plan we aim to complete the sale of our £150,000 maisonette in Charterhouse next Friday. The managing agents has quoted £324 for Landlord’s certificate, building insurance schedule and previous years service charge statements. Is the landlord entitled to charge such fees for a flat conveyance in Charterhouse?
For the majority of leasehold sales in Charterhouse conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Answering pre-contract questions
Where consent is required before sale in Charterhouse
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I am the leaseholder of a ground-floor 1960’s flat in Charterhouse. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal make a decision on the sum payable for the purchase of the freehold?
if there is a absentee landlord or where there is disagreement about what the lease extension should cost, under the relevant statutes you can apply to the Leasehold Valuation Tribunal to make a decision on the sum to be paid.
An example of a Lease Extension decision for a Charterhouse residence is Flat 89 Trinity Court Grays Inn Road in February 2013. the Tribunal found that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 to the Leasehold Reform, Housing and Urban Development Act 1993 should be £36,229. This case related to 1 flat. The number of years remaining on the existing lease(s) was 66.8 years.