Our family solicitor has sent a quote for £1400 for no sale no fee conveyancing in Ickenham. I’m hoping to sell a Georgian detached home for £125,000. This sounds overpriced. Is it in excess of what I should be paying for conveyancing in Ickenham?
The estimate does seem marginally steep. If you shop around you may be able to get the conveyancing a bit cheaper by as much as £100 plus VAT. On the other hand, you maylive to regret choosing an a cheaper conveyancer. Don't forget to enquire that the firm can represent your bank. Do make use of our search tool to locate a Ickenham conveyancing practice on the banks approved list of lawyers which can often include conveyancing solicitors in Ickenham.
I am the registered owner of a freehold residence in Ickenham yet charged rent, why is this and what is this?
It’s unusual for properties in Ickenham and has limited impact for conveyancing in Ickenham 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 generation of fresh rentcharges post 1977.
Previous rentcharges can now be extinguished by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
I am helping my step-mother sell her property in Ickenham. Does the conveyancer order an energy assessment or it is for me to coordinate?
After the demise of Home Information Packs, energy assessments was kept a compulsory part of moving house. An energy performance certificate must be to hand prior to the property being marketed. This is not something that solicitors ordinarily arrange. If you are using a Ickenham conveyancing solicitor they might be able to arrange EPC’s due to their contacts with long established local accredited person
Is it correct that all Ickenham CQS (Conveyancing Quality Scheme) solicitors are on the Nationwide conveyancing panel?
A selection of lenders now make use of the accreditation scheme as the kick off point for Panel approval such as HSBC and Santander. CQS accreditation however is no guarantee to lender panel acceptance. That being said,the CML have indicated that it is likely to become a pre-requisite for solicitor practices wishing to remain on their panels.
Intending to buy a house in Ickenham. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Nationwide conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Ickenham property lawyer is on the Nationwide conveyancing panel.
I am hoping to put an offer on a small detached house that seems to meet my requirements, at a great figure which is making it more attractive. I have since discovered that it's a leasehold as opposed to freehold. I would have thought that there are particular concerns buying a leasehold house in Ickenham. Conveyancing advisers have not yet been instructed. Will my lawyers set out the implications of buying a leasehold house in Ickenham ?
Most houses in Ickenham are freehold rather than leasehold. In this scenario it’s worth having a local solicitor who is familiar with the area who can help the conveyancing process. it is apparent that you are buying in Ickenham so you should seriously consider shopping around for a Ickenham conveyancing solicitor and check that they are used to dealing with leasehold houses. First you will need to check the unexpired lease term. Being a lessee you will not be at liberty to do whatever you want with the house. The lease comes with conditions such as obtaining the landlord’sconsent to conduct alterations. It may be necessary to pay a contribution towards the upkeep of the estate where the property is located on an estate. Your conveyancer should advise you fully on all the issues.
Despite our best efforts, we have been unsuccessful in trying to purchase the freehold in Ickenham. Can this matter be resolved via the Leasehold Valuation Tribunal?
Where there is a missing landlord or if there is dispute about the premium for a lease extension, under the relevant statutes you can apply to the First-tier Tribunal (Property Chamber) to make a decision on the price payable.
An example of a Lease Extension decision for a Ickenham flat is Flat 72 Queens Walk in January 2013. The Tribunals calculated the premium payable to be £22,090. This case related to 1 flat. The unexpired lease term was 53.26 years.
What tools are available to search for a Ickenham conveyancing solicitor on the bank conveyancing panel? I have a car and am prepared to travel up to 25kilometers to attend the solicitor.
You can use the find a conveyancing panel tool on this website. Please choose the lender and your location, in this case Ickenham and you will see a number of lawyer located nearest Ickenham. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the lender solicitor panel.