My family lawyer has given a fee estimate just over a thousand pound for no sale no fee conveyancing in Penshaw. I’m selling a newly refurbished house for £150,000. Is this expensive? Is it above what I should be paying for conveyancing in Penshaw?
The charges are a tad high. If you are content to expend time scrutinising quotes you might trim some of the expense by perhaps a hundred pounds. That being said, you mightcome to regret opting for an a cheaper solicitor. Remember to enquire the solicitor can also act for your mortgage company. You can utilise our comparison tool to locate a Penshaw conveyancing practice on the lender’s approved list of lawyers which can often include conveyancing solicitors in Penshaw.
Completed the sale of my flat in Penshaw last January but our buyer keeps SMS messaging me complaining that their lawyer needs to hear from mine. What should my lawyer have done now that I have sold?
After completion of your house sale your lawyer is committed to send the transfer documentation and all supplemental paperwork to the buyer’s lawyers. Where appropriate, your solicitor should also send confirmation that the legal charge in favour of the lender has been discharged to the purchasers lawyers. There are no post completion procedures specific conveyancing in Penshaw.
My wife and I are downsizing from our house in Penshaw and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. A high street Penshaw conveyancer would know this is not the case. It does beg the question why the buyers are using a factory type conveyancing firm as opposed to a conveyancing solicitor in Penshaw. We have lived in Penshaw for three years we know that this is a non issue. Do we get in touch with our local Authority to get confirmation need.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same ailment)
2 months have elapsed following my purchase conveyancing in Penshaw concluded. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. 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 acquired a split level flat in Penshaw, conveyancing was carried out 1995. How much will my lease extension cost? Corresponding flats in Penshaw with an extended lease are worth £165,000. The ground rent is £45 levied per year. The lease runs out on 21st October 50
With 50 years left to run we estimate the price of your lease extension to range between £36,100 and £41,800 plus professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed investigations. Do not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.