Freehold purchasing costs

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    Freehold purchasing costs

    Freehold Purchase Conveyancing costs:

    I had a number of quotes from £500 to £1500 + disimbursemtns and vat....
    What is the good price?

    There is all in place company and structure. Thanks

    #2
    Have you checked the freehold title and site plan are correct ? Both items can be purchased for £3 each by credit card and downloaded from Land Registry Online ?

    Is your company buying the freehold title without mortgage ? What is the reason for such a large difference in price for the same work ?

    I would choose a local law firm which has been established for a few years.

    Comment


      #3
      Hi, buying freehold with mortgage.
      All the same, but clearly some people value their more than others.

      I have freehold title , will check the plan thanks for advice

      Comment

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      • Reply to Freehold purchasing costs
        by Anna1985
        Hi, buying freehold with mortgage.
        All the same, but clearly some people value their more than others.

        I have freehold title , will check the plan thanks for advice
        09-12-2019, 16:40 PM
      • Freehold purchasing costs
        by Anna1985
        Freehold Purchase Conveyancing costs:

        I had a number of quotes from £500 to £1500 + disimbursemtns and vat....
        What is the good price?

        There is all in place company and structure. Thanks
        02-12-2019, 17:18 PM
      • Reply to Freehold purchasing costs
        by Gordon999
        Have you checked the freehold title and site plan are correct ? Both items can be purchased for £3 each by credit card and downloaded from Land Registry Online ?

        Is your company buying the freehold title without mortgage ? What is the reason for such a large difference in price...
        08-12-2019, 11:12 AM
      • RFR deceased owner
        by cnatspell
        My dear old mum passed away last year leaving her flat to be sold as part of the estate. the flat was the top floor of three in the building and she owned the freehold (including garden, garage etc) as well as the lease on her flat. there was 50 odd years left on the lease. given that she was a landlord...
        02-12-2019, 19:54 PM
      • Reply to RFR deceased owner
        by ATC
        Go to a really good solicitor not some conveyancing bucketshop where your work will be handled by someone less than an expert. I think given that the executors are seized of both the freehold and a fifty year lease they can extend the leasehold interest by simple deed, transferring years to the lease...
        06-12-2019, 01:34 AM
      • Reply to RFR deceased owner
        by Gordon999
        If the leasehold flat has only 50 years unexpired remaining , it should be given a statutory 90 years lease extension before putting on the market for sale or the buyer cannot get a mortgage and seller cannot get the highest sale price.

        The sale is not by a resident landlord, its by the...
        02-12-2019, 21:31 PM
      • Highway rights
        by Deckie
        We bought our house in 1998 and at that time there was a public pathway between our garden and the neighbour's which lead from the street to the canal running at the end of the garden. I learnt that when the houses were built in 1980 the plan was to build a bridge across the canal at the end of the...
        30-11-2019, 19:53 PM
      • Reply to Highway rights
        by leaseholder64
        Being a public right of way doesn't mean that you don't own it. We are not even necessarily talking about adopted status here. Extinguishing a right of way is not the same as getting adverse possession. (In particular, blocking a public right of way is a criminal offence, whereas fencing off land...
        02-12-2019, 17:56 PM
      • Right to first refusal?
        by Pocahontas
        Hello

        Im not sure if I am in the right part of the forum.

        Im a leaseholder of a ground floor flat and the owner of the first floor flat has passed away. It’s going on the market for sale soon and I’ve told them I’m interested in purchasing it.

        the flat...
        08-10-2019, 08:21 AM
      • Reply to Right to first refusal?
        by Anna1985
        Imho, as the owner was leaving in the property, and the lease reverted to the freehold there is probably no right of 1st refusal but it is all depends on the price
        02-12-2019, 16:50 PM
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