We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
What is a notice fee?
Lbuk
Posts: 71 Forumite
We’re buying and the initial enquiries and comments re the contract pack have been sent from our conveyancer to the sellers solicitor and we received a copy.
Our conveyancer stated that the notice fee is not enforceable and we will not be paying it.
What is a notice fee and how much might it have been?
Google doesn’t seem to know.
Our conveyancer stated that the notice fee is not enforceable and we will not be paying it.
What is a notice fee and how much might it have been?
Google doesn’t seem to know.
0
Comments
-
Does it matter, if you're not paying it? I would guess it's a fee charged by the freeholder for the assignment of the lease.0
-
@lbuk Assuming you're buying a leasehold property, the 'notice fee' normally means a fee charged by the freeholder/management company to be informed of a change in leaseholder. It's usually around £50 to a couple of hundred pounds and set out in the lease or list of charges sent out by the freeholder/Mgmt co.
If you're buying a freehold property, not sure what it refers to.I am a Mortgage Adviser - You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
PLEASE DO NOT SEND PMs asking for one-to-one-advice, or representation.
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards