I was referred a solicitor who has given a fee estimate £1150 for freehold conveyancing in Ardleigh Green. I am selling a Victorian house for £300,000. Is this too much? Is it above what I should be paying for conveyancing in Ardleigh Green?
The charges are a bit high. If you are content to invest time comparing prices you could decrease the fees slightly by as much as a hundred pounds. That being said, you mightcome to rue choosing an an unknown solicitor. If is important to check the conveyancer can act for your mortgage company. You can employ our comparison tool to get a quote a Ardleigh Green conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Ardleigh Green.
My wife and I are getting closer to an exchange on a property in Ardleigh Green and my mum and dad have transferred the ten percent deposit to my conveyancer. I am now advised that as the deposit has been sent from someone other than me my conveyancer needs to disclose this to my lender. Apparently, in also acting for the lender he must advise them that the balance of the purchase price is coming from anyone other than me. I disclosed to the mortgage company concerning my parents' contribution when I applied for the mortgage, so is it really necessary for him to raise this?
The solicitor is legally required to check with the bank to make sure that they know that the balance of the purchase price is not from your own funds. Your solicitor can only disclose this to your bank if you permit them to, failing which, your lawyer must cease to continue acting.
Having sold my house in Ardleigh Green last December but the buyer keeps texting every few hours to moan that their solicitor needs to hear from mine. What are the post completion sale legalities following completion?
Following your disposal your solicitor is duty bound to forward the transfer documentation and all of the paperwork to the buyer’s solicitors. If applicable, your conveyancer must also evidence that the home loan has been discharged to the buyers conveyancers. There are no post completion tasks peculiar conveyancing in Ardleigh Green.
What will a local search tell me about the property I am buying in Ardleigh Green?
Ardleigh Green conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search organisations such as Onsearch The local search plays an important role in many a Ardleigh Green conveyancing purchase; that is if you don’t want any nasty surprises after you move into your new home. The search should reveal information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.
About to purchase a new build apartment in Ardleigh Green. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Ardleigh Green
If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme.
I am on look out for some leasehold conveyancing in Ardleigh Green. Before I get started I would like to find out the remaining lease term.
If the lease is registered - and almost all are in Ardleigh Green - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Notwithstanding our best efforts, we have been unsuccessful in trying to reach an agreement for a lease extension in Ardleigh Green. Can the Leasehold Valuation Tribunal adjudicate on premiums?
in cases where there is a absentee freeholder or if there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to arrive at the premium.
An example of a Lease Extension case for a Ardleigh Green premises is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case related to 1 flat. The unexpired term as at the valuation date was 57.5 years.