Can I use your services to recommend a Conveyancing solicitor in Bishopsworth even if I’m not buying or disposing of a house, for example where I want to buy an office in Bishopsworth with a mortgage from TSB?
Our comparison service is predominantly utilised to get a quote from residential conveyancing solicitors in Bishopsworth but we have set out towards the bottom of this page some Bishopsworth commercial conveyancing firms. You will need to speak with the firm directly to see if they are also authorised to represent TSB
My grandfather passed away last year and as sole heir and executor I was left the house in Bishopsworth. The house had a relatively small loan remaining of approximately £8000. I want to transfer the title deeds into my name whilst I re-mortgage to Leeds Building Society, pay off the mortgage. Is this possible?
Where you plan to re-mortgage then Leeds Building Society will insist on your using a conveyancer on the Leeds Building Society conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Leeds Building Society conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Leeds Building Society mortgage is registered as a charge at the Land Registry.
I have been on the look out for a flat up to £195,000 and found one round the corner in Bishopsworth I like with open areas and station in the vicinity, the downside is that it's only got 49 remaining years left on the lease. I can't really find anything else in Bishopsworth in this price bracket, so just wondered if I would be making a mistake acquiring a lease with such few years left?
Should you need a home loan the remaining unexpired lease term will likely be a potential deal breaker. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of 2 years you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.
In what way can the Landlord & Tenant Act 1954 impact my business offices in Bishopsworth and how can your lawyers assist?
The particular law that you refer to provides security of tenure to commercial lessees, granting the a statutory right to make a request to court for a continuation of occupancy when the lease comes to an end. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing practices who use the act for protection and help with commercial conveyancing in Bishopsworth
We are one month into a residential purchase having been directed to conveyancers by the estate agent to do our conveyancing in Bishopsworth. I am not happy. Could you help me find new conveyancers?
A solicitor would have to be really poor in order to consider replacing them. Has the loan offer been generated? If so you must make them aware of the new solicitor and get the offer are issued to the new lawyers. Your conveyancer should be on the banks panel to avoid added charges and frustration. So that should be your starting point. Our search tool will assist you in finding a bank approved conveyancer for your conveyancing in Bishopsworth
I am on look out for some leasehold conveyancing in Bishopsworth. Before diving in I require certainty as to the remaining lease term.
Assuming the lease is recorded at the land registry - and 99.9% are in Bishopsworth - then the leasehold title will always include the basic details 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.
I invested in buying a leasehold flat in Bishopsworth, conveyancing was carried out in 1998. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Bishopsworth with a long lease are worth £195,000. The ground rent is £45 yearly. The lease terminates on 21st October 2087
With only 63 years left to run the likely cost is going to be between £16,200 and £18,600 as well as costs.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.