I am about to complete buying a property in Bradley Stoke but as a result of damage from some water damage at the property I have was able negotiate compensation from the owner in the sum of three thousand pounds in the form of a adjustment in the price. This was going to be dealt with as part of amending the contract but Lloyds are not allowing this. Should they have been notified?
Any property lawyer being on a Lloyds approved list is obliged to inform Lloyds of any variations to the purchase price. If you prohibit your property lawyer to notify the reduction to Lloyds then they would have to discontinue acting for you. In addition, Lloyds and you would have to appoint a new solicitor for your conveyancing in Bradley Stoke.
I require quick conveyancing in Bradley Stoke as I am faced with pressure to complete within 2 weeks. A mortgage is not required. Is it possible to avoid the conveyancing searches to save money and time?
As you are are a cash purchaser you are at free not to have searches carried out although no law firm would advise that you don't. Drawing on our experience of conveyancing in Bradley Stoke the following are instances of issues that can crop up and adversely impact future saleability: Refused Planning Applications, Overdue Charges, Outstanding Grants, Railway Schemes,...
How does conveyancing in Bradley Stoke differ for new build properties?
Most buyers of new build property in Bradley Stoke come to us having been asked by the builder to sign contracts and commit to the purchase even before the property is built. This is because new home sellers in Bradley Stoke tend to buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Bradley Stoke or who has acted in the same development.
In what way does the Landlord & Tenant Act 1954 impact my business offices in Bradley Stoke and how can your lawyers assist?
The 1954 Act provides a safeguard to business lessees, giving them the dueness to apply to court for a continuation of occupancy at the end of the lease term. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Bradley Stoke is one of our hundreds of areas of the UK in which the firms we work with have offices
I am using a search engine for the phrase conveyancing in Bradley Stoke it brings up numerous solicitorsin the area. How do I determine which is the right property lawyer for my move?
The preferential method of choosing a suitable conveyancer is via trusted recommendation, so seek the guidance of friends and relatives who have purchased a property in Bradley Stoke or a local estate agent or financial adviser. Costs for conveyancing in Bradley Stoke vary, so it's advisable to secure at least three fee calculations from varying types of property lawyers. Make sure that you know that the fees are fixed.
I own a leasehold flat in Bradley Stoke. Conveyancing and Godiva Mortgages Ltd mortgage went though with no issue. A letter has just been received from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1993. The conveyancing solicitor in Bradley Stoke who previously acted has now retired. Any advice?
The first thing you should do is make enquiries of HMLR to make sure that this person is indeed the registered owner of the freehold reversion. You do not need to instruct a Bradley Stoke conveyancing firm to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that regardless, even if this is the rightful landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Leasehold Conveyancing in Bradley Stoke - Examples of Queries before Purchasing
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What restrictions exist in the Bradley Stoke Lease? In the main the cost for major works are not included within maintenance charges, although a few managing agents in Bradley Stoke require leasehold owners to pay into a reserve fund created for the specific purpose of establishing a fund for larger works.