I am in the market for a reasonably priced conveyancer. Should I go for for a nationwide conveyancer as opposed to a high street Edge Hill conveyancing solicitor?
Existing third party relationships are another important factor to consider when appointing conveyancing lawyers. Edge Hill conveyancers often have long term relationships with lenders and agents, local authorities, surveyors and other conveyancing firms meaning you will move in shortest possible time. Possessing vast knowledge of the local area is an advantage.
I am refinancing my apartment in Edge Hill, does my lawyer need to be on the Clydesdale Conveyancing panel?
In theory, you could use a solicitor that is not on the Clydesdale conveyancing panel, but Clydesdale would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
I have been on the look out for a flat up to £305k and found one near me in Edge Hill I like with amenity areas and railway links nearby, however it only has 52 years unexpired on the lease. There is not much else in Edge Hill suitable, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a mortgage the remaining unexpired lease term will likely be an issue. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.
I am a sole trader planning to lease a unit on a shopping parade. Can you recommend conveyancers offering no-sale-no charges for non-domestic conveyancing in Edge Hill for under £2000?
We can recommend firms who host a wealth of experience of commercial conveyancing in Edge Hill, including the disposal and purchase of businesses as well as simply premises. If you are intending to acquire or lease a shop, pub, restaurant, office, retail premises or a whole business we can find you the right firm. As for the fees this will depend on the structure and heads of terms of the proposed transaction. Please provide us with your contact information or phone so as to enable us to provide you with a fixed commercial conveyancing calculation.
We're new on the property ladder - had an offer accepted, yet the property agent has warned us that the vendor will only go ahead if we appoint their recommended lawyers as they want an ‘expedited deal’. Our preferred option is to instruct a local conveyancer accustomed to conveyancing in Edge Hill
We suspect that the owner is unaware of this ultimatum. Should the vendor require ‘a quick sale', turning down a genuine purchaser is counter productive. Avoid the agents and go straight to the owners and make the point that (a)you are keen to buy (b)you are ready to go, with finances in place © you are chain free (d) you intend to proceed fast (e)however you intend to appoint your own,trusted Edge Hill conveyancing lawyers - not the ones that will provide the negotiator at the agency a kickback or meet his conveyancing figures pre-set by head office.
I own a leasehold house in Edge Hill. Conveyancing and Clydesdale mortgage are in place. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1998. The conveyancing practitioner in Edge Hill who previously acted has long since retired. Any advice?
First make enquiries of the Land Registry to make sure that this person is indeed the new freeholder. It is not necessary to incur the fees of a Edge Hill conveyancing lawyer to do this as you can do this on the Land Registry website for less than a fiver. You should note that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I acquired a garden flat in Edge Hill, conveyancing having been completed June 2005. Can you work out an approximate cost of a lease extension? Corresponding properties in Edge Hill with an extended lease are worth £185,000. The average or mid-range amount of ground rent is £65 per annum. The lease expires on 21st October 2083
With just 60 years left to run the likely cost is going to range between £20,000 and £23,000 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of detailed investigations. You should not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information before getting professional advice.