Can the conveyancing solicitors identified via your search tool conduct auction conveyancing in Farnham?
We know of a few niche practitioners we can connect you with those specialising in auction conveyancing. Farnham is just one of our locations in which our lawyers have offices.
Is there a reason why leasehold purchase conveyancing in Farnham is more expensive?
In short, leasehold conveyancing in Farnham and Surrey usually requires more work compared to freehold conveyancing. This includes lease investigation, corresponding with the landlord concerning serving required notices, obtaining current service charge and management information, obtaining the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first entered into.
My partner and I are close to exchanging contracts on the sale of our property in Farnham and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any local conveyancer would know this is not the case. It does beg the question why the purchasers are using a web based conveyancing practice as opposed to a conveyancing solicitor in Farnham. Having lived in Farnham for six years we know of no issue. Is it a good idea to get in touch with our local Authority to get confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer currently acting for you. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
Over the last few months I have been searching for a flat up to £235,500 and found one round the corner in Farnham I like with a park and transport links in the vicinity, however it's only got 51 years unexpired on the lease. I can't really find anything else in Farnham in this price bracket, so just wondered if I would be making a grave error buying a short lease?
Should you require a mortgage the shortness of the lease may be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for at least 2 years you may ask them to 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.
My fiance and I may need to sub-let our Farnham ground floor flat temporarily due to a new job. We used a Farnham conveyancing firm in 2004 but they have since shut and we did not think at the time seek any advice as to whether the lease allows us to sublet. How do we find out?
Notwithstanding that your previous Farnham conveyancing lawyer is not available you can review your lease to check if it allows you to sublet the property. The accepted inference is that if the lease is non-specific, subletting is permitted. There may be a precondition that you need to obtain permission via your landlord or some other party prior to subletting. The net result is that you cannot sublet in the absence of prior permission. Such consent must not not be unreasonably turned down. If your lease prohibits you from subletting the property you should ask your landlord if they are willing to waive this restriction.
Farnham Leasehold Conveyancing - Sample of Questions you should consider before Purchasing
This information is important as a) areas can result in problems in the building as the common areas may begin to deteriorate where maintenance are not paid for b) if the leaseholders have a dispute with the running of the building you will need to know about it Be sure to investigate if there is anything that is prohibited in the lease. For example some leases prohibit pets being allowed in in a block in Farnham. If you like the flatin Farnham however your cat is not allowed to make the move with you then you will be presented with a hard determination. Is the freehold reversion owned jointly by the leaseholders?
How and when do I cover the costs of the Stamp Duty Land Tax payable for my Farnham house purchase?
Most solicitors tend to fill out a Land Transaction Return Form on your behalf during your Farnham conveyancing transaction for you to sign. After completion your conveyancer will submit your Land Transaction Return Form to the Tax Authorities and - assuming they have the funds - pay any tax bill due for you.