What does a local search inform me regarding the house we're purchasing in Flackwell Heath?
Flackwell Heath conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations such as PSG The local search is essential in every Flackwell Heath conveyancing purchase; that is if you don’t want any nasty once you have moved into your new home. The search will supply data on, amongst other things, details on planning applications applicable 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 thirteen topic areas.
My wife and I own a semi-detached Georgian house in Flackwell Heath. Conveyancing solicitor acted for me and Yorkshire Building Society. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, the second leasehold under the matching address. If a house is not a freehold shouldn't I have been informed?
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Flackwell Heath and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with the conveyancing lawyer who conducted the conveyancing.
How does conveyancing in Flackwell Heath differ for new build properties?
Most buyers of new build or newly converted property in Flackwell Heath approach us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because developers in Flackwell Heath typically acquire the real estate, 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 conveyancing solicitors 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 accustomed to new build conveyancing in Flackwell Heath or who has acted in the same development.
My company is planning to lease a unit on a shopping parade. Can you recommend lawyers offering no-sale-no charges for non-domestic conveyancing in Flackwell Heath for below £1,200?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Flackwell Heath, including the sale and purchase of businesses as well as simply property. If you are intending to buy or dispose of a shop, pub, restaurant, office, retail unit or a complete business we can find you the right lawyer. As for the fees this will depend on the structure and nuances of the proposed transaction. Please provide us with your details or email us so that we can furnish you with a detailed commercial conveyancing calculation.
My husband and I are first time buyers - had an offer accepted, but the selling agent has warned us that the seller will only go ahead if we appoint the agent's chosen conveyancers as they want an ‘expedited deal’. We would rather use a high street solicitor who is familiar with conveyancing in Flackwell Heath
We suspect that the seller is unaware of this request. Should the seller desire ‘a quick sale', turning down a motivated buyer is going to damage their objectives. Speak to the owners direct and explain that (a)you are serious purchasers (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)but you will continue to use your preferred Flackwell Heath conveyancing firm - as opposed tothose that will provide their estate agent a commission or achieve conveyancing thresholds demanded by head office.
We expect to complete the sale of our £400,000 garden flat in Flackwell Heath in just under a week. The landlords agents has quoted £360 for Certificate of Compliance, insurance certificate and 3 years service charge statements. Is the landlord entitled to charge such fees for a leasehold conveyance in Flackwell Heath?
Flackwell Heath conveyancing on leasehold flats usually involves the buyer’s lawyer submitting questions for the landlord to answer. Although the landlord is under no legal obligation to respond to such questions the majority will be content to assist. They are entitled to charge a reasonable administration fee for responding to questions or supplying documentation. There is no upper cap for such fees. The average costs for the information that you are referring to is £350, in some situations it is in excess of £800. The administration charge levied by the landlord must be sent together with a synopsis of entitlements and obligations in respect of administration fees, without which the charge is technically not due. Reality however dictates that you have little option but to pay whatever is demanded if you want to complete the sale of your home.
Leasehold Conveyancing in Flackwell Heath - Sample of Queries before Purchasing
How much is the ground rent and service charge? Does the lease have onerous restrictions? Many Flackwell Heath leasehold properties will be liable to pay a service charge for the upkeep of the building levied on behalf of the management company. If you acquire the apartment you will have to meet this charge, normally in instalments accross the year. This could differ from several hundred pounds to thousands of pounds for bigger purpose-built buildings. There will also be a rentcharge to be met annual, ordinarily this is not a significant sum, say approximately £50-£100 but you should to check it because occasionally it can be surprisingly expensive.