My wife and I are purchasing a property in Haddenham. It might be a silly question but how we can trust a lawyer? On the day of competition we will need to put our life savings into their account. What is the protection we have from them run away with our money?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
It is unclear whether my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called into my local Haddenham bank branch on various occasions and was told they are content with the situation and they would lend. My Haddenham conveyancing solicitor - who is on the bank conveyancing panel- telephoned to say that they will not lend based on their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
The property lawyer has to comply with the Council of Mortgage Lenders’ Handbook section two conditions for your lender. Unless your lawyer obtains specific confirmation in writing that the mortgage company will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the mortgage company to contact your lawyer in writing confirming that they will accept the number of years remaining.
Bank of Ireland have agreed my mortgage in principle, my bid on a flat in Haddenham has been agreed to, now what?
The estate agent will want to be advised as to your solicitor's details (ensure that the conveyancing practitioners are on the lender’s approved list). Call up Bank of Ireland or the broker and finalise any outstanding documentation. Bank of Ireland will appoint a valuer who will get in contact with the estate agent or vendor to arrange a slot for the valuation to happen. Once conducted (assuming no problems) it takes about a fortnight for the mortgage offer to be issued. Bank of Ireland will send the offer to you and your lawyers. The transaction will then take it’s course according the nature and complexity of the conveyancing in Haddenham.
Despite weeks of looking the Title Certificate and documents to my property are lost. The lawyers who handled the conveyancing in Haddenham 4 years ago have long since closed. Will I be able to sell the house?
As long as you have a registered title the information relating to your proprietorship will be retained by HMLR with a Title Number. It is easy to conduct a search at the Land Registry, find your property and obtain current copies of the Registered Entries for less than a fiver. If the property is Leasehold then the Land Registry will in most cases hold a file duplicate of the Registered Lease and again, a copy can be retrieved for a small fee.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what was supposed to be a straight forward, chain free conveyancing. Haddenham is where the house is located. What do you suggest?
Flying freeholds in Haddenham are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Haddenham you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Haddenham may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
My company is hoping to lease a unit on the high street. Can you recommend conveyancers offering competitive fees for non-domestic conveyancing in Haddenham for less than £2000?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Haddenham, including the disposal and purchase of businesses as well as simply premises. Whether you are hoping to buy or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will find you the right lawyer. Regarding the fees this will depend on the structure and nuances of the proposed transaction. Let us have your details or email us so that we may supply you with comprehensive commercial conveyancing calculation.
I have just appointed agents to market my 2 bed apartment in Haddenham. Conveyancing lawyers have not yet been instructed, however I have just had a quarterly maintenance charge demand – Do I pay up?
It best that you clear the service charge as you normally would as all ground rent and maintenance charges will be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I am the registered owner of a leasehold flat in Haddenham, conveyancing formalities finalised in 2000. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in Haddenham with a long lease are worth £186,000. The average or mid-range amount of ground rent is £55 per annum. The lease expires on 21st October 2074
You have 52 years left to run we estimate the premium for your lease extension to range between £29,500 and £34,000 as well as legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.
What type of property do your Haddenham conveyancing estimates apply to?
Our conveyancing quotes are only relevant to standard domestic homes in England & Wales. Should you have any different requirements for instance industrial or agricultural land or commercial conveyancing in Haddenham you should contact us to address your requirements .