My previous solicitor has given a fee estimate £1700 for leasehold conveyancing in Kings Langley. I’m selling a Georgian property for £275,000. Are these estimated fees excessive? Is it above the average fee for conveyancing in Kings Langley?
The estimate does seem marginally steep. Where you are content to spend time contrasting prices you may be able to get the conveyancing a bit cheaper by say a hundred pounds. On the other hand, you mightcome to rue choosing an an unknown lawyer. Remember to be sure that the conveyancer can also act for your bank. You can utilise our comparison tool to choose a Kings Langley conveyancing company on the banks approved list of lawyers which can often include conveyancing solicitors in Kings Langley.
We were just about to sign contracts for a freehold house in Kings Langley. We have hit a problem. Our loan offer with Aldermore runs out on 26/4/2021 but the owners are insisting on a completion date of 28/4/2021. Is it possible to extend the loan offer?
The person best placed to deal with your question is your conveyancer who will assess if he or she is better off negotiating with the mortgage company, owner’s lawyers, selling agents or indeed all parties given the history of your conveyancing to date.
Do lenders provide you with an approved list of Kings Langley conveyancing solicitors? How do you know who is on the Coventry BS conveyancing panel?
Kings Langley conveyancing firms themselves provide us confirmation that they are on the Coventry BS conveyancing panel as opposed to being supplied with a list from Coventry BS directly.
How can the Landlord & Tenant Act 1954 affect my business offices in Kings Langley and how can your lawyers assist?
The 1954 Act provides a safeguard to commercial leaseholders, granting the right to make a request to court for a continuation of occupancy at the end of an expired lease. There are limited grounds that a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act for protection and handle your commercial conveyancing in Kings Langley
I have been sourcing a conveyancing solicitor in Kings Langley for my sale. Is it possible to see a solicitor's record with the legal regulator?
Anyone may see presented Solicitor Regulator Association (SRA) decisions resulting from inquisitions started on or after Jan 2008. Go to Check a solicitor's record. For details about the period before 1 January 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 Monday, Wednesday, Thursday, Friday and 09.30 - 18.00 Tuesday. For non-uk callers, use +44 (0)121 329 6800. The regulator could recorded call for training reasons.
I am employed by a reputable estate agency in Kings Langley where we have experienced a number of leasehold sales put at risk as a result of short leases. I have received contradictory information from local Kings Langley conveyancing solicitors. Could you shed some light as to whether the owner of a flat can initiate the lease extension process for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the disposal of the property.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Kings Langley Leasehold Conveyancing - Sample of Queries before Purchasing
Best to be warned whether redecorating or some other significant cost is pending that will be shared amongst the tenants and could well dramatically impact the level of the service fees or necessitate a one time invoice. How many of the leaseholders are in arrears for their maintenance charge payments? Does the lease have in excess of 85 years unexpired?