I have given 2 months notice to my current landlord and must vacate my let out property in Marshfield by the end of next month. Conveyancing on my purchase is underway. Is it possible to complete in 5 weeks as don't want to have to move into short term accommodation?
The normal practice is not to provide notice on a rental until exchange of contracts has taken place. Assuming that you have not already done so, speak to your solicitor and ask them to they seek the assistance the other side, try to get a realistic time scale from them that everyone will look towards
If you had a top tip for selecting a conveyancing solicitor in Marshfield what would it be?
Do not opt for the lowest Marshfield conveyancing quote. You really do get what you’re paying for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you go into the conveyancing with your eyes wide open.
We had instructed conveyancers based in Marshfield on the Barclays solicitor panel. They are now charging me an additional sum for handling the Barclays mortgage. Is this an additional conveyancing fee specified by Barclays?
As unfair as it may seem, as long as it’s in their Terms of Engagement or estimate then yes your conveyancer is entitled to levy a fee for this. The fee is not dictated by Barclays but by your Marshfield conveyancing practitioner. Some firms on the Barclays panel will levy ’dealing with mortgage’ fee but many firms incorporate it on their overall fee.
Can I be sure that the Marshfield conveyancing solicitor on the Yorkshire BS panel is any good?
When it comes to conveyancing in Marshfield obtaining recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always recommend that you speak with the lawyer carrying out your conveyancing.
Just had an offer accepted on a new build flat in Marshfield. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Marshfield
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Please confirm the Lease plans are surveyor prepared. Forfeiture - bankruptcy or liquidation must not apply under this provision. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
I am looking for a flat up to £245,000 and identified one round the corner in Marshfield I like with a park and station nearby, the downside is that it's only got 49 years on the lease. I can't really find anything else in Marshfield suitable, so just wondered if I would be making a mistake purchasing a short lease?
If you need a home loan that many years will likely be problematic. 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 may request that they start the process of the extension and pass it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
I am in need of some leasehold conveyancing in Marshfield. Before I get started I would like to find out the remaining lease term.
Assuming the lease is registered - and most are in Marshfield - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I bought a ground floor flat in Marshfield, conveyancing was carried out March 2006. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Marshfield with an extended lease are worth £195,000. The ground rent is £45 charged once a year. The lease expires on 21st October 2087
With 62 years remaining on your lease the likely cost is going to span between £17,100 and £19,800 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.
I happen to be an executor of my recently deceased parent's Will, with a bungalow in Marshfield which will be sold. The bungalow has never been registered at HMLR and I'm told that many estate agents will insist that it is done before they'll move forward. What's the mechanism for this?
In the situation that you have set out it seems sensible to apply to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and certified copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.