I need some expedited conveyancing in Petts Wood as I am under a deadline to exchange contracts inside one month. A mortgage is not required. Can I avoid the conveyancing searches to save fees and time?
As you are are a mortgage free purchaser you have the choice not to do searches although no solicitor would advise that you don't. With plenty of history conveyancing in Petts Wood the following are examples of what can crop up and adversely affect future mortgageability: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Unadopted Roads,...
I am buying a new build apartment in Petts Wood. Conveyancing is a frightening process 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 conveyancing.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Petts Wood
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. 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.
Due to the encouragement of my in-laws I had a survey completed on a property in Petts Wood ahead of instructing solicitors. I have been told that there is a flying freehold aspect to the house. The surveyor has said that some mortgage companies tend refuse to grant a mortgage on a flying freehold home.
It varies from the lender to lender. Santander has different instructions from Halifax. If you contact us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Petts Wood. Conveyancing will be smoother if you use a solicitor in Petts Wood especially if they are accustomed to such properties in Petts Wood.
My company is planning to lease a unit on the high street. Can you recommend solicitors offering no-move-no charges for commercial conveyancing in Petts Wood for under £2000?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Petts Wood, including the sale and purchase of businesses as well as simply property. If you are hoping to buy or lease a shop, pub, restaurant, office, retail unit or a complete business we can find you the right solicitor. As for the costs these will vary based on the structure and heads of terms of the proposed transaction. Please provide us with your contact information or call us so that we may supply you with comprehensive commercial conveyancing quote.
My fiance and I may need to let out our Petts Wood basement flat for a while due to a new job. We used a Petts Wood conveyancing practice in 2004 but they have since shut and we did not have the foresight to seek any advice as to whether the lease prohibits the subletting of the flat. How do we find out?
Even though your previous Petts Wood conveyancing lawyer is no longer around you can check your lease to see if you are permitted to let out the apartment. The accepted inference is that if the lease is silent, subletting is permitted. Quite often there is a prerequisite that you need to obtain permission via your landlord or other appropriate person in advance of subletting. The net result is you not allowed to sublet in the absence of prior permission. The consent is not allowed to be unreasonably refused ore delayed. If the lease prohibits you from letting out the property you should ask your landlord if they are willing to waive this restriction.
Having spent years of negotiations we simply can't agree with our landlord on how much the lease extension should cost for our flat in Petts Wood. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most certainly. We are happy to put you in touch with a Petts Wood conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Petts Wood residence is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case related to 1 flat. The number of years remaining on the existing lease(s) was 50.57 years.
How much should conveyancing in Petts Wood cost?
The total sum levied for conveyancing in Petts Wood are likely to be calculated at:
- a fixed fee; or
- an hourly rate (i.e. the time spent on the particular case).
In reality you seldom hear of Petts Wood conveyancing solicitors charge by the clock