At long last a loan offer from NatWest for the refinancing of my 2 bedroom flat is to be issued by the end of next week. Are you able to put forward a low cost conveyancing solicitor in Piccadilly?
You have come to the wrong place to search for cut-price fees for conveyancing solicitors in Piccadilly. Our aim is to provide affordable conveyancing but we do not work with the cheapest lawyers. Do not be seduced by organisations seducing you with low cost conveyancing in Piccadilly. The optimum result, in choosing a lawyer for cheap conveyancing, you will end up with what you pay for and at worst you will end up paying a lot in additional fees and still not get the service you were hoping for.
Is there a reason why leasehold purchase conveyancing in Piccadilly is more expensive?
The conveyancing charges for a leasehold premises in Piccadilly is inevitably higher when contrasted to a freehold transaction. This is because there is an amount of additional investigations necessary in liaising with the freeholder and management company to collate the evidence about whether the rent and service charges have been paid and whether there are any large sums expected to be spent in the near future on repairs or maintenance of the building.
Having invested time researching consumer advice sites for an online lawyer in Piccadilly, most say that I should instruct a CQS accredited solicitor. What is CQS?
Piccadilly Conveyancing Quality Scheme practices have been granted accreditation under the Law Society's Scheme (CQS) The Law Society created CQS to promote high standards in the in the legal transfer of properties. CQS enables consumers to identify practices that provide a quality residential conveyancing. Piccadilly is one of the many areas in England and Wales in which CQS have offices. The conveyancing scheme obliges law firms to undergo a strict assessment, compulsory training, self-reporting, spot checks and yearly assessments in order to maintain CQS status. It is open only to members of the Law Society who meet the demanding standards set by the scheme and has the support of the Association of British Insurers.
I have been on the look out for a leasehold apartment up to £195,000 and found one near me in Piccadilly I like with a park and station nearby, the downside is that it's only got 52 remaining years left on the lease. I can't really find anything else in Piccadilly in this price bracket, so just wondered if I would be making a mistake acquiring a short lease?
Should you need a mortgage that many years may be a potential deal breaker. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least 2 years you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this.
Estate agents have just been given the go-ahead to market my ground floor apartment in Piccadilly. Conveyancing is yet to be initiated, but I have recently received a quarterly service charge demand – what should I do?
It best that you pay the maintenance contribution as normal because all ground rent and service payments will be apportioned as part of the financial calculations for completion monies, so you will be reimbursed by the buyer for the period running from after the completion date to the subsequent invoice date. Most managing agents 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.
After months of dialogue we cannot agree with our landlord on how much the lease extension should cost for our flat in Piccadilly. Can we issue an application to the Residential Property Tribunal Service?
You certainly can. We are happy to put you in touch with a Piccadilly conveyancing firm who can help.
An example of a Lease Extension decision for a Piccadilly residence is Flat 1 3 Upper Belgrave Street in December 2010. The Tribunal determined that the price payablefor the Lease extension in respect of the subject premises was £2,202,007 This case related to 1 flat. The unexpired term was 21 years.
Is planning permission necessary to split a single dwelling into a couple of appartments in Piccadilly? This has been done to a property opposite to my house in Piccadilly and was not aware of it happening until after the works were done.
Planning permission is necessary for converting a single house in Piccadilly into apartments but possibly not for converting once again to single dwelling-house so, simply put, yes.