Just been in touch with my conveyancing solicitor in Ruislip who conducted the legals two years ago requesting a conveyancing quote based on an identical type of house sale & purchase (a leasehold premises and a freehold premises) of almost identical values with a home loan from Chelsea Building Society. I am now being quoted double. Should I hunt for a cheaper internet conveyancer?
The costs illustration is slightly on the expensive side. If you shop around you might get the conveyancing a bit cheaper by say a hundred pounds. That being said, assuming were happy with the service the firm provided you mightlive to rue opting for an an untested lawyer. If is important to check the solicitor can act for Chelsea Building Society. Do use our search tool to choose a Ruislip conveyancing firm on the Chelsea Building Society member panel, which can often include conveyancing solicitors in Ruislip.
We are a couple about to exchange contracts for a leasehold flat in Ruislip. We encountered a problem. The mortgage offer with Norwich and Peterborough Building Society runs out on 14/10/2019 but the sellers are insisting on a completion date of 16/10/2019. Is it possible to prolong the mortgage offer?
The best person to deal with your question is your conveyancer who is in a position to calculate whether he or she is should be discussing with the mortgage broker, vendor’s lawyers, estate agents or possibly all parties given what has gone on in your conveyancing as of today.
Can I use your services to find a Conveyancing solicitor in Ruislip even if I’m not purchasing or selling a house, for instance where I wish to acquire a shop in Ruislip with a loan from Bank of Ireland?
Our search tool is mainly used to select residential conveyancing solicitors in Ruislip but we have recorded towards the end of this page a selection of Ruislip commercial conveyancing firms. You should enquire with the solicitors directly to see if they are also authorised to represent Bank of Ireland
A colleague advised me that where I am purchasing in Ruislip I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is sometimes included in the estimate for your Ruislip conveyancing searches. It is not a small report of more than thirty pages, listing and detailing significant information about Ruislip around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Local Education with plans and statistics, Local Amenities and other useful data regarding Ruislip.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Ruislip?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Ruislip. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am attracted to a couple of flats in Ruislip both have in the region of forty five years remaining on the leases. Will this present a problem?
There is no doubt about it. A leasehold apartment in Ruislip is a wasting asset as a result of the shortening lease. The nearer the lease gets to zero years unexpired, the more it reduces the marketability of the property. For most purchasers and mortgage companies, leases with under eighty years become less and less attractive. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the premises for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of premises with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Ruislip conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. A more straightforward and quicker method of extending would be to contact your landlord directly and sound him out on the prospect of extending the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.
After months of dialogue we simply can't agree with our landlord on how much the lease extension should cost for our flat in Ruislip. Can we issue an application to the Residential Property Tribunal Service?
Most certainly. We can put you in touch with a Ruislip conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Ruislip premises is Flat 72 Queens Walk in January 2013. The Tribunals calculated the premium payable to be £22,090. This case affected 1 flat. The remaining number of years on the lease was 53.26 years.