My best friend’s step-father is a solicitor. I expect that I'll be able to get mate’s pricing for conveyancing, but if not, what kind of fees would I typically be looking at for conveyancing in Ruxley?
You should contrast pricing. Do use our search tool on this site. The prices seem to contrast greatly but service levels do differ between conveyancers as is true with most professions.
I am purchasing a property mortgage free in Ruxley. I have resided for the previous 15 years in Ruxley. Conveyancing searches are a lot of money. As I know the area and road very well should I not bother getting the solicitor to do all the conveyancing searches?
In the absence of a mortgage, then all but one or two of the Ruxley conveyancing searches are at your discretion. Your conveyancer will ’encourage you, perhaps strongly, that you should have searches carried out, but she is duty bound to do this. One thing to take into account; if you are intend to dispose of the house one day, it may be of interest to your prospective buyer what the searches contain. There are plenty of instances where properties with day to day issues can still show up detrimental search results. A good conveyancing solicitor in Ruxley should provide you some helpful advice in this regard.
Having sold my house in Ruxley last May yet the purchaser is calling every few hours complaining that their conveyancer is waiting to hear from mylawyer. What should have happened following completion?
After completion of your sale your conveyancer should deliver the transfer documentation and all additional paperwork to the purchaser's solicitors. Where appropriate, your conveyancer should also confirm that the mortgage has been discharged to the purchasers conveyancers. There are no post completion tasks unique to conveyancing in Ruxley.
I am buying a new build house in Ruxley with a mortgage from Alliance & Leicester . The sellers refused to reduce the amount so I negotiated five thousand pounds worth of additionals instead. The house builders rep told me not to tell my solicitor about this deal as it could impact my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I need to find a conveyancing solicitor for freehold conveyancing in Ruxley. I have discover a web site which looks to be the ideal answer If there is a chance to get all the legals done via web that would be preferable. Do I need to be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am employed by a long established estate agency in Ruxley where we have witnessed a few leasehold sales derailed due to leases having less than 80 years remaining. I have been given conflicting advice from local Ruxley conveyancing firms. Could you shed some light as to whether the owner of a flat can commence the lease extension formalities 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. The benefit of this is that the buyer can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder 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.
I am the registered owner of a a ground floor purpose built flat in Ruxley. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the amount payable for a lease extension?
Most definitely. We are happy to put you in touch with a Ruxley conveyancing firm who can help.
An example of a Lease Extension case for a Ruxley premises is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case affected 1 flat.