My IFA has asked me for my Saltash solicitor’s panel member for the Santander conveyancing panel. Can you suggest how I find this out. I have called my local Saltash office but they have not got back to me yet.
You are best placed to get this information from your Saltash solicitor . They maintain a central record lender panel numbers.
We have rather brash sellers who has recommended a preliminary contract with a non-refundable deposit two thousand pounds. Are such agreements recommended for Saltash conveyancing transactions?
Exclusivity contracts are agreements binding a property vendor and purchaser giving the buyer exclusive rights to purchase the premises within a prescribed time frame. For all intents and purposes, an exclusivity is a document stating that you should have a contract at a later time which is the contract for the actual sale. It tends to be used for buyer assurance though in some cases, the vendor may stand to benefit from such agreements as well. There are various positives and negatives to having an agreement but you need to check with your lawyer but beware that it may result in incurring extra in conveyancing fees. In light of these reasons these agreements are rare when it comes to conveyancing in Saltash.
We are buying a flat and require a conveyancing solicitor in Saltash who is on the Nottingham approved panel. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Nottingham . We don't recommend any particular firms conducting conveyancing in Saltash.
I am looking for a leasehold apartment up to £245,000 and identified one near me in Saltash I like with a park and transport links in the vicinity, the downside is that it's only got 49 years on the lease. There is not much else in Saltash for this price, so just wondered if I would be making a mistake purchasing a short lease?
If you require a home loan the remaining unexpired lease term will be a potential deal breaker. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of 2 years you could ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this.
I am a sole trader planning to take an assignment of a lease of a shop on the high street. Can you recommend conveyancers offering no-move-no costs for commercial conveyancing in Saltash for less than £2000?
We can recommend firms who have well rounded knowledge of commercial conveyancing in Saltash, including the sale and acquisition of businesses as well as simply premises. If you are intending to acquire or lease a shop, pub, restaurant, office, retail unit or a whole business we can find you the right firm. Regarding the charges this will depend on the structure and terms of the proposed transaction. Let us have your details or phone us so that we can provide you with a fixed commercial conveyancing quote.
Can you provide any advice for leasehold conveyancing in Saltash from the point of view of saving time on the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Saltash can be avoided if you get in touch lawyers the minute you market your property and request that they start to collate the leasehold documentation needed by the purchasers’ solicitors. In the event that you altered the property did you need the Landlord’s consent? In particular have you laid down wooden flooring? Most leases in Saltash state that internal structural alterations or laying down wooden flooring calls for a licence issued by the Landlord approving such alterations. If you dont have the paperwork to hand do not contact the landlord without contacting your lawyer before hand. You believe that you know the number of years remaining on your lease but it would be wise to double-check by asking your lawyers. A buyer’s lawyer will be unlikely to recommend their client to proceed with the purchase of a leasehold property the lease term is under 80 years. It is therefore essential at an as soon as possible that you consider whether the lease for your property needs extending. If it does, contact your solicitors before you put your home on the market for sale. If you have had conflict with your freeholder or managing agents it is very important that these are resolved prior to the flat being put on the market. The buyers and their solicitors will be reluctant to purchase a property where a dispute is unresolved. You will have to accept that you will have to pay any arrears of service charge or settle the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose particulars of the dispute to the buyers, but it is clearly preferable to present the dispute as over rather than unresolved.
Saltash Leasehold Conveyancing - Examples of Queries Prior to buying
What is the yearly maintenance fee and ground rent? Who is in charge of the block?