Can you suggest a Nationwide Building Society approved Seaburn conveyancing firm who can have us moved in within 28 days? Would it be better to use a high street Seaburn firm or a factory type conveyancer?
We would be happy to suggest some excellent Seaburn conveyancing firms. Another option is to visit the high street in Seaburn. Visit some well established firms and request to see a conveyancing solicitor for a costs illustration. Explain your time frames together with your reasons and get a commitment on speed. Choose the lawyer that genuine.
I own a freehold property in Seaburn but still pay rent, why is this and what is this?
It’s unusual for properties in Seaburn and has limited impact for conveyancing in Seaburn but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for many centuries, but the Rent Charge Act 1977 barred the establishment of fresh rentcharges from 1977 onwards.
Old rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence post 2037 will be extinguished.
We are due to move home in June. Should my conveyancing solicitor update the removal company on the completion day. Incidentally, can you put forward a removal company in Seaburn. Conveyancing lawyer was organised before I stumbled across your website.
On the afternoon of completion you will need to pick up the keys from your property agent but this should only be done when the vendors solicitors advise the agent that they acknowledge receipt of the completion payment and the keys can be collected. Subsequently you will need to inform the removal company that they can start moving you in. We do not recommend a particular removal company but can help you choose a residential property solicitor in Seaburn or a legal practice that specialises in conveyancing in Seaburn.
After months of negotiation I have agreed a price on an apartment in Seaburn. My mortgage broker recommended their conveyancers. I paid an on account payment of £200. Soon after, the solicitor contacted me to say that they were not on the RBS conveyancing panel. Am I right in thinking that I should be due a refund?
You should be able to recover this from the law firm if they were not on the RBS panel. They should have asked at the outset which lender you were obtaining a mortgage with. An important lesson to readers of this site is to check that the lawyers are on the appropriate lender panel.
Our offer on a semi in Seaburn has been agreed to, but there is a chain. The vendors have placed an offer on somewhere, however it’s not yet agreed to, and have viewings of other flats in the pipeline. I have instructed a local conveyancing solicitor in Seaburn. What do I do now? When do I get the mortgage application with Leeds Building Society started?
It is usual to have apprehensions where there is a chain as you are unlikely to want to incur costs too early (mortgage application is in the region of one thousand pounds, then valuation, Seaburn conveyancing search costs, etc). The first thing to do is ensure that your solicitor is on the Leeds Building Society conveyancing panel. Concerning the subsequent steps this very much dictated by the uniqueness of your transaction, motivation for the property and on the state of the market. During a buoyant market the majority of buyers would apply for the mortgage with Leeds Building Society and pay for the valuation and only if it comes back ok would they request their property lawyer to proceed with the conveyancing in Seaburn.
I am looking for a leasehold apartment up to £195,000 and identified one round the corner in Seaburn I like with a park and transport links in the vicinity, however it's only got 49 years on the lease. There is not much else in Seaburn for this price, so just wondered if I would be making a mistake purchasing a short lease?
Should you require a mortgage that many years may be problematic. Discount the offer by the expected lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.
Given that I am about to spend hundreds of thousands of pounds on a two bedroom apartment in Seaburn I would like to talk to a lawyer about mytransaction ahead of giving the go ahead to the firm. Can this be arranged?
Absolutely - we would be delighted to talk to you we do not take any clients on without you liaising with the lawyer due to be conducting your property ownership legalities in Seaburn.There is no ‘factory style conveyancing’ - each client is unique person, not a file number. The practices that we put you in touch with believe that the fees you are provided with for residential conveyancing in Seaburn should be the figure that you are charged.
I today plan to offer on a house that seems to meet my requirements, at a reasonable figure which is making it all the more appealing. I have just been informed that it's a leasehold as opposed to freehold. I would have thought that there are issues buying a leasehold house in Seaburn. Conveyancing solicitors have are about to be instructed. Will my lawyers set out the implications of buying a leasehold house in Seaburn ?
The majority of houses in Seaburn are freehold rather than leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can assist with the conveyancing process. We note that you are buying in Seaburn so you should seriously consider looking for a Seaburn conveyancing solicitor and be sure that they have experience in advising on leasehold houses. First you will need to check the unexpired lease term. As a tenant you will not be at liberty to do whatever you want with the house. The lease will likely included provisions such as obtaining the landlord’spermission to conduct changes to the property. You may also be required to pay a service charge towards the maintenance of the communal areas where the house is located on an estate. Your conveyancer should appraise you on the various issues.
Seaburn Conveyancing for Leasehold Flats - Sample of Questions you should ask Prior to Purchasing
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It would be a good idea to investigate if there is anything that is prohibited in the lease. For instance it is reasonably common in Seaburn leases that pets are not allowed in in a block in Seaburn. If you like the propertyin Seaburn but your cat is not allowed to make the move with you then you will be faced difficult decision. The best form of lease structure is where the freehold interest is owned by the leaseholders. In this scenario the tenants benefit from control and notwithstanding that a managing agent is frequently retained where it is larger than a house conversion, the managing agent employed by the leaseholders. Is the freehold owned jointly by the leaseholders?