Having been suggested to visit your web site we were about to appoint conveyancing solicitor in Shaftesbury found on your site but stumbled across some other costs illustrations via the web seem less expensive – how come?
One can find many firms of websites advertising self styled £99 conveyancing, unfortunately it’s common in such cases for extracharges result in the final fee being inflated. Solicitors are duty bound to ensure charges set out in terms and conditions should be fair and reasonable invoiced The solicitors that we list for conveyancing in Shaftesbury genuinely set out all costs for a standard conveyancing case.
I have recentlybeen informed that Wolstenholmes have been shut down. They carried out my conveyancing in Shaftesbury for a purchase of a leasehold apartment 9 months ago. How can I establish that the property is not still registered in the name of the previous owner?
The quickest way to check if the property is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Shaftesbury conveyancing specialists.
I am buying a new build flat in Shaftesbury. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Shaftesbury
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Forfeiture - bankruptcy or liquidation must not apply under this provision. Please supply a car parking plan. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
I decided to have a survey done on a house in Shaftesbury in advance of retaining solicitors. I have been informed that there is a flying freehold aspect to the house. Our surveyor has said that some lenders may refuse to issue a loan on this type of home.
It depends who your proposed lender is. Bank of Scotland has different requirements from Halifax. Should you wish to call us we can look into this further via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Shaftesbury. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Shaftesbury to see if the conveyancing costs will increase in light of this.
We expect to complete the disposal of our £350,000 garden flat in Shaftesbury in nine days. The management company has quoted £420 for Landlord’s certificate, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Shaftesbury?
Shaftesbury conveyancing on leasehold apartments usually results in administration charges invoiced by management companies :
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Addressing pre-exchange questions
Where consent is required before sale in Shaftesbury
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I invested in buying a 1st floor flat in Shaftesbury, conveyancing having been completed in 2007. How much will my lease extension cost? Similar flats in Shaftesbury with over 90 years remaining are worth £265,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease runs out on 21st October 2098
With just 76 years unexpired we estimate the price of your lease extension to span between £8,600 and £9,800 plus costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.
I am short of a 10% deposit on my apartment purchase in Shaftesbury , but I still want to go ahead. Do I have options?
You can agree a lower deposit. Most property owners will agree to a lesser deposit or even no deposit for a first time buyer or 100% mortgage. Be aware though that if you fail to complete you will still need to hand over a minimum of 10% of the purchase price regardless of how much deposit was agreed.
You can also agree a simultaneous exchange and completion as no deposit is required for this however neither party will be tied in until completion actually takes place and it can be risky if sellers change their mind at the last second