Why would I use a Shoreditch conveyancing firm given that national alternatives are cheap by comparison?
By all means make sure that you get 2 or 3 like-for-like quotes for conveyancing costs in Shoreditch and you should seek an affordable fee calculation but don’t become consumed with sourcing the lowest priced Shoreditch conveyancer. Locating the right conveyancer can mark the distinction between a seamless and a frustrating home move. It is important that you ensure that you have expert advice from a trusted solicitor. An e-mail can never replace a telephone conversation and can never replicate a one to one consultation. Our partner firms will allocate you a qualified and trusted conveyancing solicitor who can deal with your conveyancing from start to finish, providing a level of personalised service that you will never get with an internet conveyancer. He or She will keep you updated as to headway and keep you informed. Should you need to contact the office you will know who to ask for and we'll be sure you're not left wondering what's going on.
Will lawyers ask for money up-front for my conveyancing in Shoreditch?
Where you are retaining lawyers for conveyancing in Shoreditch your lawyer will request that you place them with funds to cover the search fees. This will be the total of the cost of the conveyancing searches. When the deposit is as part of the purchase price then this should be needed shortly before exchange of contracts. The final balance that is due should be transferred a couple of days ahead of the day of completion.
My relative recommended that where I am buying in Shoreditch I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes included in the estimate for your Shoreditch conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Shoreditch 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 Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful data concerning Shoreditch.
The deeds to my home can not be found. The lawyers who conducted the conveyancing in Shoreditch 5 years ago no longer exist. What are my options?
In today’s world there are duplicates made of almost everything, and your conveyancer should be aware exactly where to find all the relevant paperwork so you may purchase or sell your house without a hitch. Where copies can’t be located, your lawyer can arrange cover in the form of insurance or indemnities against future claims on the premises.
We're FTB’s - had an offer accepted, but the agent told us that the vendor will only go ahead if we use the agent's chosen conveyancers as they need a ‘quick sale’. My instinct tells me that we should use a family conveyancer who is familiar with conveyancing in Shoreditch
It is improbable the owners are behind this. If they want ‘a quick sale', turning down a serious purchaser is going to damage their objectives. Bypass the agents and go straight to the sellers and make sure they comprehend that (a)you are serious buyers (b)you are ready to progress, with finances in place © you do not need to sell (d) you wish to move quickly (e)but you are going to instruct your own,trusted Shoreditch conveyancing solicitors - rather thanthe ones that will give the estate agent a commission or hit his conveyancing thresholds set by HQ.
Do you have any advice for leasehold conveyancing in Shoreditch from the point of view of saving time on the sale process?
- Much of the delay in leasehold conveyancing in Shoreditch can be reduced if you get in touch lawyers as soon as you market your property and request that they start to collate the leasehold documentation which will be required by the buyers’ lawyers. You may think that you are aware of the number of years left on your lease but it would be advisable verify this via your solicitors. A purchaser's conveyancer will not be happy to advise their client to proceed with the purchase of a leasehold property the remaining number of years is under 75 years. It is therefore important at an as soon as possible that you identify whether the lease requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale. Some Shoreditch leases require Licence to Assign from the landlord. If this applies to your lease, you should notify your estate agents to make sure that the purchasers obtain bank and professional references. Any bank reference should make it clear that the buyer is financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their lawyers. If you are supposed to have a share in the Management Company, you should ensure that you hold the original share document. Arranging a re-issued share certificate can be a time consuming formality and slows down many a Shoreditch home move. Where a new share is necessary, you should approach the company officers or managing agents (where applicable) for this sooner rather than later. If you have had any disputes with your landlord or managing agents it is essential that these are settled prior to the flat being put on the market. The buyers and their solicitors will be warry about purchasing a flat where there is a current dispute. You will have to accept that you will have to pay any arrears of service charge or resolve 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 will still have to reveal details of the dispute to the purchasers, but it is better to reveal the dispute as historic rather than unsettled.
Having spent months of dialogue we are unable to agree with our landlord on how much the lease extension should cost for our flat in Shoreditch. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
if there is a missing freeholder or where there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to assess the price payable.
An example of a Lease Extension case for a Shoreditch premises is 137 & 139 Haberdasher Street in December 2013. The Tribunal determines in accordance with section 48 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 that the premium for the extended lease for each Property should be £12,350.00. This case related to 2 flats. The unexpired term was 72.39 years.