My best friend’s sister is a solicitor. I hope that I will receive friends and family pricing for conveyancing, but if not, what kind of costs should I be expecting for conveyancing in Soho?
Do compare pricing. Make use of our comparison tool on this page. You will notice that fees will contrast greatly but service levels do differ between conveyancers as is true with most professions.
We are buying a house and require a conveyancing solicitor in Soho who is on the Clydesdale solicitor panel. Could you point me in the right direction as regards a conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Clydesdale . We don't recommend any particular firms conducting conveyancing in Soho.
How does conveyancing in Soho differ for newly converted properties?
Most buyers of new build premises in Soho come to us having been asked by the seller to sign contracts and commit to the purchase even before the premises is ready to move into. This is because developers in Soho typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Soho or who has acted in the same development.
Due to the advice of my in-laws I had a survey completed on a house in Soho ahead of retaining conveyancers. I have been told that there is a flying freehold element to the house. Our surveyor advised that some banks may refuse to give a loan on a flying freehold premises.
It depends who your proposed lender is. Lloyds has different requirements from Nationwide. If you contact us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Soho. Conveyancing will be smoother if you use a solicitor in Soho especially if they are acquainted with such properties in Soho.
I've recently bought a leasehold house in Soho. Do I have any liability for service charges for periods before my ownership?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I have attempted and failed to negotiate with my landlord to extend my lease without any joy. Can a leaseholder make an application to the Leasehold Valuation Tribunal? Can you recommend a Soho conveyancing firm to represent me?
Absolutely. We are happy to put you in touch with a Soho conveyancing firm who can help.
An example of a Freehold Enfranchisement decision for a Soho property is 20 Avonwick Road in July 2013. The Tribunal was dealing with an application under Section 26 of the Leasehold Reform Housing and Urban Development Act 1993 for a determination of the freehold value of the property. It was concluded that the price to be paid was Fifteen Thousand Nine Hundred and Seventy (£15,970) divided as to £8,200 for Flat 20 and £7,770 for Flat 20A This case related to 1 flat. The remaining number of years on the lease was 73.26 years.
At long last a mortgage agreement from a lender for the remortgage of my 2 bedroom maisonette is due any day now. Could you suggest an efficient remortgage conveyancing practitioner in Soho ?
This site is not designed to help in pursuit of the cheapest conveyancing in Soho. We can offer you value for money conveyancing but we do not advertise as being the cheapest. Avoid the trap of appointing companies offering low cost conveyancing in Soho.At best, in opting for cheap conveyancing, you will get what you pay for and at worst you will end up paying a lot in extras and still not get the service expected.