Would the conveyancing solicitors listed on your site perform attended exchange conveyancing in St Johns?
There are a few conveyancing specialists who can conduct 24hr exchanges. Please e-mail us to receive a costs illustration and details as to availability.
Is there a reason why leasehold purchase conveyancing in St Johns costs more?
The conveyancing charges on a leasehold premises in St Johns is inevitably higher than on a freehold transaction. This is because there is an amount of supplemental work necessary in dealing with the freeholder and management company to collate the information concerning whether the rent and service charges have been discharged and whether there are any significant expenditure in the near future on repairs or maintenance of the building.
four months have elapsed following my purchase conveyancing in St Johns completed. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Over the last few months I have been searching for a flat up to £245,000 and identified one near me in St Johns I like with amenity areas and station nearby, however it's only got 51 remaining years left on the lease. I can't really find anything else in St Johns in this price bracket, so just wondered if I would be making a grave error buying a short lease?
If you require a mortgage that many years may be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of 2 years you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this matter.
What are your top tips when it comes to finding a St Johns conveyancing firm to deal with our lease extension?
When appointing a conveyancer for lease extension works (regardless if they are a St Johns conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you make enquires with two or three firms including non St Johns conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be of use:
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What are the costs for lease extension work?
Having spent months of correspondence we cannot agree with our landlord on how much the lease extension should cost for our flat in St Johns. Can we issue an application to the Residential Property Tribunal Service?
in cases where there is a missing freeholder or where there is dispute about what the lease extension should cost, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to decide the price.
An example of a Lease Extension matter before the tribunal for a St Johns residence is 73 Walerand Road in August 2012. the result of the findings of the Tribunal led to a premium to be paid for the extended lease in respect of Flat 73 in the sum of £10,040. The premium applicable in respect of Flat 85 was £5,710. This case was in relation to 2 flats. The unexpired term was 72 years.
How much experience do your St Johns conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
St Johns conveyancing lawyers help thousands of buyers move home every year and supported plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique St Johns conveyancers have worked on recent similar cases.