I am need of leasehold conveyancing for a flat in a relatively new development (6 years old) in Sudbury. The vast majority the properties are already occupied. Do I need carry out the conveyancing searches as part of conveyancing in Sudbury?
You would be opening yourself up to an unnecessary risk in refusing to carrying out Sudbury conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal necessity to have them, but we would absolutely advise in the strongest possible terms that your conveyancer conducts them. If time pressures and driving down costs are top of your concerns you should consider with your solicitor about the option of search insurance
I am helping my sister sell her flat in Sudbury. Does the conveyancing solicitor commission an energy assessment or it is for the owner to see to?
After the demise of Home Information Packs, EPC’s became a compulsory part of moving property. An energy assessment should be to hand prior to the property being placed on the market. This is not something that conveyancers normally arrange. Where you are instructing a Sudbury conveyancing lawyer they might be willing to arrange energy performance certificates due to their contacts with reputable local assessors
My partner and I have organised the release of further funds on our mortgage from Nottingham as we wish to carry out a loft conversion to our home in Sudbury. Do we need to appoint a high street Sudbury solicitor on the Nottingham conveyancing panel to handle the legals?
Nottingham would not normally require a member of their approved list of lawyers to handle such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the Nottingham list.
After months of negotiation I have agreed a price on an apartment in Sudbury. My mortgage broker suggested a property lawyer. I paid an upfront payment of £200. Soon after, the solicitor contacted me sheepishly admitting that they were not on the Virgin Money 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 Virgin Money 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.
Will commercial conveyancing searches reveal proposed roadworks that may impact a commercial estate in Sudbury?
Many commercial conveyancing solicitors in Sudbury will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Sudbury. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Sudbury.
For each commercial conveyancing transaction in Sudbury it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately could cause delays to Sudbury commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not ordered for domestic conveyancing in Sudbury.
I have been on the look out for a flat up to £245,000 and identified one near me in Sudbury I like with open areas and station in the vicinity, however it only has 49 years unexpired on the lease. I can't really find anything else in Sudbury suitable, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you need a home loan the remaining unexpired lease term may be a potential deal breaker. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for a minimum of twenty four months you can request that they commence the lease extension formalities and pass it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
I am looking into buying my first house which is in Sudbury and I am already nervous. I couldn't find anything specific about Sudbury. Conveyancing will be needed in due course but do you know about the Sudbury area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Sudbury. In the meantime here are some basic statistics that we found
My wife and I purchased a leasehold house in Sudbury. Conveyancing and Yorkshire Building Society mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1998. The conveyancing solicitor in Sudbury who previously acted has now retired. Do I pay?
The first thing you should do is contact HMLR to be sure that the individual purporting to own the freehold is in fact the new freeholder. You do not need to instruct a Sudbury conveyancing solicitor to do this as you can do this on the Land Registry website for a few pound. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can the Leasehold Valuation Tribunal adjudicate on such issues? Can you recommend a Sudbury conveyancing firm to help?
Absolutely. We are happy to put you in touch with a Sudbury conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Sudbury premises is Ground Floor Flat 79 London Road in September 2012. the Tribunal held that the premium payable for the lease extension should be £7,636 This case affected 1 flat. The number of years remaining on the existing lease(s) was 74 years.