IfI were to purchase a freehold propertyin Thornbury for cash and dispense with a survey and no local authority searches how much could I expect to have to pay for conveyancing in Thornbury?
Any savings you would make would be limited to the Thornbury conveyancing searches. Your conveyancer still be obliged to do everything else - money laundering, communicating with the sellers conveyancing practitioner, SDLT return, register the ownership etc. A marginal saving might be made by not having to register a charge but it won't be significant.
We're in Thornbury, First timers purchasing with a mortgage (lender is Kent Reliance , and our lawyer is on the Kent Reliance conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Kent Reliance conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no solicitor should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Thornbury. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Thornbury
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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. Please provide evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
Given that I am about to spend 450k on a garden flat in Thornbury I would like to talk to a lawyer regarding thehouse move prior to appointing the firm. Can this be arranged?
Absolutely - it is our preference to talk to you we do not take any clients on without you speaking to the conveyancer due to be conducting your conveyancing in Thornbury.There is no ‘factory style conveyancing’ - every client is an important individual, not a file reference. The practices that we put you in touch with believe that the fees you are calculated and presented to you for residential conveyancing in Thornbury should be the amount on the final invoice that you end up paying.
My husband and I are 18 days into a freehold purchase having been referred to conveyancers by the high street agent to handle our conveyancing in Thornbury. I am not happy. Can you help me find new conveyancers?
A solicitor would have to be really bad in order to consider replacing them. Has your loan offer been issued? If so you need to make them aware of the new lawyer and ensure the loan are re-sent. Your new conveyancer needs to be on the banks approved list to avoid escalating expenses and delays. So that should be your starting point. The search tool can assist you in finding a lender approved lawyer for your home move in Thornbury
I have recently realised that I have 68 years remaining on my flat in Thornbury. I now want to extend my lease but my landlord is can not be found. What options are available to me?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. You will be obliged to prove that you or your lawyers have done all that could be expected to find the lessor. On the whole a specialist may be useful to try and locate and to produce a report which can be used as proof that the landlord can not be located. It is advisable to get professional help from a conveyancer in relation to devolving into the landlord’s absence and the vesting order request to the County Court covering Thornbury.
I bought a studio flat in Thornbury, conveyancing formalities finalised October 2000. Can you give me give me an indication of the likely cost of a lease extension? Similar flats in Thornbury with an extended lease are worth £265,000. The ground rent is £50 yearly. The lease ends on 21st October 2097
With just 76 years remaining on your lease we estimate the price of your lease extension to span between £8,600 and £9,800 as well as costs.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.