I instructed a Witham based firm for our conveyancing in Witham recently. After carefully reading the Terms I noteI am on the hook for charges even if our purchase doesn't happen. Should I go with them or appoint a web based conveyancing company promoting no-sale-no-fee conveyancing in Witham?
It is usually ‘give and take’ in that if "No Completion No Fee" is offered then the fee levels will tend to be be uplifted to counteract those cases that do not go ahead. Also remember that such schemes generally do not protect you from expenses by way of example Witham conveyancing search fees.
Finally the sale completed on my house in Witham last May yet the purchaser is e-mailing every few hours to moan that her solicitor needs to hear from mine. What should have happened now that I have sold?
Following your sale your lawyer should forward the transfer documentation and all supplemental paperwork to the purchaser's lawyers. Where relevant, your lawyer must also send confirmation that the legal charge in favour of the lender has been repaid to the buyers conveyancers. There are no post completion tasks just for conveyancing in Witham.
Are there restrictive covenants that are commonly identified during conveyancing in Witham?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Witham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I have been on the look out for a leasehold apartment up to £305k and identified one close by in Witham I like with amenity areas and railway links in the vicinity, however it's only got 61 years on the lease. There is not much else in Witham for this price, so just wondered if I would be making a grave error buying a short lease?
Should you need a mortgage that many years will likely be a potential deal breaker. Reduce the price by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for a minimum of twenty four months you can request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
My company is wishing to lease a unit on the high street. Can you recommend solicitors offering no-move-no charges for commercial conveyancing in Witham for under £2000?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Witham, including the sale and purchase of businesses as well as simply premises. Whether you are hoping to purchase or dispose of a shop, pub, restaurant, office, retail premises or a complete business we can find you the right lawyer. As for the fees this will depend on the structure and nuances of the proposed transaction. Let us have your details or call so as to enable us to supply you with comprehensive commercial conveyancing quote.
If all goes to plan we aim to complete the sale of our £175,000 flat in Witham next Wednesday. The landlords agents has quoted £372 for Certificate of Compliance, insurance certificate and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a flat conveyance in Witham?
For most leasehold sales in Witham conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
Addressing pre-contract enquiries
Where consent is required before sale in Witham
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I own a studio flat in Witham, conveyancing having been completed March 1997. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Witham with over 90 years remaining are worth £216,000. The ground rent is £50 yearly. The lease expires on 21st October 2092
You have 69 years remaining on your lease we estimate the premium for your lease extension to span between £9,500 and £11,000 as well as legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.