We are planning to acquire a house and need a conveyancing solicitor in Yaxley who is on the Principality 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 Principality . We don't recommend any particular firms conducting conveyancing in Yaxley.
Should commercial conveyancing searches reveal planned roadworks that may affect a commercial site in Yaxley?
Its becoming the norm that commercial conveyancing solicitors in Yaxley will execute a SiteSolutions Highways report as it reduces the time that conveyancers spend in sourcing accurate data on highways that impact buildings and development assets in Yaxley. The report sets out definitive data 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 Yaxley.
For each commercial conveyancing transaction in Yaxley it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately could cause delays to Yaxley commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Yaxley.
Despite weeks of looking the Title Certificate and documents to my house are lost. The solicitors who did the conveyancing in Yaxley 4 years ago are no longer around. What do I do?
Nowadays there are duplicates made of almost everything, and your lawyer will know precisely where to find all the relevant paperwork so you may purchase or dispose of your house without a hitch. If duplicates can’t be located, your lawyer can put in place insurance or indemnities protecting you against possible claims on your premises.
I opted to have a survey carried out on a house in Yaxley ahead of instructing solicitors. I have been advised that there is a flying freehold overhang to the house. My surveyor advised that some mortgage companies may not grant a loan on such a premises.
It varies from the lender to lender. HSBC has different instructions from Nationwide. Should you wish to telephone us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Yaxley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Yaxley to see if the conveyancing costs will increase in light of this.
I am looking to sell my property. My previous lawyers have shut. I would be grateful for any recommendation of a conveyancing firm. Im based in Yaxley if that makes a difference.
You should use our search tool to help you choose a solicitor for your conveyancing in Yaxley. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move goes smoothly.
I am looking at a two apartments in Yaxley which have approximately 50 years left on the lease term. Do I need to be concerned?
There are no two ways about it. A leasehold apartment in Yaxley is a wasting asset as a result of the reducing lease term. The nearer the lease gets to zero years unexpired, the more it reduces the salability of the premises. For most purchasers and mortgage companies, leases with under 75 years become less and less attractive. On a more positive note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the premises for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of premises with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Yaxley conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. They may agree to a smaller lump sum and an increase in the ground rent, but to shorter extension terms in return. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.
I purchased a basement flat in Yaxley, conveyancing having been completed half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Yaxley with an extended lease are worth £197,000. The average or mid-range amount of ground rent is £55 per annum. The lease finishes on 21st October 2080
With 55 years remaining on your lease the likely cost is going to be between £31,400 and £36,200 plus legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.