Can your site be used to recommend a Conveyancing solicitor in Ashton even if I’m not buying or selling a house, for example where I intend to acquire an office in Ashton with a loan from The Royal Bank of Scotland?
Our comparison service is predominantly there to help choose residential conveyancing solicitors in Ashton but we have set out towards the end of this page a few Ashton commercial conveyancing firms. You will need to enquire with the company directly to establish if they are also authorised to represent The Royal Bank of Scotland
Are there restrictive covenants that are commonly picked up during conveyancing in Ashton?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Ashton. 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 am looking for a leasehold apartment up to £195,000 and found one round the corner in Ashton I like with amenity areas and station nearby, the downside is that it only has 52 years unexpired on the lease. There is not much else in Ashton for this price, so just wondered if I would be making a grave error acquiring a short lease?
If you require a mortgage the shortness of the lease will be problematic. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for at least twenty four months you can request that they start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer concerning this.
I have been pointed in your direction by a couple of local estate agents in Ashton to locate a property lawyer on your site. What’s the financial advantage for Estate Agents to offer your site over and above a competitor’s?
We don’t make any referral fee for directing people our way. We found it would be just too difficult to pay a commission as home movers will think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I've recently bought a leasehold house in Ashton. Am I liable to pay service charges for periods before completion of my purchase?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I own a 2 bed flat in Ashton, conveyancing formalities finalised in 2012. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Ashton with a long lease are worth £185,000. The ground rent is £65 levied per year. The lease runs out on 21st October 2085
You have 60 years unexpired we estimate the premium for your lease extension to range between £20,000 and £23,000 plus costs.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.
How much experience do your Ashton conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Ashton conveyancing lawyers help thousands of people move home every year and helped plenty of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Ashton conveyancers have worked on recent similar cases.