We are planning to buy with Earl Shilton BS. I called into 3 or 4 local practices yet am unable to find a Baldock conveyancing firm on the Earl Shilton BS panel. Please you help?
You should take advantage of the search tool on this page. Pick the lender and type Baldock or your location and you will see a number of lawyer based in Baldock or by proximity to you.
Will commercial conveyancing searches disclose proposed roadworks that could impact a commercial property in Baldock?
Its becoming the norm that commercial conveyancing solicitors in Baldock will order a SiteSolutions Highways report as it reduces the time that conveyancers spend in researching accurate data on highways that impact buildings and development assets in Baldock. The report provides 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 Baldock.
For every commercial conveyancing transaction in Baldock 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 can cause delays to Baldock commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not conducted for domestic conveyancing in Baldock.
It has been 3 months following my purchase conveyancing in Baldock concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the asset from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I decided to have a survey carried out on a house in Baldock before appointing conveyancers. I have been told that there is a flying freehold overhang to the house. The surveyor has said that some lenders will refuse to issue a mortgage on a flying freehold home.
It depends who your proposed lender is. Lloyds has different requirements from Birmingham Midshires. Should you wish to telephone us we can look into this further via the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Baldock. Conveyancing may be slightly more expensive based on your lender's requirements.
Should I be suspicious that third parties that I am dealing with are recommending an online conveyancing firm rather than a High Street Baldock conveyancing practice?
As is the case with lots of service providers, often suggestions from family and friends can be extremely useful or valuable. Yet there are many players in a conveyancing matter; estate agents, financial adviser and lenders may suggest solicitors to instruct. Sometimes these solicitors might be known to one of the organisations as one of the best in their field, but occasionally there might be a financial incentive behind the endorsement. You are at liberty to choose your own lawyer. Don't forget that the majority of mortgage providers have an approved list of conveyancers you are obliged to use for the mortgage related work in your transaction.
I am employed by a long established estate agency in Baldock where we have witnessed a few leasehold sales jeopardised due to leases having less than 80 years remaining. I have received contradictory information from local Baldock conveyancing solicitors. Could you confirm whether the owner of a flat can start the lease extension formalities for the buyer?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the sale.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Leasehold Conveyancing in Baldock - Sample of Questions you should consider Prior to buying
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How long is the Lease? How much is the ground rent and service charge? Generally speaking the cost for major works are not incorporated into the service charges, albeit that there some managing agents in Baldock ask tenants to pay into a sinking fund and this is used to offset against larger works.