We are selling our house in Bedford Hill and the buyers lawyers are claiming that there is a possibility that the property was constructed land that was not decontaminated. Any local lawyer would know this is not the case. For the life of me I don't know why the purchasers instructed a web based conveyancing practice rather than a conveyancing solicitor in Bedford Hill. We have lived in Bedford Hill for many years we know that this is a non issue. Do we get in touch with our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
I have been on the look out for a flat up to £235,500 and found one near me in Bedford Hill I like with open areas and railway links nearby, however it only has 51 years unexpired on the lease. There is not much else in Bedford Hill in this price bracket, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a home loan that many years will be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the property for a minimum of twenty four months you could request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor regarding this matter.
What makes your site different to other internet conveyancing brokers when it comes to conveyancing in Bedford Hill?
At this site secure a fixed fee costs illustration via a Solicitor or Licensed Conveyancer that understands the issues of your conveyancing in Bedford Hill. Unlike many estate agents and brokerage sites we are not in the business of charging firms a fee if you select them for your conveyancing in Bedford Hill
My brother has suggested that I use his conveyancers in Bedford Hill. Do I follow his recommendation?
Much as we are happy to recommend a Bedford Hill conveyancing lawyer the ideal way to choose a conveyancing solicitor is to seek referrals from friends or family who have used the solicitor you're contemplating using.
Can you offer any advice when it comes to finding a Bedford Hill conveyancing firm to deal with our lease extension?
When appointing a conveyancer for lease extension works (regardless if they are a Bedford Hill conveyancing firm) it is most important that they be familiar with the legislation and specialises in this area of conveyancing. We suggest that you talk with several firms including non Bedford Hill conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions could be of use:
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If they are not ALEP accredited then why not?
I am the registered owner of a first floor flat in Bedford Hill. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the premium payable for a lease extension?
Absolutely. We are happy to put you in touch with a Bedford Hill conveyancing firm who can help.
An example of a Lease Extension case for a Bedford Hill residence is First Floor Flat 152a Ramsden Road in June 2009. The net result of the tribunals calculation produced a premium payable of £23,975. This case was in relation to 1 flat. The unexpired residue of the current lease was 56.67 years.
Me and my husband have agreed a price on a Bedford Hill property left to us ten years ago in 2012. I have over a decades worth of conveyancing experience and, now retired, wish to undertake my own legal work. The buyer's property lawyer has informed me that their mortgage company will not allow you to do your own conveyancing as they require the funds to be transferred to a solicitor's bank account.
Mortgage instructions to property lawyers from all CML members specify that If the seller does not have legal representation the borrower's lawyers should check whether the bank needs to be informed so that a decision can be made as to whether or not they are willing to proceed.