After what seems like an age a loan offer from Nationwide for the remortgage of my 4 room flat is expected within the next few days. Are you able to put forward a cheap conveyancing law firm in Bosham?
This site is not designed to help those in pursuit of the lowest fares for conveyancing in Bosham. We can offer you affordable conveyancing but our intention is not to work with the cheapest lawyers. Resist the temptation to appoint brokers offering low cost conveyancing in Bosham. The optimum outcome, in going for low cost conveyancing, you will get your money’s worth and at worst you will end up invoiced for extras and still not end up with the service expected.
Are there restrictive covenants that are commonly identified as part of conveyancing in Bosham?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Bosham. 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…’
About to purchase a new build apartment in Bosham. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Bosham
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Please supply a car parking plan. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. There must be mutual enforceability of lessee’s covenants. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
I am looking for a flat up to £305k and identified one close by in Bosham I like with open areas and transport links nearby, however it's only got 61 years unexpired on the lease. There is not much else in Bosham in this price bracket, so just wondered if I would be making a mistake purchasing a short lease?
If you need a home loan that many years may be problematic. Reduce the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least 2 years you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this.
As co-executor for the will of my uncle I am disposing of a property in Monmouth but I am based in Bosham. My lawyer (approximately 250 kilometers from meneeds me to sign a statutory declaration before completion. Can you recommend a conveyancing practitioner in Bosham who can witness and place their company stamp on the document?
Technically speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally or notary public or solicitor will do regardless of whether they are Bosham based
I am hoping to complete next month on a basement flat in Bosham. Conveyancing lawyers assured me that they will have a report out to me within the next couple of days. What should I be looking out for?
Your report on title for your leasehold conveyancing in Bosham should include some of the following:
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Repair and maintenance of the premises specifics of the parties to the lease, for example these could be the tennant, head lessor, freeholder You should be sent a copy of the lease The total ownership of the property. This could be the flat itself but might include a roof area or cellar if applicable. You must be told what counts as a Nuisance in the lease
I inherited a 2 bed flat in Bosham, conveyancing formalities finalised half a dozen years ago. Can you work out an approximate cost of a lease extension? Similar flats in Bosham with a long lease are worth £265,000. The ground rent is £50 per annum. The lease ceases on 21st October 2101
With just 76 years left to run we estimate the price of your lease extension to span between £8,600 and £9,800 as well as legals.
The figure above a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of detailed investigations. Do not use this information in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.