In the event thatI were to acquire a straightforward homein Broadclyst mortgage fee and have no survey and no conveyancing searches how much should I expect to have to pay for conveyancing in Broadclyst?
The only saving you would achieve is the disbursement for searches. The solicitor still got to do everything else - money laundering, communicating with the sellers lawyer, SDLT submission, register the ownership etc. A slight saving might be made by not needing to register a mortgage but it will not be a lot.
I understand that there are debates on Chancel Insurance on online forums. Do I need chancel insurance when purchasing a house in Broadclyst? or Apparently there is historic law that could mean that house owners residing in a parish church boundary may be liable to pay for maintenance to the chancel in proximity to the church. Is this suitable for conveyancing in Broadclyst?
Unless a prior acquisition of the premises completed post 12 October 2013 you can take it that conveyancing practitioners handling conveyancing in Broadclyst to continue to advocate a chancel search and or insurance against a claim.
I'm buying my first flat in Broadclyst with a loan from Britannia. The sellers would not budge the price so I negotiated £7000 of extras instead. The sale representative suggested that I not disclose to my solicitor about this extras as it would adversely affect my mortgage with Britannia. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
What does commercial conveyancing in Broadclyst cover?
Commercial conveyancing in Broadclyst covers a wide range of advice, provided by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
In my capacity as executor for the estate of my uncle I am selling a house in Monmouth but reside in Broadclyst. My solicitor (based 235 miles awayhas requested that I execute a statutory declaration before the transaction finalising. Can you recommend a conveyancing solicitor in Broadclyst who can witness and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents witnessed by a conveyancing solicitor. Normally any notary public or solicitor will suffice regardless of whether they are Broadclyst based
There are only Seventy years unexpired on my flat in Broadclyst. I am keen to get lease extension but my freeholder is absent. What are my options?
If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be lengthened by the Court. You will be obliged to prove that you have made all reasonable attempts to locate the landlord. In some cases a specialist should be useful to try and locate and to produce a report to be accepted by the court as proof that the freeholder can not be located. It is advisable to get professional help from a property lawyer in relation to devolving into the landlord’s disappearance and the vesting order request to the County Court overseeing Broadclyst.
I acquired a 1 bedroom flat in Broadclyst, conveyancing formalities finalised 9 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Broadclyst with a long lease are worth £202,000. The ground rent is £60 charged once a year. The lease terminates on 21st October 2082
With only 57 years left to run we estimate the premium for your lease extension to be between £28,500 and £33,000 as well as legals.
The suggested premium range that we have given is 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 comprehensive due diligence. 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 want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first getting professional advice.