I am buying a terraced house in Byfleet. Conveyancing solicitors are said to be ‘a necessary evil’ but can I do it myself?
Leaving aside the complexities and merits of DIY conveyancing in Byfleet you will have to appoint a solicitor on your bank's conveyancing panel to look after their interests. Most people therefore find it easier to let the solicitor act for them and the lender. Furthermore there is minimal cost savings to be made in you doing conveyancing for yourself and another lawyer conducting the conveyancing for the lender. Please feel free to use the search tool to find a lawyer on your lender panel in Byfleet.
We are buying a house and the conveyancer has raised the issue of Chancel Repair for which the property could be obligated to contribute to given it’s proximity to the area of such a church. He has mentioned insurance. Is this strictly necessary for conveyancing in Byfleet
Unless a previous purchase of the house completed post 12 October 2013 you could expect solicitors conducting conveyancing in Byfleet to continue to propose a a chancel search and or insurance against a claim.
I am buying a new build flat in Byfleet. 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 conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Byfleet
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan. Please confirm the Lease plans are surveyor prepared. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. There must be mutual enforceability of lessee’s covenants.
I have been recommended by a few selling agents in Byfleet to get a quote from a property lawyer on your site. What’s the financial upside for Estate Agents to market your site over and above alternative conveyancing organisations?
We refuse to offer any financial incentive for directing people our way. We thought it would be too underhand to pay a commission because a client could think, ‘Why is the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
My wife and I purchased a leasehold flat in Byfleet. Conveyancing and Barclays Direct mortgage organised. A letter has just been received from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1995. The conveyancing solicitor in Byfleet who acted for me is not around. Any advice?
First make enquiries of HMLR to be sure that the individual claiming to own the freehold is in fact the new freeholder. There is no need to incur the fees of a Byfleet conveyancing practitioner to do this as it can be done on-line for a few pound. Rest assured that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I bought a ground floor flat in Byfleet, conveyancing formalities finalised 9 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable properties in Byfleet with over 90 years remaining are worth £180,000. The ground rent is £65 per annum. The lease terminates on 21st October 2083
You have 58 years unexpired we estimate the premium for your lease extension to span between £22,800 and £26,400 plus costs.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.
My aim is to acquire a ground floor maisonette in Byfleet. Conveyancing solicitor is waiting for, from the seller, building insurance schedule. This afternoon I was informed that the vendor must send the insurance paperwork for the flat above as well. Why would my conveyancing practitioner want to see the insurance for the flat above? Is it strictly required? We have been in hold for the previous 2 weeks…
It is not unheard of in leasehold conveyancing in Byfleet to discover Conveyancing in Byfleet in a minority of cases reveals that the lease obliges the leasehold owners to insure their individual flats rather than the landlord insuring the complete premises - which is definitely better. You should clarify with your lawyer but it would appear that your lawyer is attempting to verify that the whole building is insured. Insuring a ground floor residence is no help when it comes to rebuilding after a fire if the 1st floor cannot be reconstructed as a result of lack of insurance.