Can the conveyancing lawyers listed on your site handle attended exchange conveyancing in Coventry?
We do have a number of conveyancing specialists carrying out attended exchanges. Please call us to receive a costs illustration and details as to dates.
We are intent on selling our home in Coventry and the buyers lawyers are claiming that there is a possibility that the property was built on contaminated land. Any high street Coventry lawyer would know that there is no such problem. For the life of me I don't know why the purchasers are using an online conveyancing practice rather than a conveyancing solicitor in Coventry. Having lived in Coventry for many years we know of no issue. Is it a good idea to contact our local Authority to seek clarification need.
It sounds as though you may have a conveyancing firm already. What do they say? 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 life insurance to cover that same ailment)
About to purchase a new build flat in Coventry. Conveyancing is a frightening process 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 are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Coventry
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please provide evidence that the form of Lease proposed has been approved by the Land Registry. 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. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Please supply a car parking plan.
I am looking for a ground for flat up to £235,500 and found one near me in Coventry I like with a park and transport links nearby, the downside is that it only has 49 years on the lease. There is not much else in Coventry for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you need a mortgage the shortness of the lease may be problematic. Discount the price by the expected lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of 2 years 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 existing lease term with a zero ground rent applied. You should speak to your conveyancing lawyer about this matter.
What tools are available to identify a Coventry law firm on the Virgin Money conveyancing panel? I have a car and am happy to travel upto 25miles to meet the solicitor.
You can use the facility on this website. Please choose the bank and your location and you will see a number of Coventry conveyancing lawyers located nearest you. We have detailed some Coventry conveyancing firms at the bottom of this page and you can telephone them to see if they are on the Virgin Money member panel
I have just appointed agents to market my basement flat in Coventry. Conveyancing has not commenced, but I have recently had a quarterly service charge demand – what should I do?
The sensible thing to do is clear the service charge as normal given that all rents and maintenance payments should be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I acquired a 2 bed flat in Coventry, conveyancing formalities finalised 8 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Coventry with a long lease are worth £180,000. The average or mid-range amount of ground rent is £65 levied per year. The lease expires on 21st October 2085
With 59 years left to run we estimate the premium for your lease extension to span between £20,900 and £24,200 as well as costs.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.