Why would I instruct a Dunmow conveyancing practice when online conveyancers are cheap by comparison?
To take your time to find compare conveyancing costs in Dunmow and you should seek an affordable fee calculation but don’t waste your energy hunting for the lowest priced Dunmow conveyancer. Appointing the right conveyancer can be the distinction between a smooth and a stressful move. You need to ensure that you have expert guidance from an experienced lawyer. Emails can't be as helpful as a telephone conversation and can never replicate a one to one meeting. The firms that we work with will allocate you a qualified and trusted conveyancing solicitor who can tackle your conveyancing from start to finish, giving the sort of personalised service that you are unlikely to received from an web based conveyancer. Our lawyers will contact you regularly to update you as to headway making sure that you are ensuring that you are updated at regular intervals. If you ever need to call the firm you will know who to ask for and they will be sure you're not left wondering what's going on.
We are expecting a mortgage offer soon. The bank mentioned the home loan came with free conveyancing. Does this mean I have to appoint their panel solicitor as I would much rather instruct a Dunmow based conveyancing firm?
You should check but the chances are that appoint one of their panel lawyers if you want the "fee-free" deal. Call the mortgage company to determine if they offer you a cash alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case you could put that amount towards the cost for your conveyancing solicitor near Dunmow.
What will a local search reveal about the house my wife and I purchasing in Dunmow?
Dunmow conveyancing often commences with the applying for local authority searches directly from your local Authority or through a personal search organisations for example PSG The local search is essential in every Dunmow conveyancing purchase; that is if you don’t want any nasty surprises after you move into your new home. The search should provide information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
My wife and I have a semi-detached Edwardian property in Dunmow. Conveyancing lawyer acted for me and Chelsea Building Society. I happened to do a free search for it on the Land Registry database and there are two entries: the first freehold, the second leasehold with the matching address. Is it worth asking Chelsea Building Society to clarify?
You need to read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Dunmow and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with your conveyancing lawyer who conducted the work.
What does commercial conveyancing in Dunmow cover?
Non domestic conveyancing in Dunmow incorporates a wide array of guidance, supplied by regulated solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment 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 tenancies.
I am tempted by the attractive purchase price for a couple of apartments in Dunmow both have approximately fifty years left on the leases. Will this present a problem?
A lease is a right to use the premises for a period of time. As a lease gets shorter the saleability of the lease reduces and it becomes more costly to extend the lease. For this reason it is often a good idea to extend the lease term. More often than not it is difficult to sell a property with a short lease as mortgage lenders may be reluctant to lend money on properties of this type. Lease enfranchisement can be a difficult process. We advise that you get professional assistance from a conveyancer and surveyor with experience in this field.
I invested in buying a 1 bedroom flat in Dunmow, conveyancing formalities finalised in 2008. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent properties in Dunmow with over 90 years remaining are worth £192,000. The average or mid-range amount of ground rent is £55 levied per year. The lease ceases on 21st October 2079
You have 54 years unexpired the likely cost is going to range between £32,300 and £37,400 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive investigations. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.