We're in East Harling, FTBs buying with a mortgage (lender is TSB , and our solicitor is on the TSB conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the TSB conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancing practitioner should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I require fast conveyancing in East Harling as I am faced with an ultimatum to exchange contracts inside one month. A home loan is not required. Is it possible to avoid the conveyancing searches to save money and time?
As you are are a mortgage free buyer you are at liberty not to have searches conducted although no solicitor would advise that you don't. Drawing on years of experience of conveyancing in East Harling the following are examples of what can appear and therefore affect future saleability: Refused Planning Applications, Overdue Fees, Outstanding Grants, Road Schemes,...
Over the last few months I have been searching for a leasehold apartment up to £195,000 and identified one close by in East Harling I like with open areas and transport links nearby, the downside is that it only has 49 years on the lease. There is not much else in East Harling for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a mortgage that many years will likely be problematic. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of 2 years you may ask them to commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this matter.
How can the Landlord & Tenant Act 1954 impact my business property in East Harling and how can your lawyers assist?
The particular law that you refer to gives protection to commercial leaseholders, giving them the right to make a request to court for a renewal tenancy and remain in occupation when the lease reaches an end. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and help with commercial conveyancing in East Harling
I need to find a conveyancing solicitor for remortgage conveyancing in East Harling. I have discover a web site which looks to be the perfect solution If it is possible to get all this stuff completed via email that would be preferable. Do I need to be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
My wife and I have selected a East Harling conveyancing solicitor for our home move (first time buyers) and have spotted in the engagement letter that they are not covered by the Financial Conduct Authority. Need I be concerned or is that standard with solicitor?
We can't see why they should be. Most property lawyer don't lend money. They will be governed by the Solicitors Regulation Authority, who have specific rules in relation to monies held in their bank.