My friend suggested that where I am purchasing in Fenny Stratford I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes quoted for as part of the standard Fenny Stratford conveyancing searches. It is a large report of about 40 pages, listing and detailing important information about Fenny Stratford around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Fenny Stratford Education with plans and statistics, Local Amenities and other useful information concerning Fenny Stratford.
I used Action Conveyancing several years ago for my conveyancing in Fenny Stratford. Now, I need my files however the law firm has closed. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Fenny Stratford of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I am buying a new build apartment in Fenny Stratford. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Fenny Stratford
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
I am a sole trader hoping to lease a unit on the high street. Can you recommend solicitors offering no-move-no fees for non-domestic conveyancing in Fenny Stratford for less than £1,200?
We can recommend firms who host a wealth of experience of commercial conveyancing in Fenny Stratford, including the disposal and purchase of businesses as well as simply property. If you are intending to purchase or lease a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right firm. Regarding the fees this will depend on the structure and heads of terms of the proposed transaction. Please provide us with your contact information or telephone us so that we can furnish you with a detailed commercial conveyancing quote.
As co-executor for the will of my father I am selling a residence in Neath but reside in Fenny Stratford. My lawyer (based 235 miles awayhas requested that I sign a stat dec prior to the transaction finalising. Can you recommend a conveyancing solicitor in Fenny Stratford to witness and place their company stamp on the document?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will be fine regardless of whether they are Fenny Stratford based
What makes a Fenny Stratford lease problematic?
There is nothing unique about leasehold conveyancing in Fenny Stratford. All leases are drafted differently and drafting errors can sometimes mean that certain sections are wrong. The following missing provisions could result in a defective lease:
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A provision to repair to or maintain parts of the premises
A defective lease can cause problems when trying to sell a property primarily because it impacts on the ability to obtain a mortgage on the property. Accord Mortgages Ltd, Coventry Building Society, and Godiva Mortgages Ltd all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is problematic they may refuse to provide security, obliging the purchaser to withdraw.
I am the registered owner of a 1st floor flat in Fenny Stratford, conveyancing formalities finalised in 2006. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent properties in Fenny Stratford with a long lease are worth £186,000. The average or mid-range amount of ground rent is £55 per annum. The lease ends on 21st October 2078
With just 53 years remaining on your lease we estimate the price of your lease extension to be between £27,600 and £31,800 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more comprehensive investigations. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before seeking the advice of a professional.