We note that you have a search directory listing solicitors on the Virgin Money conveyancing panel. Do firms pay you a commission if I retain them for our conveyancing in Fenny Stratford?
We are a listing service only for law firms wishing to communicate if they are on the Virgin Money conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Fenny Stratford.
In reading online forums for an affordable lawyer in Fenny Stratford, most advise that I must look for a CQS assured lawyer. Can you explain what CQS is?
Fenny Stratford Conveyancing Quality Scheme solicitors have been granted certification by the law Society The Law Society established CQS to promote high standards in the home buying process. CQS helps buyers and sellers to recognise solicitor firms who provide a quality residential conveyancing. Fenny Stratford is one of the many areas in England and Wales in which CQS are located. The conveyancing scheme obliges practices to undergo a strict assessment, compulsory training, self-certification, random audits and annual reviews in order to maintain CQS status. It is open only to members of the Law Society who meet the demanding standards set by the scheme and has the support of the Council of Mortgage Lenders.
Do commercial conveyancing searches reveal proposed roadworks that may affect a commercial site in Fenny Stratford?
Its becoming the norm that commercial conveyancing solicitors in Fenny Stratford will carry out a SiteSolutions Highways report as it reduces the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Fenny Stratford. The report sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Fenny Stratford.
For each commercial conveyancing transaction in Fenny Stratford it is crucial to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could result in delays to Fenny Stratford commercial conveyancing deals as well as pose a risk to future intentions for the site. These searches are not conducted for residential conveyancing in Fenny Stratford.
Are there restrictive covenants that are commonly identified during conveyancing in Fenny Stratford?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Fenny Stratford. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I'm remortgaging my current property to a buy to let loan with HSBC Bank and I will use the rest of the raised equity as a down payment on a second house. The location we are looking at is Fenny Stratford. Will your solicitors be able to act for the two banks and tie in the two deals?
Make use of our comparison tool on this site to check that the solicitors are on the relevant lender panels. On the basis that they are the lawyer will be able to simultaneously deal with the two conveyancing matters but you should talk with you conveyancer and communicate your expectations and needs.
I am a negotiator for a reputable estate agent office in Fenny Stratford where we have experienced a few leasehold sales jeopardised as a result of short leases. I have been given contradictory information from local Fenny Stratford conveyancing firms. Please can you clarify whether the vendor of a flat can commence the lease extension process for the buyer?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer need not have to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or at the same time as completion of the disposal of the property.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I am the registered owner of a 1 bedroom flat in Fenny Stratford, conveyancing having been completed April 2005. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Fenny Stratford with a long lease are worth £191,000. The ground rent is £55 invoiced every year. The lease expires on 21st October 2077
With just 53 years left to run we estimate the price of your lease extension to span between £27,600 and £31,800 as well as legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first getting professional advice.