Having been told to check out your site we were about to go ahead with a conveyancing solicitor in Fleet endorsed using your comparison tool but stumbled across alternative costs illustrations on the internet appear cheaper – how come?
One can find plenty of conveyancing outfits advertising at first sight what seems to be very low prices. We would urge you to think long and hard about how much you respect your own move to want to be penny wise pound foolish with regard to the quality of the legal work. Many of them list a low quote to tease you but hide supplemental charges in the small print..
We are a couple about to exchange contracts for a semi detached house in Fleet. We have hit a snag. The mortgage offer with Barclays expires on 8/12/2025 but the sellers are insisting on a completion date of 10/12/2025. Can one extend the mortgage expiry date?
The person best placed to address this question is your solicitors who will hopefully calculate if they corresponding with the lender, vendor’s representatives, selling agents or indeed all parties based on the history of your transaction as of today.
Do the Building Society Association intend to launch a online directory to to identify solicitors on the Norwich and Peterborough Building Society conveyancing panel for example in Fleet?
We are not aware of any plans on the part of the BSA to develop such a register.
Just had an offer accepted on a new build apartment in Fleet. Conveyancing is daunting 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 enquiries that you can expect your new-build leasehold conveyancing in Fleet
-
Forfeiture - bankruptcy or liquidation must not apply under this provision. There must be mutual enforceability of lessee’s covenants. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. 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.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in last month in what should have been a quick, chain free conveyancing. Fleet is where the house is located. What do you suggest?
Flying freeholds in Fleet are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Fleet you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Fleet may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold premises.
What advice can you give us when it comes to appointing a Fleet conveyancing practice to carry out our lease extension conveyancing?
When appointing a solicitor for lease extension works (regardless if they are a Fleet conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of conveyancing. We advise that you talk with several firms including non Fleet conveyancing practices before you instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions might be helpful:
-
How experienced is the firm with lease extension legislation?
I invested in buying a 1 bedroom flat in Fleet, conveyancing formalities finalised March 2000. 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? Corresponding properties in Fleet with an extended lease are worth £170,000. The ground rent is £50 charged once a year. The lease expires on 21st October 2103
With just 78 years unexpired we estimate the price of your lease extension to range between £7,600 and £8,800 as well as costs.
The figure above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more detailed due diligence. Do not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.