Souldusing a Fleet conveyancing practice make the legal transfer of property easier?
Generally conveyancing solicitors in your area will benefit from good relationships with your local authority, which can assist with the Fleet conveyancing searches that your lawyer will require on your transaction. It can only be a plus if they enjoy good relationships with the Land Registry covering your area Fleet, other conveyancers in the area and Fleet Estate Agents.
Forgive me if this question is silly but I am new to the home moving as a 1st time buyer of a ground floor flat in Fleet. Do I pick up the keys to the premises on the completion date from my conveyancer? If so, I will use a local conveyancing solicitor in Fleet?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will arrange to send the completion advance to the vendor’s solicitors, and shortly after the monies have arrived, you will be able to receive the keys from the property Agents and move into your new home. Usually this happens between 1 and 3pm.
I am selling my flat. I had a double glazing fitted in May 2007, but did not receive a FENSA certificate or Building Regulation Certificate. My buyer's mortgage company, UBS are being problematic. The Fleet solicitor who is on the UBS conveyancing panel is happy to accept ‘lack of building regulation’ insurance but UBS are insisting on a building regulation certificate. Why do UBS have a conveyancing panel if they don't accept advice from them?
It is probably the case that UBS have referred the matter to their valuer. The reason why UBS may not want to accept indemnity insurance is because it does not give them any reassurance that the double glazing was correctly and safely installed. The indemnity insurance merely protects against enforcement action which is very unlikely anyway.
Intending to buy a apartment in Fleet. I have received an online quote from a licenced conveyancer, which states: "There will be no charge for dealing with the Building Society if you are obtaining a mortgage". I take this to mean that there will be no additional fee if the solicitor is on the Yorkshire BS conveyancing panel. I wanted to make sure it means there will be no additional fees for dealing with the mortgage.
They are simply saying that the cost for acting for the lender is included in the fee being quoted. It is worth you checking that the Fleet conveyancer is on the Yorkshire BS conveyancing panel.
I have been told that property searches are the number one cause of obstruction in Fleet house deals. Is that correct?
The Council of Property Search Organisations (CoPSO) released determinations of research by MoveWithUs that conveyancing searches do not feature within the common causes of hindrances in the conveyancing process. Local searches are not likely to be the root cause of slowing down conveyancing in Fleet.
Over the last few months I have been searching for a leasehold apartment up to £305k and found one near me in Fleet I like with a park and transport links in the vicinity, however it only has 61 remaining years left on the lease. There is not much else in Fleet for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a home loan that many years will be an issue. Discount the offer by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months 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 with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.
I am a sole trader wishing to take an assignment of a lease of a shop on a shopping parade. Can you recommend lawyers offering no-move-no costs for non-domestic conveyancing in Fleet for under £1,200?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Fleet, including the sale and acquisition of businesses as well as simply premises. Whether you are intending to buy or sell a shop, pub, restaurant, office, retail premises or a complete business we will put you in touch with the right lawyer. Regarding the charges this will depend on the structure and nuances of the proposed transaction. Let us have your details or telephone so as to enable us to supply you with comprehensive commercial conveyancing calculation.
Back In 2003, I bought a leasehold flat in Fleet. Conveyancing and TSB mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1996. The conveyancing solicitor in Fleet who acted for me is not around. Do I pay?
The first thing you should do is contact HMLR to be sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. There is no need to instruct a Fleet conveyancing firm to do this as you can do this on the Land Registry website for £3. Rest assured that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I acquired a studio flat in Fleet, conveyancing formalities finalised 8 years ago. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Fleet with an extended lease are worth £171,000. The average or mid-range amount of ground rent is £50 yearly. The lease expires on 21st October 2105
With 79 years remaining on your lease the likely cost is going to span between £7,600 and £8,800 plus 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 the actual costs in the absence of detailed due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and clearly you should 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.