At what point does exchange of contracts take place for sale conveyancing in High Wycombe and am I required to attend the conveyancers branch?
If you are near to our conveyancing solicitors in High Wycombe you are invited in to sign the paperwork. However, the law practices we recommend provide countrywide coverage for conveyancing and give just as comprehensive and professional a job for you when communicating with you electronically. The executing of the contract is not when everything is set in stone. Signing on the dotted line is just a prerequisite for the conveyancer to exchange contracts when the time is right, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a long "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in High Wycombe)to be in the office at the appropriate time.
My Conveyancer in High Wycombe has never been on on the Alliance & Leicester Solicitor Panel. Can I still continue with my prefered solicitor notwithstanding that they are not on the Alliance & Leicester panel?
Your options are as follows:
- Complete the purchase with your existing High Wycombe lawyers but Alliance & Leicester will need to use a conveyancer on their list of acceptable firms. This will result in additional overall conveyancing fees and cause frustration.
- Get an alternative solicitor to act in the conveyancing, not forgetting to check they are Persuade your lawyer to use their best endeavours to join the Alliance & Leicester conveyancing panel
I've recently found out that there is a flying freehold element on a property I put an offer in last month in what was supposed to be a quick, no chain conveyancing. High Wycombe is the location of the property. Can you offer any assistance?
Flying freeholds in High Wycombe are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in High Wycombe 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 High Wycombe may ascertain 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 does commercial conveyancing in High Wycombe cover?
Commercial conveyancing in High Wycombe incorporates a wide range of advice, given by qualified solicitors, relating to business property. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of tenancies.
Having checked my lease I have discovered that there are only Seventy years remaining on my lease in High Wycombe. I now want to extend my lease but my landlord is missing. What options are available to me?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. You will be obliged to prove that you have made all reasonable attempts to track down the freeholder. On the whole an enquiry agent would be useful to conduct investigations and to produce an expert document to be accepted by the court as proof that the landlord can not be located. It is advisable to get professional help from a property lawyer both on proving the landlord’s absence and the vesting order request to the County Court overseeing High Wycombe.
I inherited a ground floor flat in High Wycombe, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in High Wycombe with an extended lease are worth £260,000. The average or mid-range amount of ground rent is £50 levied per year. The lease runs out on 21st October 2100
You have 75 years unexpired the likely cost is going to be between £8,600 and £9,800 as well as professional fees.
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 without more comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.
What is the difference between surveying and conveyancing in High Wycombe?
Conveyancing - in High Wycombe or anywhere in England and Wales - is the legal term given to transferring legal title of property from one person to another. It therefore includes the checking of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you’re intending to buy and will help you discover the condition of the building and, if there are problems, give you a powerful reason for negotiating the buying price down or asking the seller to fix the problems before you move in.