Can you explain why leasehold purchase conveyancing in Higham Ferrers is more expensive?
Higham Ferrers leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
Is there a search tool that I can utilise to check that the solicitor conducting my conveyancing in Higham Ferrers is on the mortgage lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Barclays Direct thus paying £175.00 in supplemental conveyancing costs.
Please do take advantage of the find a conveyancing panel solicitor tool on this web page. Pick the mortgage company and type ‘Higham Ferrers’ or your location and you will see a number of lawyer located in Higham Ferrers or nearest you.
My father informed me that in purchasing a property in Higham Ferrers there may be a number of restrictions prohibiting external changes to the property. Is this right?
We are aware of a number of properties in Higham Ferrers which have some sort of restriction or requirement of consent to perform external alterations. Part of the conveyancing in Higham Ferrers should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
My wife and I buying a 4 bedroom semi-detached house in Higham Ferrers. We would like to carry out an extension to the side at the house.Will the conveyancing process include checks to determine if these alterations are prohibited?
Your solicitor should review the deeds as conveyancing in Higham Ferrers will occasionally reveal restrictions in the title deeds which prevent certain works or necessitated the permission of a 3rd party. Many works call for local authority planning consent and approval in compliance with building regulations. Some areas are designated conservation areas and special planning restrictions apply which often prevent or affect extensions. You should check these things with a surveyor prior to committing yourself to a purchase.
Last month we had a mortgage agreed in principle with Co-operative. Higham Ferrers conveyancing practitioners have been chosen. How long does it take for Co-operative to issue the offer to the solicitor?
There is no definitive answer here. Have Co-operative done the valuation? Have you informed Co-operative as to your lawyers' details and checked that your lawyers are on the Co-operative conveyancing panel? Sometimes it can take as long as six weeks for a mortgage offer to be issued.
In what way does the Landlord & Tenant Act 1954 affect my business premises in Higham Ferrers and how can you help?
The 1954 Act affords a safeguard to commercial leaseholders, granting the a statutory right to make a request to court for a renewal tenancy and remain in occupation when the lease reaches an end. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act to your advantage and handle your commercial conveyancing in Higham Ferrers
I am using a search engine for the term on line conveyancing in Higham Ferrers it reveals many conveyancersin the area. With so much choice what is the best way to find the suitable solicitor for purchase transaction?
The best way of choosing the right conveyancer is through a personal testimonial, so enquire of colleagues and family who have purchased a property in Higham Ferrers or a reputable estate agent or mortgage broker. Fees for conveyancing in Higham Ferrers vary, so it's sensible to request at least three fee estimates from different property lawyers. Make sure that you clarify that the fees are fixed.
I own a leasehold flat in Higham Ferrers. Conveyancing and Halifax mortgage are in place. I have received a letter from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1993. The conveyancing practitioner in Higham Ferrers who previously acted has long since retired. What should I do?
First contact the Land Registry to be sure that the individual purporting to own the freehold is in fact the new freeholder. It is not necessary to instruct a Higham Ferrers conveyancing lawyer to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I bought a ground floor flat in Higham Ferrers, conveyancing formalities finalised half a dozen years ago. Can you work out an approximate cost of a lease extension? Corresponding properties in Higham Ferrers with over 90 years remaining are worth £180,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease terminates on 21st October 2084
You have 59 years unexpired the likely cost is going to range between £20,900 and £24,200 as well as costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. 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 take any other action based on this information before seeking the advice of a professional.