I have given 8 weeks notice to my current landlord and have to leave my let out property in Hungerford by the end of next month. Conveyancing on my purchase has just started. How realistic is it to complete in 5 weeks as don't want to have to move into short term accommodation?
The normal practice is not to serve notice for your tenancy until you have exchanged. If you have not already done so, notify to your lawyer and request that they cajole the owners lawyers, try to an agreed time frame that everyone will look to achieve
As a FTB what is the most important advice you can give me concerning purchase conveyancing in Hungerford?
Not many law firms shout this from the rooftops but conveyancing in Hungerford or throughout Berkshire is an adversarial experience. In other words, when it comes to conveyancing there is lots of room for confrontation between you and other parties involved in the house moving process. For instance, the seller, selling agent and on occasion your lender. Choosing a law firm for your conveyancing in Hungerford should not be taken lightly as your conveyancer is your adviser, and is the SOLE person in the process whose responsibility is to look after your legal interests and to protect you.
There is a worrying ongoing adversarial element to conveyancing- someone has to be at fault for the process taking so long. You should always trust your lawyer ahead of all other players in the home moving process.
I am in the process of mortgaging my house in Hungerford, does my lawyer have to be on the Santander Solicitor panel?
In theory, you could use a solicitor that is not on the Santander conveyancing panel, but Santander would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
My wife and I are downsizing from our property in Hungerford and the buyers lawyers are claiming that there is a risk of it being built on contaminated land. Any local conveyancer would know this is not the case. For the life of me I don't know why the buyers are using an online conveyancing firm rather than a conveyancing solicitor in Hungerford. We have lived in Hungerford for 4 years we know of no issue. Is it a good idea to contact our local Authority to seek confirmation that there is no issue.
It sounds as though you may have a conveyancing firm already. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
My company is wishing to lease a unit on the high street. Can you recommend conveyancers offering no-sale-no charges for non-domestic conveyancing in Hungerford for under £1,200?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Hungerford, including the disposal and purchase of businesses as well as simply premises. If you are hoping to buy or sell a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right lawyer. Regarding the fees these will vary based on the structure and nuances of the proposed transaction. Please provide us with your contact information or telephone so as to enable us to furnish you with a detailed commercial conveyancing quote.
Can you provide any top tips for leasehold conveyancing in Hungerford from the perspective of saving time on the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Hungerford can be bypassed if you get in touch lawyers the minute your agents start advertising the property and request that they start to collate the leasehold information needed by the purchasers’ representatives. The majority of landlords or Management Companies in Hungerford charge for supplying management packs for a leasehold premises. You or your lawyers should discover the actual amount of the charges. The management pack sought as soon as you have a buyer, thus reducing delays. The average time it takes to obtain the necessary information is three weeks. It is the most frequent reason for delay in leasehold conveyancing in Hungerford. You believe that you know the number of years remaining on your lease but you should double-check via your solicitors. A purchaser's lawyer will not be happy to advise their client to to exchange contracts if the lease term is under 80 years. It is therefore important at an as soon as possible that you consider whether the lease for your property needs extending. If it does, contact your solicitors before you put your premises on the market for sale. If you hold a share in a the Management Company, you should make sure that you are holding the original share document. Arranging a duplicate share certificate is often a lengthy process and frustrates many a Hungerford home move. Where a reissued share certificate is needed, you should approach the company director and secretary or managing agents (if relevant) for this at the earliest opportunity.
I inherited a ground floor flat in Hungerford, conveyancing was carried out in 1999. How much will my lease extension cost? Comparable properties in Hungerford with an extended lease are worth £255,000. The ground rent is £45 invoiced annually. The lease expires on 21st October 2099
With only 73 years left to run we estimate the price of your lease extension to range between £8,600 and £9,800 as well as costs.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs in the absence of comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other 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 before seeking the advice of a professional.