Can you clarify what the consequences are if my lawyer’s firm is expelled from the Nationwide Solicitor panel ahead of completing my conveyancing in Hythe?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
I have been on the look out for a ground for flat up to £195,000 and found one round the corner in Hythe I like with open areas and station in the vicinity, the downside is that it only has 51 years unexpired on the lease. I can't really find anything else in Hythe in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a home loan the remaining unexpired lease term will be a potential deal breaker. Reduce the price by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you may request that they start the process of the extension and pass it to you. You can add 90 years to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor regarding this.
What makes your site different to other web based conveyancing brokers for conveyancing in Hythe?
At this site get a conveyancing quote from a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in Hythe. As opposed to estate agents and many comparison sites we are not in the business of charging firms a fee if you instruct them for your home move in Hythe
I need to appoint a conveyancing solicitor for some conveyancing in Hythe. I happened to discover a web site which seems to have the ideal solution If it is possible to get all the legals completed via email that would be ideal. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I have just started marketing my garden apartment in Hythe. Conveyancing has not commenced, however I have just had a yearly maintenance charge invoice – should I leave it to the buyer to sort out?
It best that you pay the maintenance contribution as usual given that all rents and service charges should be allotted as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Leasehold Conveyancing in Hythe - Examples of Questions you should consider before buying
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What is the service charge and ground rent on the property? Are any of leasehold owners in arrears of their service charge payments?
Been looking for a property lawyer for freehold sale conveyancing in Hythe. I'm selling, simple no mortgage to pay off, no rush, currently vacant. Had an estimate from a lawyer for nine hundred pounds plus VAT which is a tad steep given that its so straightforward. Is it possible to find less expensive fees for conveyancing in Hythe?
As it’s a sale only, £450 + VAT should be about the best for sale conveyancing in Hythe.