Having been referred to your organisation we were going to appoint conveyancing solicitor in Leicestershire listed by you but stumbled across some other estimates via the web look less pricey – how come?
There are numerous conveyancing organisations advertising what appear to be cut price. We would urge you to give due consideration about how much you respect your own move to you are willing to be penny wise pound foolish with regard to the quality of the conveyancing. Some embed additional charges well inside the terms of engagement. The solicitors that we list for conveyancing in Leicestershire neverbehave this way.
Our solicitor has uncovered a defect with the lease for the property we are buying in Leicestershire. The other side have offered title insurance as a workaround. We are happy with insurance and will cover the costs. Our conveyancing practitioner has advised that he must ensure that the bank is happy with this solution. Are we the client or is the mortgage company ?
Notwithstanding that you have a mortgage offer from the mortgage company does not mean to say that the property will meet their provisions for the purposes of a mortgage. Your lawyer has to ensure that the lease has to comply with the UK Finance Lenders’ Handbook provisions. You and the mortgage company are the client. The appropriate lender requirements have to be complied with.
I am downsizing from our house in Leicestershire and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. A high street Leicestershire conveyancer would know that there is no such problem. It does beg the question why the purchasers are using a web based conveyancing firm as opposed to a conveyancing solicitor in Leicestershire. Having lived in Leicestershire for 5 years we know that this is a non issue. Is it a good idea to get in touch with our local Authority to obtain confirmation need.
It sounds as though you may have a conveyancing firm currently acting for you. 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 health insurance to cover that same ailment)
I have been on the look out for a flat up to £195,000 and identified one near me in Leicestershire I like with a park and station nearby, however it only has 49 years on the lease. There is not much else in Leicestershire for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
Should you require a mortgage the shortness of the lease will be a potential deal breaker. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
In what way does the Landlord & Tenant Act 1954 affect my commercial offices in Leicestershire and how can your lawyers assist?
The 1954 Act affords security of tenure to business leaseholders, granting the a statutory right to make a request to court for a continuation of occupancy at the end of the lease term. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Leicestershire is one of the many locations in which our lawyers are based
Online reading suggests that Leicestershire solicitors are more costly than Leicestershire conveyancers in Leicestershire to use when buying a property. Am I better off using a conveyancer or a solicitor where I am purchasing a house in Leicestershire.
When it comes to conveyancing in Leicestershire the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.