I am helping my sister sell her house in Lightwater. Does the conveyancing solicitor arrange an energy performance certificate or do I organise this?
Following the abolition of HIPs, energy performance certificates was retained a compulsory element of selling a house. An energy performance certificate needs to be commissioned in advance of the property being advertised. It is not a task that law firms normally organise. If you are using a Lightwater conveyancing lawyer they might help arrange energy assessments given their relationships with long established Lightwater accredited person
I am the single recipient of my late father’s estate with all property in now in my sole name, including the house in Lightwater. Conveyancing formalities meant that the Land Registry date was in July. I plan to dispose of the property. I understand that there is a CML six month 'rule', meaning my proprietorship could be considered the same way as if I'd bought the house in July. Will no one buy the property for half a year?
The Council of Mortgage Lenders’ handbook instructs conveyancers to: "report to us immediately if the owner or registered proprietor has been registered for less than six months." By the strict wording you could be caught by that. How practical a view lenders take of it, depend on the lender as this provision principally exists to identify subsales or the wholesaling and assigning of properties.
We previously selected solicitors located in Lightwater on the Lloyds solicitor approved list. They have just billed me a separate charge for handling the Lloyds mortgage. Is this a supplemental conveyancing fee specified by Lloyds?
Unfortunately, so long as it is in their Terms of Engagement or estimate then yes your solicitor is entitled to levy a fee for this. This charge is not set by Lloyds but by your Lightwater conveyancer. Numerous firms on the Lloyds panel will quote an ‘acting for lender’ fee but some firms include it on their overall fee.
My relative recommended that where I am purchasing in Lightwater I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
This is a search is occasionally quoted for as part of the standard Lightwater conveyancing searches. It is not a small document of about 40 pages, listing and detailing significant information about Lightwater around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Lightwater Education with plans and statistics, Local Amenities and other useful information concerning Lightwater.
I am buying a new build apartment in Lightwater. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Lightwater
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Forfeiture - bankruptcy or liquidation must not apply under this provision. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier?
Over the last few months I have been searching for a leasehold apartment up to £245,000 and found one close by in Lightwater I like with a park and station nearby, however it only has 52 remaining years left on the lease. I can't really find anything else in Lightwater for this price, so just wondered if I would be making a mistake acquiring a lease with such few years left?
If you require a home loan the remaining unexpired lease term may be an issue. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should speak to your conveyancing solicitor concerning this.
I am a sole trader planning to take an assignment of a lease of an office on a shopping parade. Can you recommend lawyers offering competitive fees for commercial conveyancing in Lightwater for under £1,200?
We can recommend firms who have well rounded knowledge of commercial conveyancing in Lightwater, including the sale and purchase of businesses as well as simply property. Whether you are looking to acquire or sell a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right firm. As for the fees these will vary based on the structure and terms of the deal. Let us have your details or phone so as to enable us to furnish you with a fixed commercial conveyancing calculation.
Are there any apps to help search for a Lightwater conveyancing solicitor on the bank conveyancing panel? I have a car and am prepared to travel up to 20kilometers to meet the solicitor.
Feel free to make use of the find a conveyancing panel tool on this website. Please choose the lender and your location, in this case Lightwater and you will see a number of lawyer located nearest Lightwater. Alternatively you can type in the name of your proposed law firm and see if they are listed as being on the lender solicitor panel.