Can the conveyancing solicitors that you recommend perform conveyancing in Longhope by way of an attended exchange?
There are a few conveyancing experts carrying out one day exchanges. You should e-mail us to secure a fee calculation and details as to availability.
We are selling our property in Longhope and according to the buyers it appears that there is a risk of it being constructed on contaminated land. Any local lawyer would know that there is no such problem. It does beg the question why the buyers used an online conveyancing practice rather than a conveyancing solicitor in Longhope. We have lived in Longhope for 5 years we know of no issue. Do we contact our local Authority to seek clarification that there is no issue.
It would appear that you have a conveyancing solicitor currently acting for you. What do they say? You must check with 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 sickness)
I used Arc property Solicitors a few years ago for my conveyancing in Longhope. Now, I need the files but the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Longhope of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to the input of my in-laws I had a survey completed on a property in Longhope in advance of appointing conveyancers. I have been told that there is a flying freehold overhang to the property. Our surveyor has said that some banks will refuse to issue a loan on such a home.
It depends who your proposed lender is. HSBC has different instructions for example to Halifax. Should you wish to call us we can check via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Longhope. Conveyancing will be smoother if you use a solicitor in Longhope especially if they are acquainted with such properties in Longhope.
Planning to complete next month on a basement flat in Longhope. Conveyancing solicitors assured me that they report fully on Monday. What should I be looking out for?
Your report on title for your leasehold conveyancing in Longhope should include some of the following:
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Does the lease require carpeting throughout thus preventing wood flooring? How long the lease is. You should be advised as what happens when the lease expires, and informed of the importance of not letting the lease term falling below eighty years Responsibility for maintaining the window frames Information concerning the obligations as set out in the lease to to contribute towards maintenance costs - in relation to the building, and the wider rights a tenant has Your conveyancers should enable you to have an understanding of the insurance requirements
I bought a 1 bedroom flat in Longhope, conveyancing having been completed in 2009. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable properties in Longhope with over 90 years remaining are worth £265,000. The ground rent is £50 invoiced annually. The lease runs out on 21st October 2101
With 76 years remaining on your lease we estimate the price of your lease extension to span between £8,600 and £9,800 as well as costs.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.
Why do Longhope conveyancing costs differ for leasehold and freehold properties?
There is always more work required in leasehold conveyancing. Longhope has many leasehold properties. There is more time involved in the purchase: for example, the lease and leasehold information (including current service charge, ground rent and buildings insurance details) obtained from the freeholder or managing agents. There are strict criteria that the lease must meet in order to be acceptable to a mortgage company. If it does not meet these requirements, the lease must be amended, which can involve additional expense for the seller.