I am assisting my niece sell her flat in Longlands. Will the solicitor arrange the energy assessment or it is for the owner to see to?
After the abolition of Home Information Packs, EPC’s remained a compulsory component of selling a property. An energy assessment needs to be commissioned prior to the property being put on the market. This is not a task that conveyancers ordinarily arrange. Where you are instructing a Longlands conveyancing practitioner they might be able to arrange energy assessments given their relationships with reputable local accredited person
I just acquired a property at auction in Longlands. Conveyancing is required. What are my next steps?
Now that you have exchanged you must hire the services of a conveyancing solicitor soon as you now have a pending deadline in which to complete the purchase. All auction property should have a corresponding legal pack. This should include most,if not all of the paperwork that your solicitor will need. In the case of leasehold property the auction pack may provide a copy of the lease, management information and a sellers leasehold information form and associated conveyancing paperwork pertinent to a leasehold property. You should pass this on to the solicitor instructed by you at the earliest opportunity. Do make sure that your finances are organised to complete on the on the contractual date .
RBS have agreed my mortgage in principle, my offer on a apartment in Longlands has been accepted, what are the next steps?
The property agent will need to be informed of your conveyancer's details (make sure the conveyancing practitioners are on the bank’s panel). Contact RBS or your broker and finish off any relevant forms. RBS will instruct a valuer who will get in contact with the estate agent or owners to schedule a time for the valuation to happen. Once carried out (assuming no problems) it takes approximately ten days for the mortgage offer to be issued. RBS will send the offer to you and your solicitors. The transaction will then take it’s course according the nature and complexity of the conveyancing in Longlands.
Me and my brother have a semi-detached Victorian house in Longlands. Conveyancing solicitor represented me and Alliance & Leicester . I did a free Land Registry search last week and I saw a couple of entries: the first freehold, another for leasehold with the matching property. I thought I was buying a freehold how can I check?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Longlands and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with the conveyancing lawyer who carried out the work.
How does conveyancing in Longlands differ for new build properties?
Most buyers of new build premises in Longlands approach us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is constructed. This is because new home sellers in Longlands tend to acquire the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Longlands or who has acted in the same development.
I have been on the look out for a ground for flat up to £235,500 and found one near me in Longlands I like with open areas and station in the vicinity, the downside is that it's only got 61 years on the lease. There is not much else in Longlands for this price, so just wondered if I would be making a grave error buying a short lease?
Should you need a home loan the shortness of the lease may be problematic. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for at least 2 years you could request that they 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 regarding this matter.
If all goes to plan we aim to complete the sale of our £275,000 apartment in Longlands next week. The landlords agents has quoted £408 for Certificate of Compliance, building insurance schedule and previous years statements of service charge. Is it legal for a freeholder to charge an administration fee for a flat conveyance in Longlands?
Longlands conveyancing on leasehold maisonettes normally requires the buyer’s conveyancer submitting enquiries for the landlord to answer. Although the landlord is not legally bound to address such questions the majority will be content to do so. They are entitled to charge a reasonable administration fee for answering enquiries or supplying documentation. There is no upper cap for such fees. The average fee for the paperwork that you are referring to is over three hundred pounds, in some situations it exceeds £800. The administration charge demanded by the landlord must be accompanied by a summary of entitlements and obligations in respect of administration charges, without which the invoice is technically not due. Reality however dictates that you have little option but to pay whatever is requested of you should you wish to sell the property.
After years of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Longlands. Can we issue an application to the Residential Property Tribunal Service?
Absolutely. We can put you in touch with a Longlands conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Longlands property is 103a Footscray Road in January 2014. The tribunal determines that the premium payable for the extended lease should be £34,500 according to the expert witness valuation calculation This case affected 1 flat.
What is the average legal costs for conveyancing in Longlands?
The average cost in 2014 for conveyancing in Longlands was just under one thousand five hundred pounds not including SDLT and HMLR charges.