My friend's step-father is a solicitor. I expect that I will receive friends and family fee for conveyancing, but if not, what kind of costs would I typically be looking at for conveyancing in Loughton?
Do compare pricing. Do use our search tool on this page. Whilst estimates do be different but service levels do are distinct between solicitors as is the case with the vast majority of professional services.
We are purchasing a house and require a conveyancing solicitor in Loughton who is on the Bank of Ireland approved panel. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Bank of Ireland . We don't recommend any particular firms conducting conveyancing in Loughton.
A colleague suggested that if I am purchasing in Loughton I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is sometimes quoted for as part of the standard Loughton conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Loughton around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Loughton Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Local Education with plans and statistics, Local Amenities and other useful information concerning Loughton.
Over the last few months I have been searching for a ground for flat up to £245,000 and identified one round the corner in Loughton I like with a park and transport links nearby, however it only has 52 years unexpired on the lease. There is not much else in Loughton for this price, so just wondered if I would be making a mistake acquiring a short lease?
If you require a home loan that many years will be a potential deal breaker. Discount the price by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for a minimum of twenty four months you could request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
In what way can the Landlord & Tenant Act 1954 affect my commercial premises in Loughton and how can you help?
The particular law that you refer to affords security of tenure to commercial leaseholders, granting the a statutory right to apply to court for a continuation of occupancy when the lease comes to an end. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Loughton is one of the hundreds of locations in which our lawyers are located
I today plan to offer on a house that appears to meet my requirements, at a reasonable price which is making it more attractive. I have subsequently found out that the title is leasehold as opposed to freehold. I am assuming that there are issues purchasing a leasehold house in Loughton. Conveyancing lawyers have are soon to be appointed. Will they explain the issues?
Most houses in Loughton are freehold and not leasehold. This is one of the situations where having a local conveyancer used to dealing with such properties who can assist with the conveyancing process. It is clear that you are purchasing in Loughton so you should seriously consider looking for a Loughton conveyancing solicitor and check that they have experience in advising on leasehold houses. First you will need to check the unexpired lease term. As a lessee you will not be at liberty to do whatever you want with the house. The lease comes with conditions such as requiring the landlord’spermission to carry out alterations. You may also be required to pay a service charge towards the maintenance of the communal areas where the property is part of an estate. Your lawyer should advise you fully on all the issues.
Having spent months of correspondence we are unable to agree with our landlord on how much the lease extension should cost for our flat in Loughton. Can we issue an application to the Residential Property Tribunal Service?
You certainly can. We are happy to put you in touch with a Loughton conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Loughton flat is 201 & 201a St. Barnabas Road in October 2013. The Tribunal decided that the price to be paid by the Applicants for the freehold interest is £20,071. This case related to 2 flats. The unexpired term as at the valuation date was 69.26 years.