A colleague recommended that if I am purchasing in Lound I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
This is a search is occasionally quoted for as part of the standard Lound conveyancing searches. It is a large report of more than thirty pages, listing and setting out significant information about Lound around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Lound Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Lound Education with plans and statistics, Local Amenities and other useful information concerning Lound.
About to purchase a new build flat in Lound. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Lound
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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 the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
Over the last few months I have been searching for a flat up to £195,000 and found one round the corner in Lound I like with a park and station in the vicinity, the downside is that it's only got 52 remaining years left on the lease. There is not much else in Lound in this price bracket, so just wondered if I would be making a grave error purchasing a short lease?
Should you require a home loan the shortness of the lease may be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least twenty four months you could request that they start the process of the extension and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should speak to your conveyancing lawyer regarding this matter.
I was pointed in your direction by two or three local selling agents in Lound to locate a property lawyer on your site. Is there a financial upside for Estate Agents to market your services over alternative conveyancing organisations?
We don’t give any financial incentive for sending work our way. We thought it would be too underhand a fee as home movers will think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
As co-executor for the will of my grandmother I am selling a property in Monmouth but live in Lound. My conveyancer (approximately 260 kilometers from merequires that I sign a statutory declaration ahead of completion. Can you recommend a conveyancing lawyer in Lound who can attest and place their company stamp on the document?
strictly speaking you are not likely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are located in Lound
Been looking for a conveyancer for freehold sale conveyancing in Lound. I'm selling, uncomplicated no mortgage to redeem, no hurry, no onward chain. Got a quote from a lawyer for £800 excluding VAT which is a little high given that its so straightforward. Is it possible to find less expensive fees for conveyancing in Lound?
Given that it’s a sale only, £500 + VAT should be about the cheapest for sale conveyancing in Lound.