I was recommended to a conveyancer who has sent a quote for just over a thousand pound for no completion no fee conveyancing in Marazion. I am selling a Edwardian property for £275,000. This appears over the top. Is it above what I should be paying for conveyancing in Marazion?
The costs illustration is fractionally on the expensive side. If you shop around you might shave off some of the expense by perhaps £100 plus VAT. That being said, you mightcome to rue opting for an an untested conveyancer. If is important to check the solicitor can act for your lender. You can utilise our comparison tool to choose a Marazion conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Marazion.
We were just about to sign contracts for a ground floor flat in Marazion. We have hit a stumbling block. Our loan offer with Godiva Mortgages Ltd expires on 14/10/2025 but the vendors are suggesting a completion date of 16/10/2025. Is it possible to extend the mortgage expiry date?
The person best placed to address this issue is your conveyancer who should calculate whether they corresponding with the mortgage company, seller’s solicitors, property agents or possibly all parties based on the circumstances your house move to date.
Despite weeks of looking the Title Certificate and documents to our house are lost. The lawyers who did the conveyancing in Marazion 5 years ago have long since closed. What do I do?
You no longer need to hold title original deeds to establish that you are the registered proprietor of land or premises, given that the Land Registry hold details of all registered land or property electronically.
Over the last few months I have been searching for a flat up to £245,000 and identified one close by in Marazion I like with a park and station nearby, however it's only got 49 years on the lease. There is not much else in Marazion for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
If you require a mortgage the shortness of the lease will likely be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for a minimum of 2 years you may 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 with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
We are 14 days into a leasehold purchase having been recommend to solicitors by the local agent to perform conveyancing in Marazion. I am not happy. Can you help me find new lawyers?
A lawyer would need to be very poor in order to consider changing them. Has the mortgage offer been generated? In the event that it has you need to make them aware of the new contact details and get the mortgage documents are re-sent. Your conveyancer should be on the mortgage company approved list to avoid added expenses and complications. So that should be your starting point. The search tool can assist you in finding a lender approved solicitor for your home move in Marazion
Having checked my lease I have discovered that there are only Fifty years left on my lease in Marazion. I now wish to get lease extension but my landlord is absent. What should I do?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the magistrate. You will be obliged to demonstrate that you or your lawyers have made all reasonable attempts to locate the landlord. In some cases a specialist should be helpful to try and locate and to produce a report to be accepted by the court as evidence that the freeholder is indeed missing. It is wise to seek advice from a conveyancer in relation to investigating the landlord’s absence and the application to the County Court covering Marazion.
I am the registered owner of a basement flat in Marazion, conveyancing formalities finalised 8 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Marazion with a long lease are worth £206,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease runs out on 21st October 2092
You have 67 years left to run the likely cost is going to span between £10,500 and £12,000 plus legals.
The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward based on this information before getting professional advice.