After what seems like an age a loan offer from Santander for the refinancing of my single room maisonette is coming within the next few days. Are you able to propose a low cost conveyancing solicitor in Patcham?
You have arrived at the wrong site to search for the cheapest conveyancing in Patcham. We can offer you affordable conveyancing but we do not aim to work with the cheapest lawyers. Resist the temptation to appoint brokers teasing you with £99 conveyancing in Patcham. At best, in going for cheap conveyancing, you will get your money’s worth and at worst you will end up invoiced for additional fees and still not get the service expected.
My Conveyancer in Patcham is not listed on the Halifax Conveyancing Panel. Can I still continue with my prefered solicitor notwithstanding that they are excluded from the Halifax approved list?
Your options are as follows:
- Carry on with your existing Patcham solicitors but Halifax will need to retain a conveyancer on their list of acceptable firms. This will result in additional overall legal charges as well as cause delays.
- Find an alternative lawyer to act in the conveyancing, remembering to check they are Halifax approved.
- Try to convince your Halifax solicitor to seek to join the Halifax panel
Are there restrictive covenants that are commonly picked up as part of conveyancing in Patcham?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Patcham. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
About to purchase a new build flat in Patcham. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Patcham
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Please confirm the Lease plans are architect prepared. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I am looking at a couple of maisonettes in Patcham which have approximately fifty years unexpired on the leases. Will this present a problem?
A lease is a right to use the property for a period of time. As a lease gets shorter the saleability of the lease reduces and results in it becoming more costly to acquire a lease extension. This is why it is generally wise to increase the term of the lease. It is often difficulties arise selling premises with a short lease because mortgage lenders may be reluctant to lend money on such properties. Lease enfranchisement can be a protracted process. We recommend you seek professional help from a solicitor and surveyor with experience in this arena.
I acquired a ground floor flat in Patcham, conveyancing having been completed June 2012. Can you let me have an estimated range of the fair premium for a lease extension? Similar flats in Patcham with a long lease are worth £227,000. The ground rent is £50 levied per year. The lease runs out on 21st October 2096
With only 71 years remaining on your lease we estimate the price of your lease extension to range between £9,500 and £11,000 plus costs.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs without more detailed due diligence. You should not use this information in tribunal or court proceedings. There may be other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.
I cannot visit my Patcham conveyancing practitioners office to sign documents for conveyancing in Patcham – will this be an issue?
You need not be concerned. Patcham conveyancing lawyers can handle conveyancing transactions for clients from a distance. It is not necessary for you to be able to meet your lawyer in the flesh at a Patcham conveyancers office. They can handle all communications via phone, post and email - whatever works for you.