When can the exchange of contracts happen for domestic conveyancing in Pitstone and am I required to attend the conveyancers office?
Where you are round the corner to one of the conveyancing solicitors in Pitstone you are invited in to sign contracts. That being said, the firms we recommend offer countrywide coverage for conveyancing and give as equally diligent and professional a job for you when communicating with you digitally. The signing of the contract is not the important part. Signing on the dotted line simply enables the conveyancer to officially exchange at the appropriate time, which is ordinarily shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where a lengthy "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Pitstone)to be in the office at the appropriate time.
We just had an offer accepted to buy with Coventry BS. We have called around locally yet am unable to find a Pitstone conveyancing firm on the Coventry BS approved list. Could you assist?
Please do make the most of the find a conveyancing panel solicitor tool on this page. Please choose the lender and type Pitstone or your preferred area and you will discover a number of lawyer offices in Pitstone or by proximity to you.
We are buying a end of terrace house in Pitstone. Our aim is to convert the garage to an office at the house.Will the conveyancing process involve investigations to determine if these alterations are permitted?
Your property lawyer will review the deeds as conveyancing in Pitstone can occasionally reveal restrictions in the title deeds which prohibit certain works or require the consent of a 3rd party. Many additions require local authority planning permissions and approval in accordance building regulations. Many locations are designated conservation areas and special planning restrictions apply which often prevent or impact extensions. You should check these issues with a surveyor before you commit yourself to a purchase.
We previously selected conveyancing lawyers locally in Pitstone on the UBS solicitor approved list. They have just billed me a separate amount for handling the UBS mortgage. Is this a supplemental conveyancing fee specified by UBS?
As unfair as it may appear, as long as it’s in their Terms of Engagement or estimate then yes your solicitor may charge a fee for this. This fee is not dictated by UBS but by your Pitstone solicitor. Plenty of firms on the UBS panel will quote ’dealing with mortgage’ fee and others do not.
I'm spending time viewing houses in Pitstone and I am about to put in an offer. Is it premature to have a solicitor in place? I am planning to take a mortgage with Kent Reliance.
You should start obtaining conveyancing estimates from solicitors ASAP. Once you decide who you want to use and once your offer is accepted you can instruct them to work for you and pass their contact information on to the estate agent. As you are getting a mortgage with Kent Reliance, ask your prospective lawyers if they are on the Kent Reliance conveyancing panel otherwise they can't do the mortgage legal work.
I have been told that property searches are the number one reason for delay in Pitstone conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of hindrances during the legal transfer of property. Local searches are unlikely to be the root cause of holding up conveyancing in Pitstone.
My business partner and I are looking to lease a unit on the high street. Can you recommend lawyers offering no-move-no costs for commercial conveyancing in Pitstone for less than £1,200?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Pitstone, including the disposal and acquisition of businesses as well as simply premises. If you are intending to acquire or dispose of a shop, pub, restaurant, office, retail premises or a whole business we will find you the right lawyer. As for the charges this will depend on the structure and heads of terms of the deal. Please provide us with your details or phone us so that we may supply you with a fixed commercial conveyancing calculation.
I am a negotiator for a long established estate agent office in Pitstone where we see a number of flat sales derailed due to short leases. I have received inconsistent advice from local Pitstone conveyancing solicitors. Please can you clarify whether the owner of a flat can instigate the lease extension formalities for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the sale.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I invested in buying a 1st floor flat in Pitstone, conveyancing formalities finalised in 2001. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Pitstone with a long lease are worth £206,000. The ground rent is £45 yearly. The lease finishes on 21st October 2090
With just 65 years left to run we estimate the premium for your lease extension to span between £13,300 and £15,400 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.