I do hope you can assist me. My Rochford solicitor is assuring me that she is duty bound toconduct Rochford conveyancing searches resulting from the fact thatthe firm are on the Nat Westsolicitor panel. These Rochford checks cost a lot of money can this be avoided?
You have limited options available to you. As you are taking a home loan with a bank your property lawyer has to comply with their conditions as set out in their version of the CML Conveyancing Handbook. Your conveyancer would have previously signed the Terms and Conditions of your bank’s conveyancing panel appointment which obliges them to comply with the Council of Mortgage Lenders’ Handbook provisions . Even if you were a cash buyer you would be ill advised not to carry out Rochford conveyancing searches.
The deeds to my home can not be found. The lawyers who dealt with the conveyancing in Rochford 5 years ago no longer exist. Will I be able to sell the house?
You no longer need to have the physical deeds to establish that you are the registered proprietor of land or premises, as the Land Registry hold details of all registered land or property electronically.
Just had an offer accepted on a new build flat in Rochford. 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 conveyancing.
Here are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Rochford
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The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Please confirm the Lease plans are architect prepared. 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. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
My business partner and I are hoping to lease a unit on the high street. Can you recommend lawyers offering fixed costs for non-domestic conveyancing in Rochford for less than £1,200?
We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Rochford, including the disposal and purchase of businesses as well as simply premises. Whether you are hoping to purchase or sell a shop, pub, restaurant, office, retail unit or a complete business we will find you the right firm. As for the costs this will depend on the structure and complexity of the proposed transaction. Let us have your details or call so as to enable us to furnish you with comprehensive commercial conveyancing quote.
We are a fortnight into a residential purchase having been directed to a firm by the local agent to do our conveyancing in Rochford. I am not happy. Can you help me find new lawyers?
They would have to be very bad in order to consider diss instructing them. Has the mortgage been issued? In the event that it has you need to inform them of the new lawyer and ensure the mortgage documents are re-issued. Your new solicitor ideally should be on the banks panel to avoid added charges and complications. So that should be your starting point. The search tool will assist you in finding a bank approved solicitor for your conveyancing in Rochford
I have recently realised that I have Seventy years unexpired on my lease in Rochford. I am keen to get lease extension but my landlord is can not be found. What are my options?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the Court. However, you will be required to demonstrate that you have done all that could be expected to track down the freeholder. In some cases an enquiry agent may be useful to conduct investigations and prepare a report to be accepted by the court as proof that the landlord can not be located. It is advisable to get professional help from a conveyancer both on investigating the landlord’s disappearance and the application to the County Court covering Rochford.
I invested in buying a ground floor flat in Rochford, conveyancing was carried out 9 years ago. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Rochford with a long lease are worth £175,000. The average or mid-range amount of ground rent is £65 per annum. The lease expires on 21st October 2082
With 58 years unexpired we estimate the price of your lease extension to span between £23,800 and £27,400 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first seeking the advice of a professional.