My lender has recommended a law firm on their panel based in Seaham but I would rather instruct a conveyancing lawyer in Seaham or nearer to where I live. Are you able to help?
Not all Seaham conveyancing firms are listed all lender’s conveyancing panel. Please make use of our search tool to choose a Seaham conveyancing firm on the on the bank panel.
Do commercial conveyancing searches disclose impending roadworks that could impact a commercial property in Seaham?
Its becoming the norm that commercial conveyancing solicitors in Seaham will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Seaham. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Seaham.
For every commercial conveyancing transaction in Seaham it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may cause delays to Seaham commercial conveyancing transactions as well as present a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Seaham.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Seaham. Conveyancing is daunting 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 is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Seaham
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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. Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
Is it possible to swap solicitor as I have to instruct a firm on the National Westminster Bank conveyancing list. I had appointed a family conveyancing solicitor in Seaham round the corner but the firm is not accepted by National Westminster Bank
It would be our pleasure to assist you select a conveyancing solicitor in Seaham on the National Westminster Bank panel. Please note that the solicitors that we list do not pay us fee if you instruct them and are under regulation of the SRA who oversee all conveyancing solicitors in Seaham. Using search facility on this site, you can scrutinise charges for conveyancing solicitors in Seaham and beyond.
We are 14 days into a leasehold purchase having been referred to conveyancers by the local agent to do our conveyancing in Seaham. I am am very disappointed with the level of service. Could you you assist me in finding new lawyers?
A lawyer would need to be very bad to suggest diss instructing them. Has the loan offer been generated? In the event that it has you will need to inform them of the replacement conveyancer and get the mortgage documents are issued to the new lawyers. The solicitor ideally should be on the banks approved list to avoid supplemental fees and complications. So that should be your starting point. Our search tool will help you find a lender approved conveyancer for your home move in Seaham
I am tempted by the attractive purchase price for a two maisonettes in Seaham which have approximately 50 years unexpired on the leases. Do I need to be concerned?
A lease is a right to use the property for a prescribed time frame. As a lease gets shorter the value of the lease decreases and it becomes more costly to acquire a lease extension. This is why it is often a good idea to increase the term of the lease. More often than not it is difficulties arise selling premises with a short lease as mortgage lenders may be unwilling to lend money on properties of this type. Lease extension can be a difficult process. We advise that you seek professional assistance from a solicitor and surveyor with experience in this arena.
I purchased a leasehold flat in Seaham, conveyancing formalities finalised 7 years ago. Can you work out an approximate cost of a lease extension? Similar properties in Seaham with an extended lease are worth £185,000. The average or mid-range amount of ground rent is £65 levied per year. The lease ceases on 21st October 2086
With only 60 years unexpired we estimate the price of your lease extension to span between £20,000 and £23,000 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.