I require conveyancing for an apartment in a relatively new development (five years old) in Surrey Quays. 95% of the flats are already occupied. Do I need carry out the neighbourhood searches as part of conveyancing in Surrey Quays?
You are putting yourself at risk in refusing to carrying out Surrey Quays conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal necessity to have them, but we would strongly advise in no uncertain terms that you have them. Where time pressures and expenses are primary issues you should discuss with your lawyer about the options such as contingency insurance available to you
Forgive me if this question is silly but I am wet behind the ears as FTB of a ground floor flat in Surrey Quays. Do I pick up the keys to the house on completion from my solicitor? If so, I will use a local conveyancing solicitor in Surrey Quays?
There is no need to visit the lawyers office on the day of completion. Conveyancing lawyers for you will transfer the purchase money to the owner’s conveyancers, and once they have received this, you will be invited to pick up the keys from the selling Agents and move into your new home. This tends to happen between 1 and 3pm.
We are getting the release of further monies on our mortgage from Skipton as we wish to carry out alterations to our home in Surrey Quays. Do we need to choose a nearby Surrey Quays solicitor on the Skipton conveyancing panel to handle the legals?
Skipton would not normally require firms on their approved list of lawyers to handle the formalities. If they do require any legal work then you would need to ensure that such a lawyer was on the Skipton list.
Our sealed bid on a property in Surrey Quays has been accepted, but there is a chain. The sellers have offered on a flat, however it’s not been accepted yet, and have viewings of other properties in the pipeline. I have instructed a nearby conveyancing solicitor in Surrey Quays. What should be my next step? When should I get the mortgage application with Principality going?
It is understandable to have anxieties where there is a chain as you are unlikely to want to be too out of pocket prematurely (mortgage application is in the region of one thousand pounds, then survey, Surrey Quays conveyancing search costs, etc). First, you should check that your conveyancing practitioner is on the Principality conveyancing panel. Regarding the next stages this very much depends on the circumstances of your case, desire for the property and on the state of the market. During a rising market some purchasers would apply for the mortgage with Principality and pay for the valuation and only if it comes back ok would they request their conveyancer to proceed with the conveyancing in Surrey Quays.
How does conveyancing in Surrey Quays differ for new build properties?
Most buyers of new build residence in Surrey Quays contact us having been asked by the builder to exchange contracts and commit to the purchase even before the property is built. This is because new home sellers in Surrey Quays typically purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Surrey Quays or who has acted in the same development.
Over the last few months I have been searching for a ground for flat up to £305k and found one close by in Surrey Quays I like with amenity areas and transport links nearby, however it only has 61 years unexpired on the lease. I can't really find anything else in Surrey Quays in this price bracket, so just wondered if I would be making a grave error buying a short lease?
If you require a mortgage the shortness of the lease will likely be a potential deal breaker. Reduce the price by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you could ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
How can the Landlord & Tenant Act 1954 impact my business premises in Surrey Quays and how can you help?
The particular law that you refer to gives security of tenure to commercial tenants, giving them the a statutory right to make a request to court for a continuation of occupancy at the end of the lease term. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Surrey Quays is one of our numerous locations in which our lawyers have offices
I am a fortnight into a freehold purchase having been referred to solicitors by the local agent to execute conveyancing in Surrey Quays. We are not happy. Could you help me find new lawyers?
They would have to be very poor to suggest diss instructing them. Has your mortgage offer been issued? If so you will need to advise them of the new lawyer and ensure the offer are issued to the new lawyers. The conveyancer needs to be on the lenders approved list to avoid supplemental costs and complications. So that should be your first question of the new lawyers. The find a solicitor tool should help you find a lender approved lawyer for your home move in Surrey Quays