Why is leasehold purchase conveyancing in Tidworth is more expensive?
In summary, leasehold conveyancing in Tidworth and Wiltshire usually involve more work compared to freehold conveyancing. This includes lease investigation, corresponding with the landlord about the service of required notices, obtaining up-to-date service charge and management information, securing the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first granted.
I am assisting my mother sell her property in Tidworth. Will the solicitor order an EPC or it is for the seller to see to?
After the abolition of Home Information Packs, EPC’s remained a compulsory element of selling a property. An EPC should be to hand in advance of the property being marketed. This is not a task that solicitors normally organise. Where you are instructing a Tidworth conveyancing practitioner they may be willing to arrange energy assessments due to their contacts with reputable Tidworth providers
Can I be sure that the Tidworth conveyancing solicitor on the Principality panel is any good?
When it comes to conveyancing in Tidworth seeking recommendations is a good starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always recommend that you speak with the solicitor carrying out your conveyancing.
It is not clear whether my bank obliges me to make sure the lease term for the flat is extended prior to the completion date. I have called my Tidworth bank branch on various occasions and was told it does not impact the mortgage offer and they will lend. My Tidworth conveyancing solicitor - who is on the mortgage company conveyancing panel- telephoned and was told they refuse to lend in accordance with their UK Finance Lenders’ Handbook minimum lease term requirements. Who do I believe?
The conveyancer has to comply with the CML Handbook section two requirements for your lender. Unless your lawyer obtains specific confirmation in writing that the lender will go ahead, your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask the bank to contact your lawyer in writing confirming that they will accept the number of years remaining.
I decided to have a survey done on a house in Tidworth in advance of instructing solicitors. I have been advised that there is a flying freehold element to the house. Our surveyor has said that some banks may refuse to issue a mortgage on such a premises.
It depends who your proposed lender is. Bank of Scotland has different requirements for example to Nationwide. If you call us we can investigate further with the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Tidworth. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Tidworth to see if the conveyancing costs will increase in light of this.
What does commercial conveyancing in Tidworth cover?
Tidworth conveyancing for business premises incorporates a wide range of advice, offered by qualified solicitors, relating to business property. For instance, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.
In my capacity as executor for the estate of my grandmother I am disposing of a residence in Cardiff but I am based in Tidworth. My lawyer (approximately 200 kilometers awayrequires that I execute a stat dec ahead of the transaction finalising. Could you suggest a conveyancing lawyer in Tidworth to witness and place their company stamp on the document?
Technically speaking you should not be required to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will do regardless of whether they are Tidworth based
I am hoping to purchase a repossessed property in Tidworth and the vendor require completion within a week. Can a lawyer meet that timeframe? Am I best advised to select a high street Tidworth firm or an online conveyancer that advertises to offer speedy conveyancing?
Attend your Tidworth shopping parade. Pop in to 3 solicitor’s offices and ask to talk to a conveyancing solicitor for a quote. Explain your needs and seek a commitment on speed. Select the firm that appears most efficient. Make sure to select a conveyancer on the panel of conveyancers acceptable to your mortgage company.