Is there a reason why leasehold purchase conveyancing in Warwick costs more?
Warwick leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving relevant notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
We wanted to use a conveyancing solicitor in Warwick for our house move. Our financial adviser informed us that our mortgage lenders Virgin Money won't deal with them. Surely this is unfair competition?
Banks tend to imposes restrictions either the category or the number of conveyancing practices on their panel. Typical examples of such criteria being that a firm must have two or more partners. In addition to restricting the profile of firm, a few lenders have reduced the amount of firms they use to act for them. You should note that Virgin Money have no responsibility for the quality of advice provided by any member of Virgin Money Conveyancer Panel. Mortgage fraud was a key driver in the rationalisation of solicitor panels since 2008 even though there are mixed views regarding the level of solicitor involvement in some of that fraud. Figures from the Land Registry indicate that thousands of law firms, including some in or near Warwick only conduct very few conveyances a year.
A relative advised me that if I am purchasing in Warwick I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally quoted for as part of the standard Warwick conveyancing searches. It is not a small report of about 40 pages, listing and setting out significant information about Warwick around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Warwick Education with maps and statistics, Local Amenities and other useful data about Warwick.
In what way does the Landlord & Tenant Act 1954 affect my commercial premises in Warwick and how can your lawyers assist?
The 1954 Act affords a safeguard to business leaseholders, granting the a statutory right to make a request to court for a new tenancy and continue in occupation at the end of the lease term. There are certain specified grounds where a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Warwick is one of our numerous areas of the UK in which our lawyers are based
My partner has recommend that I instruct his conveyancers in Warwick. Do I follow his recommendation?
Much as we are happy to recommend a Warwick conveyancing lawyer the ideal way to select a conveyancing practitioner is to have recommendations from friends or relatives who have previously instructed the conveyancer that you are considering.
I have just started marketing my 2 bed apartment in Warwick.Conveyancing solicitors are to be appointed soon however I have recently had a quarterly service charge invoice – Do I pay up?
Your conveyancing lawyer is likely to suggest that you should clear the service charge as usual given that all ground rent and maintenance invoices will be apportionedon completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially