I am in the market for a low cost property lawyer. Do I opt for a nationwide conveyancer rather than a high street West Dean conveyancing solicitor?
Established third party relationships is an important consideration when appointing conveyancing solicitors. West Dean conveyancers enjoy connections with financial advisers and West Dean, local authorities, surveyors and other law firms meaning the whole process is going to be much smoother for you. Hosting a sound intelligence of the local area also helps too.
Yesterday I discovered that there is a flying freehold element on a property I put an offer in a fortnight ago in what should have been a quick, chain free conveyancing. West Dean is the location of the property. Can you offer any advice?
Flying freeholds in West Dean are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside West Dean you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in West Dean may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
Hoping to buy a property located in West Dean and I am already nervous. I couldn't find anything specific about West Dean. Conveyancing will be needed in due course but do you know about the West Dean area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at West Dean. In the meantime here are some basic statistics that we found
In my capacity as executor for the estate of my father I am disposing of a house in Swansea but live in West Dean. My lawyer (approximately 260 kilometers from meneeds me to sign a stat dec prior to completion. Can you recommend a conveyancing solicitor in West Dean to witness this legal document for me?
Technically speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily any notary public or qualified solicitor will suffice regardless of whether they are West Dean based
I am tempted by the attractive purchase price for a two apartments in West Dean both have in the region of 50 years remaining on the leases. Will this present a problem?
A lease is a legal document that entitles you to use the premises for a prescribed time frame. As a lease gets shorter the saleability of the lease reduces and it becomes more costly to acquire a lease extension. For this reason it is advisable to extend the lease term. Sometimes it is difficulties arise selling premises with a short lease because mortgage lenders less inclined to grant a loan on properties of this type. Lease enfranchisement can be a protracted process. We recommend you seek professional assistance from a conveyancer and surveyor with experience in this area.
I inherited a leasehold flat in West Dean, conveyancing having been completed in 2007. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in West Dean with an extended lease are worth £190,000. The ground rent is £65 yearly. The lease terminates on 21st October 2087
With only 61 years remaining on your lease we estimate the price of your lease extension to be between £18,100 and £20,800 as well as legals.
The figure above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.
I’m about to sell my 2 bed flat in West Dean.Conveyancing solicitors are to be appointed soon but I have recently received a yearly maintenance charge demand – should I leave it to the buyer to sort out?
The sensible thing to do is clear the maintenance contribution as normal given that all rents and maintenance payments should be allottedon completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless 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. This will smooth the conveyancing process