My partner’s dad is a conveyancer. I am hopeful that I will receive mate’s rates for conveyancing, However if that does not come materialise, what kind of figure should I be paying for conveyancing in Whyteleafe?
You should contrast pricing. Make use of our comparison tool on this page. You will notice that charges may vary but the service one can expect are distinct between solicitors as is the case with most professions.
I require conveyancing for a flat in a relatively new development (6 years old) in Whyteleafe. 95% of the appartments have already been sold. Is it really necessary to order conveyancing searches as part of conveyancing in Whyteleafe?
You would be putting yourself at risk in refusing to carrying out Whyteleafe 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 seriously advise in no uncertain terms that your conveyancer conducts them. If accelerating the process and driving down costs are top of your concerns you should discuss with your lawyer about the options such as contingency insurance available to you
Will lawyers ask for an advanced payment when it comes to conveyancing in Whyteleafe?
Where you are retaining lawyers for conveyancing in Whyteleafe your lawyer will ask you put them with funds to cover the the cost of the conveyancing searches. Ordinarily this is needed to cover the fees of the conveyancing searches. When the deposit is as part of the purchase price then this will be required shortly in advance of exchange of contracts. Any further balance that is needed should be sent to your lawyer a couple of days ahead of the day of completion.
Due to the advice of my in-laws I had a survey completed on a house in Whyteleafe before instructing conveyancers. I have been told that there is a flying freehold element to the property. The surveyor has said that some mortgage companies will not issue a mortgage on this type of home.
It varies from the lender to lender. HSBC has different instructions from Nationwide. Should you wish to call us we can check with the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Whyteleafe. Conveyancing will be smoother if you use a solicitor in Whyteleafe especially if they are accustomed to such properties in Whyteleafe.
I have been recommended by numerous selling agents in Whyteleafe to choose a conveyancer using your seach tool. Is there a financial inducement for Estate Agents to offer your services rather than another?
We don’t make any financial incentive for directing people in our direction. We found it would be just too difficult to pay a commission because a client could think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ So we decided to step away from that.
I am employed by a long established estate agency in Whyteleafe where we have experienced a few leasehold sales derailed as a result of leases having less than 80 years remaining. I have received conflicting advice from local Whyteleafe conveyancing firms. Can you clarify whether the seller of a flat can initiate the lease extension formalities for the buyer?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser need not have to wait 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I am the proprietor of a second floor flat in Whyteleafe. In the absence of agreement between myself and the freeholder, can the Leasehold valuation Tribunal determine the sum due for the purchase of the freehold?
in cases where there is a missing freeholder or where there is dispute about what the lease extension should cost, under the relevant legislation you can apply to the Leasehold Valuation Tribunal to decide the sum to be paid.
An example of a Freehold Enfranchisement case for a Whyteleafe property is 223 Brighton Road in September 2013. The premium payable for the acquisition freehold of the properties should be £10,934 (Ten thousand,nine hundred and thirty four pounds) This case affected 3 flats. The unexpired term was 75 years.