Do the conveyancing lawyers Indexed on your site conduct auction conveyancing in Woodstock?
There are a few auction lawyers we can connect you with those who can conduct auction conveyancing. Woodstock is one of hundreds of locations where our lawyers have offices.
Various online forums that I have come across warn that are the number one reason for delay in Woodstock house deals. Is this right?
The Council of Property Search Organisations (CoPSO) released conclusions of a review by MoveWithUs that conveyancing searches do not figure amongst the top 10 causes of hindrances during the legal transfer of property. Searches are not likely to be the root cause of delay in conveyancing in Woodstock.
Me and my brother have a 4 bedroom Georgian house in Woodstock. Conveyancing lawyer acted for me and Platform Home Loans Ltd. I did a free Land Registry search last week and I saw two entries: one for freehold, another for leasehold with the matching property. I thought I was buying a freehold how can I check?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Woodstock and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also check the situation with your conveyancing lawyer who conducted the purchase.
I have been on the look out for a leasehold apartment up to £305k and found one near me in Woodstock I like with amenity areas and station nearby, however it's only got 61 years on the lease. I can't really find anything else in Woodstock suitable, so just wondered if I would be making a grave error buying a lease with such few years left?
If you require a mortgage the remaining unexpired lease term will be problematic. Discount the price by the amount the lease extension will cost if it has not already been discounted. If the existing proprietor has owned the premises for a minimum of twenty four months you may ask them to commence the lease extension formalities and then assign 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 speak to your conveyancing lawyer regarding this.
How easy is it to switch solicitor as I need to appoint one who is on the Barnsley Building Society conveyancing list. I instructed a family conveyancing solicitor in Woodstock round the corner but he is not approved by Barnsley Building Society
We will our best to assist in finding you a conveyancing solicitor in Woodstock on the Barnsley Building Society panel. Please note that the property lawyers that we list do not pay us fee if you instruct them and are fully regulated by the Solicitors Regulation Authority who oversee all conveyancing solicitors in Woodstock. In making use of the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Woodstock.
I’m about to sell my garden flat in Woodstock. Conveyancing lawyers have not yet been instructed, however I have recently received a half-yearly maintenance charge invoice – what should I do?
It best that you discharge the invoice as you normally would given that all ground rent and service charges should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the purchaser for the period running from after the completion date to the subsequent invoice 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. Having a clear account will assist your cause and will leave you no worse off financially.
I acquired a garden flat in Woodstock, conveyancing formalities finalised August 2009. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Woodstock with over 90 years remaining are worth £176,000. The ground rent is £50 levied per year. The lease comes to an end on 21st October 2105
With only 80 years left to run we estimate the premium for your lease extension to range between £8,600 and £9,800 plus costs.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.