Do the conveyancing solicitors indexed on your site conduct right to buy conveyancing in Bourton on the Water?

We do have a variety of conveyancing experts carrying out right to buy transactions You should get in touch with the lawyers listed with a view to obtain a conveyancing quote.

Will our conveyancer be raising questions concerning flooding as part of the conveyancing in Bourton on the Water.

Flooding is a growing risk for lawyers dealing with homes in Bourton on the Water. There are those who purchase a property in Bourton on the Water, fully aware that at some time, it may suffer from flooding. However, aside from the physical damage, where a house is at risk of flooding, it may be difficult to get a mortgage, adequate building insurance, or sell the property. Steps can be carried out during the course of a house purchase to forewarn the buyer.

Conveyancers are not qualified to offer advice on flood risk, but there are a numerous searches that may be initiated by the purchaser or by their lawyers which can give them a better understanding of the risks in Bourton on the Water. The conventional set of property information forms given to a buyer’s lawyer (where the solicitors are adopting what is known as the Conveyancing Protocol) contains a standard question of the owner to find out if the premises has suffered from flooding. In the event that flooding has previously occurred and is not notified by the vendor, then a buyer may issue a legal claim for losses as a result of such an inaccurate reply. A buyer’s lawyers may also order an environmental report. This should higlight if there is a recorded flood risk. If so, more detailed investigations should be initiated.

Should I go with a Bourton on the Water conveyancing lawyer based in the vicinity that I am purchasing? I have an old university friend who can deal with the legal formalities however his firm is located a couple of hundredmiles away.

The benefit of a high street Bourton on the Water conveyancing firm is that you can drop in to execute paperwork, hand in your identification documents and pester them if necessary. Having local Bourton on the Water know how is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If you know people who instructed your friend and in the main were impressed that must outweigh using an unknown Bourton on the Water conveyancing solicitor solely due to them being round the corner.

All being well we will complete our sale of a £475,000 garden flat in Bourton on the Water on Monday in a week. The landlords agents has quoted £300 for Certificate of Compliance, insurance certificate and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Bourton on the Water?

Bourton on the Water conveyancing on leasehold apartments normally involves fees being raised by freeholders :

Answering conveyancing due diligence enquiries Where consent is required before sale in Bourton on the Water Copies of the building insurance and schedule Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale

Your solicitor will have no control over the level of the charges for this information but the average costs for the information for Bourton on the Water leasehold property is £350. For Bourton on the Water conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to supply answers.

I invested in buying a split level flat in Bourton on the Water, conveyancing was carried out 5 years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Bourton on the Water with a long lease are worth £170,000. The average or mid-range amount of ground rent is £50 levied per year. The lease expires on 21st October 2102

You have 78 years remaining on your lease we estimate the price of your lease extension to be between £7,600 and £8,800 as well as plus your own and the landlord's "reasonable" professional fees.

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 tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.

Why do Bourton on the Water conveyancing costs are higher for leasehold and freehold properties?

Inevitably there is more work involved for leasehold conveyancing. Bourton on the Water has many leasehold properties. There is more time involved in the purchase: for example, the lease and leasehold information (including up to date service charge, ground rent and buildings insurance details) obtained from the freeholder or managing agents. There are strict criteria that the lease must meet in order to be acceptable to a mortgage company. If it does not meet these requirements, the lease must be amended, which can involve additional expense for the seller.