I have justbeen informed that Stirling Law have been shut down. They conducted my conveyancing in Bracknell for a purchase of a leasehold flat 10 months ago. How can I be sure that my home is not still registered in the name of the former proprietor?
The quickest way to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Bracknell conveyancing specialists.
How does conveyancing in Bracknell differ for newly converted properties?
Most buyers of new build residence in Bracknell contact us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is finished. This is because house builders in Bracknell tend to purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancing solicitors as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Bracknell or who has acted in the same development.
How do I identify a Bracknell solicitor on the Barclays conveyancing panel? I have wheels and am prepared to travel upto 25miles to meet the lawyer.
You can use the facility on this website. Please pick a lender and your location and you will see a number of Bracknell conveyancing lawyers locally. We have listed some Bracknell conveyancing firms towards the end of this page and you can contact them to verify if they are on the Barclays panel
As co-executor for the will of my uncle I am selling a property in Cardiff but reside in Bracknell. My conveyancer (based 235 miles from merequires that I execute a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing lawyer in Bracknell to attest and place their company stamp on the document?
Technically speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will be fine regardless of whether they are Bracknell based
Last December I purchased a leasehold flat in Bracknell. Am I liable to pay service charges for periods before completion of my purchase?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I invested in buying a 2 bed flat in Bracknell, conveyancing was carried out August 2011. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Bracknell with a long lease are worth £216,000. The average or mid-range amount of ground rent is £50 yearly. The lease comes to an end on 21st October 2094
With only 70 years left to run we estimate the price of your lease extension to range between £9,500 and £11,000 as well as legals.
The suggested premium range 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 detailed due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.