I have todaydiscovered that Action Conveyancing have closed. They carried out my conveyancing in Amersham for a purchase of a leasehold flat 9 months ago. How can I be sure that the property is registered correctly in the name of the former proprietor?
The easiest method to see if the premises is in your name, you can carry out 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 Amersham conveyancing specialists.
How does conveyancing in Amersham differ for newly converted properties?
Most buyers of new build property in Amersham approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is ready to move into. This is because house builders in Amersham usually buy the site, 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 Amersham or who has acted in the same development.
I need to find a conveyancing solicitor for some conveyancing in Amersham. I happened to stumble across a site which seems to have the perfect answer If there is a chance to get all this stuff done via email that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I am tempted by the attractive purchase price for a two maisonettes in Amersham both have approximately forty five years unexpired on the leases. Should I regard a short lease as a deal breaker?
There are plenty of short leases in Amersham. The lease is a legal document that entitles you to use the premises for a prescribed time frame. As the lease shortens the saleability of the lease decreases and it becomes more expensive to extend the lease. This is why it is generally wise to extend the lease term. Sometimes it is difficult to sell a property with a short lease because mortgage lenders may be unwilling to lend money on properties of this type. Lease enfranchisement can be a protracted process. We advise that you seek professional help from a conveyancer and surveyor with experience in this arena.
I inherited a studio flat in Amersham, conveyancing having been completed half a dozen years ago. Can you work out an approximate cost of a lease extension? Comparable flats in Amersham with over 90 years remaining are worth £179,000. The average or mid-range amount of ground rent is £65 charged once a year. The lease expires on 21st October 2078
You have 57 years left to run we estimate the premium for your lease extension to range between £26,600 and £30,800 as well as legals.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs without more comprehensive 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 you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.
There are plenty of properties in Amersham on unadopted roads. I am acquiring one such property. Are there any advantages to purchasing a property on a privately owned road?
Amersham conveyancing practices are familiar with dealing homeson unadopted roads. The conveyancer should investigate Land Registry data to identify any rights or liabilities. It is possible that there is a residents association that residents make annual payments for the upkeep of the road. Where there is one, the road should be maintained and look better than publicly owned.