I was recommended to a lawyer who has quoted £1200 for no sale no fee conveyancing in Aston. I am hoping to downsize from a Georgian house for £175,000. Are these conveyancing fees excessive? Is it above what I should be paying for conveyancing in Aston?
The estimate does seem a tad steep. Where you are prepared to invest time contrasting quotes you might shave off some of the expense by say £100 plus VAT. On the other hand, you mightlive to rue opting for an an unknown lawyer. Don't forget to enquire that the firm can also act for your lender. You can utilise our comparison tool to get a quote a Aston conveyancing company on the lender’s approved list of lawyers which can often include conveyancing solicitors in Aston.
About to purchase a new build apartment in Aston. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Aston
Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please supply a car parking plan. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.
I have been on the look out for a ground for flat up to £195,000 and identified one round the corner in Aston I like with open areas and station in the vicinity, the downside is that it's only got 52 years on the lease. There is not much else in Aston in this price bracket, so just wondered if I would be making a grave error buying a short lease?
Should you need a mortgage the remaining unexpired lease term may be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you may ask them to start the process of the extension and pass 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 consult your conveyancing lawyer about this matter.
My business partner and I are wishing to lease a unit on a shopping parade. Can you recommend conveyancers offering competitive fees for commercial conveyancing in Aston for below £1,200?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Aston, including the disposal and purchase of businesses as well as simply property. Whether you are hoping to purchase or lease a shop, pub, restaurant, office, retail unit or a complete business we will find you the right firm. Regarding the fees this will depend on the structure and terms of the proposed transaction. Let us have your contact information or call so as to enable us to provide you with a fixed commercial conveyancing calculation.
Estate agents have just been given the go-ahead to market my 2 bed apartment in Aston. Conveyancing has not commenced, however I have just received a half-yearly maintenance charge invoice – should I leave it to the buyer to sort out?
It best that you clear the maintenance contribution as usual because all rents and maintenance invoices should be apportioned on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies 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. This will smooth the conveyancing process.
I own a leasehold flat in Aston, conveyancing having been completed half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Aston with a long lease are worth £185,000. The ground rent is £65 per annum. The lease expires on 21st October 2081
With 61 years remaining on your lease we estimate the price of your lease extension to span between £19,000 and £22,000 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first getting professional advice.