Willretaining a Berkshire conveyancing firm make the ownership transfer easier?
In the main conveyancing solicitors in your location will enjoy strong alliances with your local authority, which can assist with your Berkshire conveyancing searches that your conveyancer will need to carry out. It can only be a plus if they enjoy strong connections with the Local Land Registry Office your area Berkshire, other lawyers in the neighbourhood and Berkshire selling agents.
Have purchased a a terraced house in Berkshire , What is the estimated time for the Land Registry to deal with the formalities evidencing my title? My Berkshire conveyancing solicitor has been very slow, so I want to check that my ownership is recorded.
As far as conveyancing in Berkshire is concerned, registration is no faster or slower than the rest of the country. As opposed to being determined by geographic area, timescales can vary subject to who lodges the application, whether there are errors and whether the Land registry have to notify any other persons or bodies. As of today in the region of three quarters of such applications are fully dealt with within 12 days but occasionally there can be extensive hold-ups. Historically registration takes place once the new owner has moved in to the property so 'speed' is not usually primary concern yet where it is urgent that the the registration takes place urgently then you or your conveyancer could communicate with the Registry to express the reasoning for an expedited registration.
I'm purchasing a new build house in Berkshire with the aid of help to buy. The developers would not move on the price so I negotiated £7000 of additionals instead. The sale representative suggested that I not inform my conveyancer about the side-deal as it could put at risk my loan with the lender. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Our conveyancer has advised that he intends to complete and exchange simultaneously on the sale of our £175,000 maisonette in Berkshire next week. The managing agents has quoted £372 for Landlord’s certificate, insurance certificate and 3 years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Berkshire?
Berkshire conveyancing on leasehold flats usually requires the purchaser’s lawyer sending enquiries for the landlord to address. Although the landlord is under no legal obligation to address such questions most will be content to assist. They are entitled to invoice a reasonable administration fee for answering questions or supplying documentation. There is no set fee. The average costs for the paperwork that you are referring to is £350, in some cases it is in excess of £800. The management information fee demanded by the landlord must be sent together with a synopsis of entitlements and obligations in respect of administration fees, without which the invoice is not strictly payable. Reality however dictates that one has no option but to pay whatever is requested of you if you want to sell the property.
I bought a split level flat in Berkshire, conveyancing formalities finalised 5 years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Berkshire with an extended lease are worth £181,000. The average or mid-range amount of ground rent is £55 levied per year. The lease ends on 21st October 2070
With just 51 years unexpired we estimate the price of your lease extension to be between £30,400 and £35,200 as well as legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and you obviously 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.
What can I do where I am dissatisfied with the lawyer who undertook our conveyancing in Berkshire?
We live in an imperfect world, and unfortunately every so often things do go wrong. Nevertheless there is recourse where you were unhappy with your conveyancing in Berkshire. This varies from trying to resolve matters directly with them, through to reporting a conveyancer to their regulator. If things still aren’t resolved you may consider getting in touch with the Legal Ombudsman.