What does a local search reveal concerning the house we're purchasing in Birchgrove?
Birchgrove conveyancing often starts with the ordering local authority searches directly from your local Authority or through a personal search company for instance PSG The local search is essential in every Birchgrove conveyancing purchase; as long as you wish to avoid any nasty surprises after you move into your property. The search should reveal data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
I have justfound out that Arc property Solicitors have been shut down. They carried out my conveyancing in Birchgrove for a purchase of a leasehold apartment 18 months ago. How can I be sure that my home is in my name in the name of the former proprietor?
The easiest way to check if the property is registered to you, 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 Birchgrove conveyancing specialists.
In what way can the Landlord & Tenant Act 1954 impact my commercial premises in Birchgrove and how can you help?
The 1954 Act gives security of tenure to business tenants, granting the right to apply to court for a new lease and remain in occupation when the lease comes to an end. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Birchgrove is one of the numerous areas of the UK in which the firms we work with are based
My husband and I are novice buyers - agreed a price, yet the estate agent has warned us that the vendor will only issue a contract if we instruct their preferred lawyers as they need a ‘quick sale’. Our preferred option is to instruct a family conveyancer accustomed to conveyancing in Birchgrove
It is unlikely the vendors are driving this. Should the owner require ‘a quick sale', alienating a serious buyer is going to damage their objectives. Try to communicate with the vendors directly and make sure they understand (a)you are motivated buyers (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)however you will continue to use your own,trusted Birchgrove conveyancing lawyers - not the ones that will give their negotiator at the agency a commission or achieve conveyancing thresholds pre-set by head office.
Last September I purchased a leasehold house in Birchgrove. Am I liable to pay service charges for periods before my ownership?
In a situation where the service charge has already been demanded from the previous owner 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. It is an essential part of leasehold conveyancing for your conveyancer to ensure 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 am the registered owner of a 1st floor flat in Birchgrove, conveyancing formalities finalised in 2005. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Birchgrove with a long lease are worth £180,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease finishes on 21st October 2077
With only 58 years left to run we estimate the premium for your lease extension to span between £22,800 and £26,400 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before seeking the advice of a professional.