We are expecting a mortgage offer soon. The lender mentioned the loan came with free conveyancing. Does this mean I have to instruct their panel lawyer as I would prefer to use a high street conveyancing solicitor in Blyth?
Do check but the the likelihood is that appoint one of their panel conveyancers if you want the "fee-free" incentive. Call the bank to see if they make available a cash alternative. It is not unheard for a lender to give a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor in Blyth.
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what was supposed to be a straight forward, chain free conveyancing. Blyth is where the house is located. Can you offer any assistance?
Flying freeholds in Blyth are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Blyth you must be sure that your lawyer goes through the deeds diligently. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Blyth may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I am a sole trader looking to take an assignment of a lease of a shop on the high street. Can you recommend conveyancers offering fixed fees for non-domestic conveyancing in Blyth for under 2k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Blyth, including the sale and purchase of businesses as well as simply property. If you are hoping to buy or lease a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right solicitor. As for the costs these will vary based on the structure and complexity of the proposed transaction. Let us have your contact information or telephone so as to enable us to provide you with a detailed commercial conveyancing quote.
In my capacity as executor for the estate of my aunt I am disposing of a residence in Neath but reside in Blyth. My lawyer (approximately 235 miles awayhas requested that I execute a statutory declaration before completion. Could you suggest a conveyancing practitioner in Blyth to attest and place their company stamp on the document?
strictly speaking you should not be required to have the documents witnessed by a conveyancing solicitor. Normally or notary public or qualified solicitor will do regardless of whether they are located in Blyth
Do you have any top tips for leasehold conveyancing in Blyth from the point of view of saving time on the sale process?
- A significant proportion of the frustration in leasehold conveyancing in Blyth can be avoided if you instruct lawyers the minute your agents start advertising the property and request that they start to put together the leasehold information needed by the purchasers’ representatives. You may think that you are aware of the number of years left on your lease but you should verify this by asking your lawyers. A purchaser's lawyer will be unlikely to recommend their client to to exchange contracts if the lease term is under 75 years. In the circumstances it is essential at an as soon as possible that you consider whether the lease term for your property needs extending. If it does, contact your solicitors before you put your property on the market for sale. Many freeholders or Management Companies in Blyth levy fees for providing management packs for a leasehold home. You or your lawyers should find out the fee that they propose to charge. The management information can be applied for as soon as you have a buyer, thus reducing delays. The average time it takes to receive management information is three weeks. It is the most usual reason for frustration in leasehold conveyancing in Blyth. In the event that you altered the property did you need the Landlord’s permission? In particular have you laid down wooden flooring? Blyth leases often stipulate that internal structural alterations or installing wooden flooring calls for a licence issued by the Landlord acquiescing to such alterations. If you fail to have the consents to hand do not contact the landlord without contacting your solicitor in advance. If you have the benefit of shareholding in the Management Company, you should ensure that you have the original share certificate. Arranging a replacement share certificate can be a time consuming process and delays many a Blyth conveyancing transaction. If a new share is necessary, do contact the company officers or managing agents (where applicable) for this at the earliest opportunity.
I own a garden flat in Blyth, conveyancing was carried out November 1996. How much will my lease extension cost? Comparable properties in Blyth with over 90 years remaining are worth £206,000. The ground rent is £45 invoiced every year. The lease runs out on 21st October 2085
You have 66 years unexpired we estimate the price of your lease extension to range between £11,400 and £13,200 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.