My wife and I are due to complete buying a house in Braintree but as a consequence of damage from the recent storms I have was able negotiate compensation from the seller in the sum of £3k in the form of a adjustment in the price. I had intended this to be addressed as part of a side agreement but HSBC will not agree to this. Why were they informed?
Any property lawyer that is on a HSBC conveyancing panel is required to disclose to HSBC of any amendments to the purchase price. If you were to refuse your conveyancing practitioner to report the price change to HSBC then they would have to discontinue acting for you. In addition, HSBC and you would have to appoint a new solicitor for your conveyancing in Braintree.
Should commercial conveyancing searches reveal planned roadworks that could affect a commercial premises in Braintree?
Many commercial conveyancing solicitors in Braintree will order a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Braintree. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Braintree.
For each commercial conveyancing transaction in Braintree it is critical to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may cause delays to Braintree commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not carried out for residential conveyancing in Braintree.
My husband and I are FTB’s - had an offer accepted, yet the estate agent advised that the vendor will only move forward if we appoint their chosen conveyancers as they need an ‘expedited deal’. Our preferred option is to instruct a local conveyancer accustomed to conveyancing in Braintree
We suspect that the owner is not behind this demand. If they desire ‘a quick sale', turning down a motivated buyer is not the way to achieve this. Speak to the owners direct and make sure they comprehend that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are unencumbered (d) you wish to move quickly (e)but you are going to instruct your preferred Braintree conveyancing solicitors - as opposed tothose that will earn their estate agent a kickback or meet his conveyancing thresholds demanded by HQ.
I own a leasehold house in Braintree. Conveyancing and National Westminster Bank mortgage organised. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1998. The conveyancing solicitor in Braintree who previously acted has now retired. Any advice?
First contact the Land Registry to be sure that this person is in fact the new freeholder. There is no need to instruct a Braintree conveyancing firm to do this as you can do this on the Land Registry website for £3. Rest assured that regardless, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I own a garden flat in Braintree, conveyancing having been completed January 1995. Can you please calculate a probable premium for a statutory lease extension? Similar properties in Braintree with an extended lease are worth £186,000. The ground rent is £55 invoiced annually. The lease ends on 21st October 2077
With just 52 years remaining on your lease we estimate the premium for your lease extension to span between £29,500 and £34,000 plus professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on the actual costs without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.
What are the differing property related services that Braintree conveyancing solicitors supply?
On the whole Braintree conveyancing companies can provide a number of legal advice to home and land proprietors, sellers, investors, freeholders and tenants such as:
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Property sale conveyancing in Braintree or beyond
Domestic purchase conveyancing in Braintree and further afield
Probate conveyancing and court of protection Property investment and purchasing to Let Conveyancing for new build properties Unregistered land conveyancing in Braintree - voluntary registration of ownership