I used Arc property Solicitors several years past for my conveyancing in Broughton In Furness. Now, I need the documents however the law firm is no longer operating. What do I do?
Do contact the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Broughton In Furness of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to the advice of my in-laws I had a survey completed on a house in Broughton In Furness in advance of instructing conveyancers. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some lenders will refuse to grant a loan on such a house.
It varies from the lender to lender. Lloyds has different requirements for example to Nationwide. Should you wish to telephone us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Broughton In Furness. Conveyancing may be slightly more expensive based on your lender's requirements.
I need to appoint a conveyancing solicitor for leasehold conveyancing in Broughton In Furness. I've stumble upon a site which looks to be the ideal answer If there is a chance to get all the legals completed via phone that would be preferable. Do I need to be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
Last May I purchased a leasehold flat in Broughton In Furness. Do I have any liability for service charges for periods before completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure 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 garden flat in Broughton In Furness, conveyancing was carried out 10 years ago. Can you work out an approximate cost of a lease extension? Comparable properties in Broughton In Furness with a long lease are worth £197,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease ends on 21st October 2081
With 56 years unexpired the likely cost is going to span between £29,500 and £34,000 plus costs.
The figure above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure without more detailed due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.
We are in the throes of selling our flat in Broughton In Furness. Conveyancing lawyers are doing their job but we are being charged a fortune by the landlord. To date we have issued a cheque for £275 for a leasehold management pack and then a further £117.20 for answers to queries supplied by the purchaser's conveyancing practitioner.
Your property lawyer will not have any impact over the level of the charges for this information but the average costs for the information for Broughton In Furness leasehold property is £350. For Broughton In Furness conveyancing transactions it is conventional for the owner to pay for these costs. The freeholder or their agents are under no statutory obligation to address such questions most will be willing to do so - albeit often at high prices disproportionate to the work involved. Regretfully there is no legislation that requires capped fees for administrative tasks. There is no statutory time limit by which they are required to supply answers.