I am approaching an exchange on a house in Buckinghamshire and my mum and dad have transferred the 10% deposit to my conveyancer. I am now told that as the deposit has not arrived from me my conveyancer needs to disclose this to my bank. I am advised that, in also acting for the bank he must inform them that the balance of the purchase price is not just from me. I advised the lender concerning my parents' contribution when I applied for the mortgage, so is it really appropriate for him to raise this?
Your property lawyer is legally required to check with mortgage company to make sure that they understand that the balance of the purchase price is not from your own resources. The solicitor can only notify this to your bank if you agree, failing which, your lawyer must cease to continue acting.
I am a sole trader intending to lease a unit on the high street. Can you recommend lawyers offering competitive charges for non-domestic conveyancing in Buckinghamshire for under £1,200?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Buckinghamshire, including the sale and acquisition of businesses as well as simply property. If you are hoping to purchase or dispose of a shop, pub, restaurant, office, retail premises or a complete business we can find you the right lawyer. Regarding the fees these will vary based on the structure and heads of terms of the proposed transaction. Let us have your details or call us so that we may furnish you with a detailed commercial conveyancing calculation.
My father has urged me to instruct his conveyancers in Buckinghamshire. Should I use them?
There are no two ways about it it’s preferable to find a conveyancing solicitor is to seek referrals from friends or relatives who have actually experience in using the firm you're contemplating using.
I've found a house that appears to meet my requirements, at a reasonable figure which is making it all the more appealing. I have just been informed that it's a leasehold as opposed to freehold. I am assuming that there are issues buying a house with a leasehold title in Buckinghamshire. Conveyancing solicitors have are soon to be instructed. Will my lawyers set out the risks of buying a leasehold house in Buckinghamshire ?
The majority of houses in Buckinghamshire are freehold and not leasehold. This is one of the situations where having a local solicitor used to dealing with such properties who can help the conveyancing process. We note that you are buying in Buckinghamshire so you should seriously consider shopping around for a Buckinghamshire conveyancing solicitor and check that they are used to transacting on leasehold houses. First you will need to check the number of years remaining. Being a tenant you will not be entirely free to do whatever you want to the property. The lease comes with conditions such as requiring the freeholder’sconsent to conduct alterations. You may also be required to pay a contribution towards the upkeep of the estate where the property is part of an estate. Your solicitor should advise you fully on all the issues.
I acquired a studio flat in Buckinghamshire, conveyancing having been completed in 2001. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Buckinghamshire with a long lease are worth £180,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease ends on 21st October 2078
You have 59 years remaining on your lease we estimate the premium for your lease extension to span between £20,900 and £24,200 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive investigations. You should not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.
My fiance is buying a shared ownership flat in Buckinghamshire. He was given a quote by the conveyancing practitioner connected to the selling agents totaling £1250 . It was 9 years ago I sold and bought a property and the fee was £just under five hundred pounds. Have fees really increased to that extent?
You should contact two or three local Buckinghamshire conveyancing firms seeking estimates. You should base your choice not only on cost, but on promptness and on how comprehensive the reply is.