We were about to choose a conveyancing solicitor in Bures listed by you but have come across some other quotes via the web seem less expensive – how come?
You can find hundreds of solicitors marketing what appear to be very low prices. We suggest that you give due consideration about how important this transaction is to you that want to take 'cheap' risks with regard to the standard of the conveyancing. Many of them highlight a low quote to catch your eye but plant extra costs in the small print..
Just had an offer accepted on a new build apartment in Bures. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Bures
Please supply a car parking plan. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided.
I have been pointed in your direction by a few selling agents in Bures to find a property lawyer on your site. What’s the financial advantage for Estate Agents to offer your lawyers over another?
We refuse to make any referral fee for pointing buyers and sellers in our direction. We thought it would be too underhand to pay a commission because a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
We're new on the property ladder - agreed a price, yet the estate agent has warned us that the vendor will only proceed if we instruct their chosen lawyers as they want an ‘expedited deal’. My instinct tells me that we should use a high street conveyancer with experience of conveyancing in Bures
We suspect that the owner is unaware of this demand. If they desire ‘a quick sale', taking such a hostile approach to a serious buyer is not the way to achieve this. Bypass the agents and go straight to the owners and explain that (a)you are keen to buy (b)you are ready to go, with mortgage lined up © you are unencumbered (d) you intend to proceed fast (e)however you intend to appoint your own,trusted Bures conveyancing lawyers - as opposed tothose that will give the negotiator at the agency a referral fee or meet his conveyancing figures demanded by HQ.
I have just started marketing my 2 bed flat in Bures. Conveyancing has not commenced, but I have recently received a quarterly maintenance charge invoice – should I leave it to the buyer to sort out?
Your conveyancing lawyer is likely to suggest that you should discharge the service charge as you normally would as all ground rent and maintenance payments should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.
I own a 2 bed flat in Bures, conveyancing having been completed 9 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding flats in Bures with over 90 years remaining are worth £171,000. The average or mid-range amount of ground rent is £50 per annum. The lease expires on 21st October 2097
With 79 years left to run the likely cost is going to be between £8,600 and £9,800 plus 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 the actual costs in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.