Can you explain why leasehold purchase conveyancing in Cannington costs more?
Cannington leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving relevant notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
My bank has recommended a law firm on their panel based in Cannington but I would rather choose a conveyancing lawyer in Cannington local to me. Can you help?
Far from all Cannington conveyancing solicitors are listed all lender’s conveyancing panel. Use our find an approved solicitor tool to locate a Cannington conveyancing solicitor on the on the lender panel.
How do I search for a Cannington solicitor on the Bank of Scotland conveyancing panel? I have wheels and am willing to travel upto 25miles to meet the lawyer.
You can use the tool on this website. Please choose the bank and your location and you will see a number of Cannington conveyancing lawyers locally. We have listed some Cannington conveyancing firms at the bottom of this page and you can contact them to see if they are on the Bank of Scotland member panel
We're first time buyers - agreed a price, yet the property agent advised that the seller will only proceed if we appoint their preferred lawyers as they are insisting on an ‘expedited deal’. We would rather use a high street conveyancer with experience of conveyancing in Cannington
It is improbable the sellers are driving this. If they desire ‘a quick sale', turning down a genuine buyer is not the way to achieve this. Try to communicate with the owners directly and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are chain free (d) you intend to proceed fast (e)however you are going to use your preferred Cannington conveyancing solicitors - not the ones that will give their estate agent a introducer fee or achieve conveyancing thresholds pre-set by senior management.
My wife and I purchased a leasehold flat in Cannington. Conveyancing and HSBC Bank mortgage are in place. A letter has just been received from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1995. The conveyancing solicitor in Cannington who previously acted has now retired. What should I do?
The first thing you should do is make enquiries of the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. You do not need to incur the fees of a Cannington conveyancing firm to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I bought a studio flat in Cannington, conveyancing was carried out half a dozen years ago. 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? Comparable flats in Cannington with a long lease are worth £185,000. The average or mid-range amount of ground rent is £65 per annum. The lease runs out on 21st October 2087
You have 61 years remaining on your lease the likely cost is going to span between £19,000 and £22,000 as well as legals.
The suggested premium range 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 this information in tribunal or court proceedings. There may be other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action based on this information before seeking the advice of a professional.