At what point does exchange of contracts occur in domestic conveyancing in Canton and do I need to be at the solicitors branch?
If you are local to one of the conveyancing solicitors in Canton you are welcome to attend to sign the paperwork. That being said, the lender approved solicitors we work with supply countrywide coverage for conveyancing and provide just as diligent and professional a job for you when dealing with you digitally. The signing of the property agreement is not when everything is set in stone. A signed contract is just a prerequisite for the conveyancer to officially exchange when the time is right, which will usually be very shortly after signing. The procedure is nowadays normally dealt with by telephone and can be very rapid, although where an extended "chain" is in the mix, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Canton)to be in the office available at the end of the phone to exchange contracts.
I am close to exchanging contracts on the sale of our house in Canton and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. Any high street Canton lawyer would know that there is no such problem. For the life of me I don't know why the buyers are using a national conveyancing firm rather than a conveyancing solicitor in Canton. We have lived in Canton for 5 years we know that this is a non issue. Do we get in touch with our local Authority to obtain clarification that there is no issue.
It sounds as though you may have a conveyancing lawyer already. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
Are there restrictive covenants that are commonly identified as part of conveyancing in Canton?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Canton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
My company is hoping to take an assignment of a lease of an office on the high street. Can you recommend lawyers offering fixed fees for non-domestic conveyancing in Canton for less than £1,200?
We can recommend firms who have well rounded knowledge of commercial conveyancing in Canton, including the disposal and purchase of businesses as well as simply premises. If you are intending to buy or lease a shop, pub, restaurant, office, retail unit or a whole business we will put you in touch with the right solicitor. Regarding the charges these will vary based on the structure and nuances of the deal. Let us have your contact information or call so as to enable us to supply you with a detailed commercial conveyancing calculation.
I invested in buying a 2 bed flat in Canton, conveyancing was carried out half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Canton with over 90 years remaining are worth £165,000. The average or mid-range amount of ground rent is £45 per annum. The lease ends on 21st October 50
With just 50 years left to run we estimate the premium for your lease extension to be between £36,100 and £41,800 plus professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed investigations. You should not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.