We hired a Consett based firm for our conveyancing in Consett recently. Reviewing the terms of engagement I noteI am on the hook for costs even where the transaction does not complete. Should I go with them or instruct a web based conveyancing company promoting no completion no cost conveyancing in Consett?
It is usually a trade off in that if "No Sale No Fee" is advertised then the conveyancing charges will generally be more expensive to cover the transactions that fail to complete. Please beware that these arrangements generally do not cover outlay for instance Consett conveyancing search expenses.
We are looking to buy a house and require a conveyancing solicitor in Consett who is on the Yorkshire BS solicitor panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Yorkshire BS . We don't recommend any particular firms conducting conveyancing in Consett.
I am buying a new build flat in Consett. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Consett
The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? There must be mutual enforceability of lessee’s covenants.
I need to instruct a conveyancing solicitor for my conveyancing in Consett. I have chance upon a web site which appears to be the perfect answer If it is possible to get all this stuff done via web that would be preferable. Should I be wary? 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?
I am employed by a busy estate agent office in Consett where we see a few flat sales put at risk due to short leases. I have received conflicting advice from local Consett conveyancing firms. Can you shed some light as to whether the seller of a flat can start the lease extension process for the purchaser on completion of the sale?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or at the same time as completion of the sale.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Consett Conveyancing for Leasehold Flats - A selection of Questions you should consider before Purchasing
Please tell me if there are any major works anticipated that could increase the maintenance fees? How much is the annual service fee and ground rent? This information is useful as a) areas could result in problems in the building as the communal areas may begin to deteriorate where services are not paid for b) if the leaseholders have a dispute with the managing agents you will wish to know about it