Our mortgage company has recommended a law firm on their panel based in Cranbrook but I would rather use a conveyancing lawyer in Cranbrook or nearer to where I live. Are you able to assist?
Not all Cranbrook conveyancing practices are approved and listed on all banks conveyancing panel. Use the above search tool to find a Cranbrook conveyancing firm on the on the mortgage company panel.
Me and my brother own a semi-detached Edwardian house in Cranbrook. Conveyancing solicitor represented me and National Westminster Bank. I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold with the matching property. Is it worth asking National Westminster Bank to clarify?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Cranbrook and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with the conveyancing practitioner who carried out the work.
How does conveyancing in Cranbrook differ for new build properties?
Most buyers of new build residence in Cranbrook come to us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is built. This is because builders in Cranbrook tend to purchase the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Cranbrook or who has acted in the same development.
My business partner and I are planning to lease a unit on the high street. Can you recommend lawyers offering no-move-no fees for commercial conveyancing in Cranbrook for less than £1,200?
We can recommend firms who host a wealth of experience of commercial conveyancing in Cranbrook, including the sale and purchase of businesses as well as simply property. If you are hoping to buy or lease a shop, pub, restaurant, office, retail premises or a complete business we will put you in touch with the right solicitor. As for the charges this will depend on the structure and heads of terms of the proposed transaction. Let us have your details or call so as to enable us to furnish you with a detailed commercial conveyancing calculation.
What advice can you give us when it comes to appointing a Cranbrook conveyancing practice to deal with our lease extension?
When appointing a property lawyer for your lease extension (regardless if they are a Cranbrook conveyancing practice) it is imperative that he or she should be familiar with the legislation and specialises in this area of work. We advise that you make enquires with two or three firms including non Cranbrook conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be useful:
What are the legal fees for lease extension work?
I invested in buying a split level flat in Cranbrook, conveyancing was carried out June 1996. How much will my lease extension cost? Similar flats in Cranbrook with a long lease are worth £202,000. The ground rent is £60 yearly. The lease finishes on 21st October 2075
With only 56 years left to run we estimate the premium for your lease extension to span between £29,500 and £34,000 as well as costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.