Can I use your services to recommend a Conveyancing solicitor in Crowthorne even where I’m not buying or disposing of a house, for instance if I want to buy a shop in Crowthorne with a mortgage from Alliance & Leicester ?
Our search tool is mainly utilised to find residential conveyancing solicitors in Crowthorne but we have recorded at the bottom of this page a selection of Crowthorne commercial conveyancing firms. You will need to enquire with the solicitors directly to establish if they can also act for Alliance & Leicester
What happens if my solicitor is removed from the Nottingham Solicitor panel ahead of completing my conveyancing in Crowthorne?
The first thing to point out is that, this is very unlikely to happen. In most cases even where a law firm is removed off of a panel the lender would allow the completion to go ahead as the lender would appreciate the difficulties that they would place you in if you have to instruct a new solicitor days before completion. In a worst case scenario where the lender insists that you instruct a new firm then it is possible for a very good lawyer to expedite the conveyancing albeit that you may pay a significant premium for this. The analogous situation is where a buyer instructs a lawyer, exchanges contracts and the law firm is shut down by a regulator such as the SRA. Again, in this situation you can find lawyers who can troubleshoot their way to bring the conveyancing to a satisfactory conclusion - albeit for a fee.
Just had an offer accepted on a new build flat in Crowthorne. Conveyancing is daunting 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 conveyancing.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Crowthorne
Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Forfeiture - bankruptcy or liquidation must not apply under this provision.
I have been on the look out for a leasehold apartment up to £305k and identified one near me in Crowthorne I like with a park and transport links nearby, the downside is that it only has 49 remaining years left on the lease. There is not much else in Crowthorne in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a mortgage the remaining unexpired lease term will likely be an issue. Reduce the offer by the amount the lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for a minimum of twenty four months you can ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease with a zero ground rent applied. You should speak to your conveyancing lawyer about this.
We yesterday discovered that one of the partners of the solicitors handling the purchase conveyancing in Crowthorne is an aunty of the seller. Is this permitted?
As long as no conflict arises this is permitted. If you are needing a mortgage then the bank may have a say as many lenders have specific requirements on this. For example for RBS- First Active as of 28/5/2023, the requirements read as follows :