AssumingI was to purchase a freehold homein Cudham for cash and dispense with a survey and no local authority searches how much could I expect to to save on my conveyancing in Cudham?
Any savings you would achieve will be isolated to the Cudham conveyancing searches. Your conveyancing practitioner still got to do everything else - money laundering, communicating with your vendors conveyancing practitioner, stamp duty return, register the ownership etc. A slight saving might be made by not needing to register a charge but it will not be significant.
Should lawyers request money up-front when it comes to conveyancing in Cudham?
Where you are retaining lawyers for conveyancing in Cudham your solicitor will request that you to provide them with monies to cover the search fees. Ordinarily this is called for to cover the fees of the conveyancing searches. If any deposit is payable against the sale price then this should be asked for shortly prior to exchange of contracts. Any further balance that is needed should be sent to your lawyer shortly before completion.
I was advised by numerous estate agents in Cudham to choose a property lawyer using your seach tool. Is there a financial advantage for Estate Agents to offer your lawyers over another?
We don’t make any commission for sending work our way. We found it would be just too difficult to pay a commission as a client could think, ‘How come the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
My wife and I may need to sub-let our Cudham 1st floor flat temporarily due to a career opportunity. We instructed a Cudham conveyancing practice in 2003 but they have closed and we did not think at the time seek any guidance as to whether the lease allows us to sublet. How do we find out?
Notwithstanding that your last Cudham conveyancing lawyer is not available you can check your lease to see if it allows you to sublet the premises. The rule is that if the lease is silent, subletting is allowed. There may be a precondition that you must obtain consent from your landlord or other appropriate person before subletting. This means that you cannot sublet without first obtaining consent. Such consent should not be unreasonably turned down. If your lease prohibits you from subletting the property you should ask your landlord if they are willing to waive this restriction.
I own a basement flat in Cudham. In the absence of agreement between myself and the landlord, can the Leasehold valuation Tribunal make a decision on the sum due for the purchase of the freehold?
Where there is a missing freeholder or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the First-tier Tribunal (Property Chamber) to determine the amount due.
An example of a Lease Extension case for a Cudham premises is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case related to 1 flat. The remaining number of years on the lease was 50.57 years.
Online research suggests that Cudham solicitors are more costly than Cudham conveyancers in Cudham to use when buying a property. So is it better if I use a conveyancer or a solicitor if I am purchasing for my home move in Cudham.
When it comes to conveyancing in Cudham the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.