We see that you have a search directory identifying solicitors on the Barclays conveyancing panel. Do firms pay you a commission if I appoint them for our own conveyancing in Dursley?
We are a listing service only for law firms wishing to communicate if they are on the Barclays conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Dursley.
What will a local search tell me about the property I am purchasing in Dursley?
Dursley conveyancing often starts with the submitting local authority searches directly from your local Authority or through a personal search organisations for example Searches UK The local search is essential in every Dursley conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your property. The search will provide data on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject sections.
I have justbecome aware that Arc property Solicitors have been shut down. They carried out my conveyancing in Dursley for a purchase of a leasehold flat 10 months ago. How can I be sure that the property is registered correctly in the name of the previous owner?
The easiest way to check if the premises is registered to you, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Dursley conveyancing specialists.
I am looking for a flat up to £195,000 and found one near me in Dursley I like with amenity areas and transport links in the vicinity, the downside is that it's only got 52 years on the lease. I can't really find anything else in Dursley suitable, so just wondered if I would be making a mistake purchasing a lease with such few years left?
If you require a mortgage the shortness of the lease may be problematic. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you could ask them to commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term with a zero ground rent applied. You should consult your conveyancing lawyer about this matter.
I am hoping to exchange soon on a studio apartment in Dursley. Conveyancing lawyers assured me that they report fully on Monday. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Dursley should include some of the following:
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What options are available to the landlord where you are in breach of your lease terms? Responsibility to repair and maintain the block. It is essential for you to know which party is duty bound to repair and maintenance of all parts of the block and estate Does the lease prohibit wood flooring? Whether the lease restricts you from letting out the property, or working from home Specifying your legal entitlements in relation to the communal areas in the building.By way of example, does the lease include a right of way over an accessway or hallways?
I own a 2 bed flat in Dursley, conveyancing formalities finalised in 2010. Can you shed any light on how much the price could be for a 90 year extension to my lease? Comparable flats in Dursley with a long lease are worth £211,000. The ground rent is £45 levied per year. The lease expires on 21st October 2092
With just 67 years unexpired we estimate the premium for your lease extension to span between £10,500 and £12,000 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range 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 due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.