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Recently asked questions about conveyancing in Eaglescliffe

Having been suggested to visit your web site we were going to use a conveyancing solicitor in Eaglescliffe listed by you but stumbled across alternative estimates via the web seem cheaper – why is this?

There are many firms of solicitors advertising theoretically looks to be very low prices. We suggest that you give due consideration about how important this transaction is to you that you are willing to be penny wise pound foolish in relation to the quality of the conveyancing. Many of them highlight a cheap fee as a headline but conceal additional costs in the fine print..

The deeds to my property can not be found. The solicitors who conducted the conveyancing in Eaglescliffe 10 years ago are no longer around. Will I be able to sell the house?

You no longer need to have the physical original deeds to evidence that you own the land or property, given that the Land Registry hold details of all registered land or property electronically.

The estate agent has sent us the confirmation of our purchase of a new build apartment in Eaglescliffe. 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 legal work.

Here is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Eaglescliffe

    Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? There must be mutual enforceability of lessee’s covenants.

I have been on the look out for a ground for flat up to £305k and identified one round the corner in Eaglescliffe I like with a park and transport links nearby, the downside is that it's only got 49 years unexpired on the lease. There is not much else in Eaglescliffe for this price, so just wondered if I would be making a mistake buying a short lease?

If you require a mortgage the shortness of the lease may be a potential deal breaker. Reduce the price by the anticipated lease extension will cost if not already taken into account. If the existing proprietor has owned the property for a minimum of twenty four months you can ask them to start the process of the extension and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.

I today plan to offer on a house that appears to meet my requirements, at a reasonable price which is making it more attractive. I have since found out that it's a leasehold as opposed to freehold. I would have thought that there are issues buying a leasehold house in Eaglescliffe. Conveyancing advisers have are soon to be appointed. Will they explain the issues?

Most houses in Eaglescliffe are freehold rather than leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can assist with the conveyancing process. It is clear that you are purchasing in Eaglescliffe in which case you should be looking for a Eaglescliffe conveyancing practitioner and check that they are used to dealing with leasehold houses. First you will need to check the unexpired lease term. Being a tenant you will not be at liberty to do whatever you want with the house. The lease comes with conditions for example obtaining the landlord’sconsent to carry out alterations. You may also be required to pay a service charge towards the maintenance of the communal areas where the property is part of an estate. Your lawyer should report to you on the legal implications.

Eaglescliffe Leasehold Conveyancing - A selection of Questions you should ask Prior to buying

    Make sure you investigate if there are any onerous restrictions in the lease. For instance it is very common in Eaglescliffe leases that pets are not allowed in certain buildings in Eaglescliffe. If you like the propertyin Eaglescliffe but your cat can’t move with you then you will be presented with a difficult compromise. Many Eaglescliffe leasehold apartments will be liable to pay a service bill for the upkeep of the block invoiced by the landlord. Should you purchase the property you will have to meet this charge, normally periodically accross the year. This can vary from a couple of hundred pounds to thousands of pounds for blocks with lifts and large communal areas. There will also be a rentcharge for you to pay yearly, this is usually not a large amount, say approximately £25-£75 but you need to enquire as on occasion it could be many hundreds of pounds. On the whole the cost for major works tend not to be included within maintenance charges, albeit that a few managing agents in Eaglescliffe ask tenants to contribute towards a reserve fund created for the specific purpose of building a fund for larger repairs or maintenance.

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