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Recently asked questions about conveyancing in Earley

At long last a mortgage agreement from NatWest for the remortgage of my 4 bedroom maisonette is expected any day now. Could you put forward a low cost conveyancing lawyer in Earley?

This site is not designed to help those in pursuit of the lowest fares for conveyancing in Earley. We can offer you excellent value conveyancing but our intention is not to work with the cheapest lawyers. Do not be swayed by organisations teasing you with ninety nine pound conveyancing in Earley. The optimum outcome, in deciding on low cost conveyancing, you will get your money’s worth and at worst you will end up being stung for additional fees and still not end up with the service required.

We are buying our first property. The lawyer has texted usto ask if we want to purchase supplemental conveyancing searches. We are really unsure what's recommended for conveyancing in Earley

The type of Earley conveyancing searches should be triggered based primarily on the property, the location, the possibility of any of these risks, your knowledge of the region and risks, your overall appetite to risk. What is important is that you properly comprehend what information each search could give you. Then you can decide if you consider that you need that information. Should you be in doubt, ask your property lawyer to advise.

In what way does my ID and proof of funds have anything to do with my conveyancing in Earley? What am I being asked for?

It is indeed that case that these requests have nothing to do with conveyancing in Earley. However these days you can not proceed with any conveyancing process without first providing evidence of your identity. This usually takes the form of a either your passport or driving licence plus a utility bill. Remember if you are supplying your driving licence as proof of ID it must be both the paper part and photo card part, one is not acceptable in the absence of the other.

Verification of the source of funds is necessary in accordance with the Money Laundering Regulations. Please do not be offended when when this is requested of you as your conveyancer will need to retain this information on record. Your Earley conveyancing practitioner will require evidence of proof of funds before they are able to accept any funds from you into their client account and they may also ask further questions concerning the source of funds.

I have just appointed agents to market my ground floor apartment in Earley. Conveyancing lawyers have not yet been instructed, but I have recently had a yearly maintenance charge demand – should I leave it to the buyer to sort out?

The sensible thing to do is clear the maintenance contribution as normal given that all rents and maintenance invoices will be apportioned on completion, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer unless the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. Having a clear account will assist your cause and will leave you no worse off financially.

I purchased a split level flat in Earley, conveyancing formalities finalised 7 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Earley with over 90 years remaining are worth £197,000. The average or mid-range amount of ground rent is £55 invoiced annually. The lease comes to an end on 21st October 2076

With 55 years left to run we estimate the price of your lease extension to range between £31,400 and £36,200 plus professional fees.

The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive 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 clearly you should be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.

What can I do to determine who owns a property in Earley?

Provided the premises is recorded at HMLR, and you have the specifics of the location of the premises, you will be able to obtain results from the HMLR of the recorded owner for a a minimal charge.

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