Would the conveyancing lawyers listed on your site carry out attended exchange conveyancing in Fernhill Heath?
We do have a number of conveyancing specialists carrying out personalised exchanges. Do contact us to obtain a fee calculation and details as to dates.
Completed the sale of my flat in Fernhill Heath last February but my buyer keeps Skype messaging me to moan that their solicitor needs to hear from mysolicitor. What should have happened following completion?
Following your sale your solicitor should deliver the transfer deeds and all additional paperwork to the buyer’s conveyancer. Where relevant, your solicitor must also confirm that the mortgage has been discharged to the purchasers conveyancers. There are no post completion procedures specific conveyancing in Fernhill Heath.
My Conveyancer in Fernhill Heath is not listed on the TSB Solicitor Panel. Is it possible for me to retain my prefered solicitor even though they are excluded from the TSB list of approved lawyers?
The limited options available to you here include:
- Complete the purchase with your preferred Fernhill Heath lawyers but TSB will need to use a solicitor on their list of acceptable firms. This will inevitably rack up the overall conveyancing fees as well as result in frustration.
- Choose an alternative solicitor to act in the purchase, not forgetting to check they are on the TSB panel
Am I better off to go with a Fernhill Heath conveyancing lawyer who is local to the property I am purchasing? An old friend can conduct the legal formalities but his firm is located 400miles drive away.
The primary upside of using a local Fernhill Heath conveyancing firm is that you can drop in to sign paperwork, hand in your identification documents and pester them if necessary. They will also have local intelligence which is a benefit. However nothing is more important than finding someone that will pull out all the stops for you. If other friends have used your friend and the majority were content that must outweigh using an unfamiliar Fernhill Heath conveyancing solicitor just because they are local.
I am employed by a reputable estate agent office in Fernhill Heath where we have experienced a number of leasehold sales put at risk as a result of short leases. I have received inconsistent advice from local Fernhill Heath conveyancing solicitors. Can you clarify whether the seller of a flat can instigate the lease extension process for the buyer?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I purchased a 1st floor flat in Fernhill Heath, conveyancing was carried out half a dozen years ago. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Fernhill Heath with an extended lease are worth £227,000. The ground rent is £50 per annum. The lease ends on 21st October 2090
With 71 years left to run we estimate the price of your lease extension to range between £9,500 and £11,000 plus legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to advice on the actual costs without more detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.