We're in Flintshire, First timers buying with a mortgage (lender is Kent Reliance , and our lawyer is on the Kent Reliance conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Kent Reliance conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no property lawyer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
I am buying a new build flat in Flintshire. Conveyancing is necessary evil 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 conveyancing.
Here are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Flintshire
Forfeiture - bankruptcy or liquidation must not apply under this provision. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
My father has suggested that I use his conveyancers in Flintshire. Do I follow his guidance?
No doubt it’s preferable to choose a conveyancing lawyer is to have referrals from friends or family who have experience in using the solicitor you're contemplating using.
We expect to complete our sale of a £400,000 maisonette in Flintshire in seven days. The management company has quoted £336 for Certificate of Compliance, insurance certificate and 3 years service charge statements. Is the landlord entitled to charge exorbitant fees for a leasehold conveyance in Flintshire?
Flintshire conveyancing on leasehold apartments nine out of ten times necessitates administration charges invoiced by managing agents :
Answering pre-contract questions
Where consent is required before sale in Flintshire
Copies of the building insurance and schedule
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I invested in buying a studio flat in Flintshire, conveyancing having been completed in 2007. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Flintshire with a long lease are worth £195,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease terminates on 21st October 2081
With 63 years unexpired we estimate the premium for your lease extension to be between £16,200 and £18,600 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use this information in tribunal or court proceedings. There may be other issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.
I was informed by my mortgage company that their panel solicitors operate no sale no charge basis for conveyancing in Flintshire. I had a purchase fall through and now the conveyancers have invoiced for search fees! They are claiming that the fees are seperate!
Flintshire conveyancing search fees are disbursements not solicitors fees as these are paid to a third party.