When will exchange of contracts occur in residential conveyancing in Hayle and do I need to be at the solicitors office?

Where you are near to one of the conveyancing solicitors in Hayle you are invited in to sign documents. However, the law practices we work with supply countrywide coverage for conveyancing and provide just as diligent and professional a job for you when communicating with you electronically. The signing of the contract is not the critical part. Signing on the dotted line simply enables the solicitor to exchange contracts at the appropriate time, which is ordinarily shortly after signing. The procedure is is usually a five minute process, although where a lengthy "chain" is involved, since the process requires the relevant party's solicitor (not necessarily a conveyancing solicitor in Hayle)to be in the office at the appropriate time.

My lender has recommended solicitors on their panel based in Hayle but I would rather use a conveyancing lawyer in Hayle local to me. Are you able to assist?

The minority of Hayle conveyancing solicitors are listed all lender’s conveyancing panel. Use the above search tool to choose a Hayle conveyancing conveyancer on the on the mortgage company panel.

I decided to have a survey carried out on a property in Hayle before appointing lawyers. I have been told that there is a flying freehold element to the house. My surveyor has said that some banks may not issue a loan on such a property.

It depends who your proposed lender is. Lloyds has different requirements from Halifax. Should you wish to call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Hayle. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Hayle to see if the conveyancing will be more expensive.

We're first time buyers - had an offer accepted, yet the property agent told us that the owners will only issue a contract if we appoint their recommended solicitors as they are insisting on a ‘quick sale’. My instinct tells me that we should use a high street conveyancer who is familiar with conveyancing in Hayle

We suspect that the owner is not behind this demand. If they require ‘a quick sale', taking such a hostile approach to a genuine buyer is going to damage their objectives. Avoid the agents and go straight to the sellers and explain that (a)you are genuine purchasers (b)you are ready to progress, with finances in place © you have nothing to sell (d) you intend to proceed fast (e)but you will continue to appoint your own,trusted Hayle conveyancing lawyers - rather thanthose that will provide the estate agent a introducer fee or hit his conveyancing thresholds pre-set by HQ.

I have recently realised that I have 72 years remaining on my flat in Hayle. I need to get lease extension but my freeholder is can not be found. What should I do?

If you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be lengthened by the magistrate. However, you will be required to prove that you or your lawyers have used your best endeavours to track down the lessor. On the whole a specialist may be helpful to carry out a search and to produce an expert document which can be accepted by the court as proof that the freeholder is indeed missing. It is advisable to get professional help from a property lawyer in relation to devolving into the landlord’s disappearance and the application to the County Court overseeing Hayle.

I own a studio flat in Hayle, conveyancing formalities finalised in 2005. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Hayle with a long lease are worth £227,000. The ground rent is £50 yearly. The lease terminates on 21st October 2098

With just 72 years remaining on your lease the likely cost is going to be between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt other concerns 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 seeking the advice of a professional.