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Recently asked questions about conveyancing in Hersham

Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a simple, no chain conveyancing. Hersham is the location of the property. Can you offer any assistance?

Flying freeholds in Hersham are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hersham you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hersham may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.

My company is looking to lease a unit on the high street. Can you recommend solicitors offering fixed costs for non-domestic conveyancing in Hersham for less than 1500k?

We are happy to recommend firms who have an in-depth of experience of commercial conveyancing in Hersham, including the sale and acquisition of businesses as well as simply premises. Whether you are hoping to acquire or lease a shop, pub, restaurant, office, retail premises or a whole business we can put you in touch with the right firm. As for the charges these will vary based on the structure and nuances of the deal. Let us have your contact information or call us so that we can supply you with comprehensive commercial conveyancing calculation.

We're first time buyers - agreed a price, yet the selling agent has warned us that the owners will only move forward if we instruct their recommended conveyancers as they want a ‘quick sale’. Our preferred option is to instruct a family solicitor accustomed to conveyancing in Hersham

It is highly unlikely the vendors are behind this. If they desire ‘a quick sale', turning down a motivated buyer is counter productive. Avoid the agents and go straight to the owners and explain that (a)you are serious buyers (b)you are excited to move forward, with finances in place © you do not need to sell (d) you wish to move quickly (e)but you are going to appoint your preferred Hersham conveyancing lawyers - not the ones that will give their negotiator at the agency a introducer fee or achieve conveyancing thresholds pre-set by HQ.

If all goes to plan we aim to complete the disposal of our £425,000 garden flat in Hersham in just under a week. The freeholder has quoted £336 for Certificate of Compliance, building insurance schedule and 3 years service charge statements. Is the landlord entitled to charge exorbitant fees for a leasehold conveyance in Hersham?

For the majority of leasehold sales in Hersham conveyancing will involve, queries regarding the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :

    Addressing conveyancing due diligence enquiries Where consent is required before sale in Hersham Supplying insurance information Deeds of covenant upon sale Registering of the assignment of the change of lessee after a sale
Your lawyer will have no control over the level of the charges for this information but the average costs for the information for Hersham leasehold property is £350. For Hersham conveyancing transactions it is customary for the seller to pay for these costs. The landlord or their agents are under no legal obligation to answer such questions most will be willing to do so - albeit often at exorbitant prices where the fees bear little relation to the work involved. Unfortunately there is no law that requires fixed charges for administrative tasks. Neither is there any legal time frame by which they are obliged to provide the information.

I own a second floor flat in Hersham. Given that I can not reach agreement with the landlord, can the Leasehold valuation Tribunal make a decision on the sum payable for a lease extension?

in cases where there is a missing freeholder or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 it is possible to make an application to the First-tier Tribunal (Property Chamber) to determine the price payable.

An example of a Lease Extension case for a Hersham flat is Flat D 15 Claremont Gardens in September 2013. TheTribunal determined in accordance with section48 and Schedule13 of the Leasehold Reform,Housing and Urban Development Act 1993 that the premium for the extended lease should be fourteen thousand one hundred and eighty seven pounds (£14,187.00) This case affected 1 flat.

At long last our conveyancing in Hersham is completing next Friday, but the owners I am buying from has asked to move out the next day at midday. Can I accept this?

You can't complete on a Saturday due to the bank systems aren't operating.

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Neighbouring Locations

Walton
Walton On Thames
Hersham

Find out more about how flying freehold can affect your the value of a property.