Do the conveyancing practitioners identified through your search tool conduct auction conveyancing in Highbridge?
There are a few auction practitioners we can put you in touch with those who can conduct auction conveyancing. Highbridge is one of hundreds of areas of where our lawyers have offices.
I am told that my conveyancing solicitors will need to check that the building insurance when buying a house in Highbridge. My lender is Bank of Ireland
Bank of Ireland have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 10/12/2018, the requirements read as follows :
What can a local search reveal concerning the property my wife and I buying in Highbridge?
Highbridge conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search organisations for example Searchflow The local search plays an important part in most Highbridge conveyancing purchase; that is if you don’t want any nasty once you have moved into your new home. The search will reveal data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic sections.
Due to the guidance of my in-laws I had a survey completed on a house in Highbridge ahead of retaining conveyancers. I have been told that there is a flying freehold overhang to the house. My surveyor has said that some lenders tend not issue a mortgage on such a home.
It depends who your proposed lender is. Lloyds has different requirements from Halifax. Should you wish to call us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Highbridge. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Highbridge to see if the conveyancing costs will increase in light of this.
I have just appointed agents to market my 2 bed flat in Highbridge. Conveyancing has not commenced, but I have just received a half-yearly maintenance charge demand – Do I pay up?
It best that you clear the invoice as normal because all ground rent and service charges should be apportioned on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the subsequent invoice date. Most management companies 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. This will smooth the conveyancing process.
I purchased a split level flat in Highbridge, conveyancing was carried out in 2011. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Highbridge with over 90 years remaining are worth £170,000. The ground rent is £50 invoiced annually. The lease expires on 21st October 2096
With only 78 years unexpired we estimate the price of your lease extension to range between £7,600 and £8,800 as well as 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 cannot give you the actual costs without more detailed due diligence. You should not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.