What is the ideal method for choosing a leasehold conveyancing in Kingsdown?
Option 1 is to ask your friends and family who they would recommend.
Second, use a comparison service on the web for conveyancing in Kingsdown. Phone two or three listed and request that they send you their conveyancing estimate and speak to the lawyer who will conduct the conveyancing in advance ofcommitting.
Third is to make use of our search tool to assist you in finding the right solicitors taking into account your unique expectations including location,deadlines, complications and who the proposed lender is. Don't take the bait of ninety nine pound conveyancing in Kingsdown
We are downsizing from our house in Kingsdown and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. A high street Kingsdown conveyancer would know this is not the case. It does beg the question why the buyers are using a nationwide conveyancing outfit rather than a conveyancing solicitor in Kingsdown. We have lived in Kingsdown for 5 years we know of no issue. Should we contact our local Authority to seek confirmation that the buyers are looking for.
It sounds as though you may have a conveyancing lawyer already. What do they say? You must check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same sickness)
The estate agent has sent us the confirmation of our purchase of a new build apartment in Kingsdown. Conveyancing is a frightening process 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.
Set out below are examples of a selection of leasehold new build questions that you may expect your new-build leasehold conveyancing in Kingsdown
The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? There must be mutual enforceability of lessee’s covenants.
I am looking for a ground for flat up to £305k and found one round the corner in Kingsdown I like with a park and station nearby, the downside is that it's only got 49 years on the lease. I can't really find anything else in Kingsdown suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a mortgage the remaining unexpired lease term may be a potential deal breaker. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this.
Estate agents have just been given the go-ahead to market my ground floor flat in Kingsdown. Conveyancing lawyers have not yet been instructed, however I have recently had a yearly service charge demand – Do I pay up?
The sensible thing to do is discharge the maintenance contribution as you normally would as all ground rent and maintenance invoices should be allotted on completion, so you will be reimbursed by the buyer for the period running from after the completion date to the next payment date. Most managing agents 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.
Kingsdown Conveyancing for Leasehold Flats - A selection of Queries before buying
You will want to find out as much as possible concerning the company managing the block as they will impact your use and enjoyment of the property. As the owner of a leasehold property you are often in the clutches of the managing agents both financially and when it comes to day to day matters such as the cleanliness of the communal areas. Don't be afraid to ask other tenants whether they are happy with them. On a final note, be sure you discover the dates that you are obliged pay the service charge to the managing agents and precisely what it includes. How long is the Lease? How many of the leaseholders are in arrears for their maintenance charge payments?