Why is leasehold purchase conveyancing in Liss is more expensive?
Liss leasehold conveyancing transactions usually involve additional investigations than freeholds including investigating the Lease, liaising with the Landlord such as serving applicable notices on the Landlord or managing agent, obtaining up-to-date service charge and management information, obtaining Landlord’s consents and reviewing management accounts and formation documents.
I used Stirling Law several years ago for my conveyancing in Liss. Now, I need the files but the law firm has closed. What do I do?
Do call the Solicitors Regulatory Authority (SRA) to help locate your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Liss of the conveyancing firm of solicitors you previously used, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
I'm remortgaging my current property to a BTL mortgage with The Royal Bank of Scotland and I will use the ballance of the raised equity towards further property. The neighborhood we are looking at is Liss. Will your lawyers be able to act for both sets of mortgage companies and link together the transactions?
Make use of our search tool on this site to check that the conveyancers are on the appropriate lender panels. On the basis that they are your conveyancer should be able to simultaneously deal with the two transactions but you should have a chat with you solicitor and make apparent your desired outcome and requirements.
We're new to the buying process - had an offer accepted, but the selling agent told us that the owners will only issue a contract if we use their preferred conveyancers as they want a ‘quick sale’. My instinct tells me that we should use a family solicitor accustomed to conveyancing in Liss
We suspect that the owner is unaware of this requirement. Should the seller desire ‘a quick sale', alienating a serious buyer is going to damage their objectives. Bypass the agents and go straight to the sellers and make sure they comprehend that (a)you are keen to buy (b)you are ready to go, with finances arranged © you are chain free (d) you intend to proceed fast (e)but you intend to use your own,trusted Liss conveyancing firm - as opposed tothose that will earn the estate agent a kickback or meet his conveyancing figures pre-set by HQ.
Last October I purchased a leasehold flat in Liss. Am I liable to pay service charges for periods before completion of my purchase?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I own a 2 bed flat in Liss, conveyancing formalities finalised 4 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable flats in Liss with an extended lease are worth £206,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease finishes on 21st October 2086
With 67 years unexpired we estimate the premium for your lease extension to span between £10,500 and £12,000 as well as costs.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.