I was recommended to a solicitor who has quoted just over a thousand pound for leasehold conveyancing in Marlow. I am hoping to downsize from a Edwardian property for £225,000. Are these conveyancing fees excessive? Is it above what I should be paying for conveyancing in Marlow?
The charges are a little high. Where you are willing to invest time scrutinising charges you may be able to trim some of the cost by say a hundred pounds. On the other hand, you couldlive to rue choosing an a cheaper solicitor. Remember to enquire the firm can represent your bank. You can use our search tool to find a Marlow conveyancing practice on the lender’s member panel which can often include conveyancing solicitors in Marlow.
Should commercial conveyancing searches reveal impending roadworks that could affect a commercial estate in Marlow?
Its becoming the norm that commercial conveyancing solicitors in Marlow will carry out a SiteSolutions Highways report as it reduces the time that conveyancers expend in sourcing accurate data on highways that impact buildings and development assets in Marlow. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Marlow.
For every commercial conveyancing transaction in Marlow it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately could cause delays to Marlow commercial conveyancing deals as well as pose a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Marlow.
2 months have gone by since my purchase conveyancing in Marlow took place. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £215,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
How does conveyancing in Marlow differ for new build properties?
Most buyers of new build premises in Marlow come to us having been asked by the housebuilder to sign contracts and commit to the purchase even before the house is finished. This is because builders in Marlow usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Marlow or who has acted in the same development.
I am in need of some leasehold conveyancing in Marlow. Before diving in I require certainty as to the remaining lease term.
If the lease is recorded at the land registry - and almost all are in Marlow - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Marlow Conveyancing for Leasehold Flats - Sample of Queries Prior to buying
The best form of lease arrangement is if the freehold interest is owned by the leaseholders. In this situation the leaseholders benefit from control and even though a managing agent is often retained where the building is larger than a house conversion, the managing agent employed by the leaseholders. Are any of leasehold owners in dispute over their service charge payments? Please inform me if there are any major works in the near future that will increase the maintenance costs?