Can you explain why leasehold purchase conveyancing in Moreton In Marsh is more expensive?
In summary, leasehold conveyancing in Moreton In Marsh and Gloucestershire usually requires more hours of investigation compared to freehold transactions. This includes reviewing the lease, communicating with the landlord about serving appropriate notices, obtaining current service charge and management information, procuring the freeholder’s consents and reviewing management accounts. The obligations on both the landlord and the tenant in the lease need to be studied by the buyer’s conveyancing team and read from beginning to end – regardless of the fact the lease has passed through many different property solicitors hands since it was first entered into.
My wife and I are selling our home in Moreton In Marsh and according to the buyers it appears that there is a possibility that the property was constructed land that was not decontaminated. A local conveyancer would know this is not the case. It does beg the question why the purchasers are using an internet conveyancing firm rather than a conveyancing solicitor in Moreton In Marsh. We have lived in Moreton In Marsh for 5 years we know of no issue. Should we get in touch with our local Authority to get clarification that the buyers are looking for.
It would appear that you have a conveyancing firm currently acting for you. What do they say? You must enquire of 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 ailment)
In what way can the Landlord & Tenant Act 1954 affect my commercial property in Moreton In Marsh and how can you help?
The particular law that you refer to gives security of tenure to commercial tenants, giving them the right to apply to court for a renewal tenancy and remain in occupation when the lease reaches an end. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and handle your commercial conveyancing in Moreton In Marsh
Am I best advised to choose a Moreton In Marsh conveyancing solicitor based in the location that I am purchasing? I have an old university friend who can carry out the conveyancing however they are based 300kilometers drive away.
The primary upside of using a high street Moreton In Marsh conveyancing firm is that you can drop in to sign documents, hand in your ID and apply pressure on them if necessary. They will also have local insight which is a benefit. However nothing is more important than finding someone that will do a good and efficient job. If other friends have instructed your friend and the majority were content that should trump using an unknown Moreton In Marsh conveyancing lawyer solely due to them being based in the area.
Me and my husband have recently had an offer agreed on a apartment and had an appointment on Wednesday with Leeds Building Society for the mortgage. They advised me that when it comes to selecting a conveyancing practitioner that unless they are on their approved list of conveyancers then we will be subject to an an extra charge of £250+. This is because they would then have to appoint a property lawyer to act on their behalf as well as the one we choose to act on our behalf and we will be on the hook for their costs. I have asked Leeds Building Society to send me with a list so I can seek estimates only from their approved conveyancers but was told that I need to check with each individual conveyancer to see if they are on the panel. Is there a simple way of finding out who is on a lender panel?
You should ask Leeds Building Society what their criteria for joining their panel is for a solicitor.Thereafter ask the solicitor of your choice whether they meet the criteria and have they acted on loans for Leeds Building Society previously. Where the answer to those is yes, then just double check with Leeds Building Society. Another option is to make use of our search facility and we may be able to locate a conveyancer in Moreton In Marsh on the approved list for Leeds Building Society.