My wife and I have recently appointed a conveyancing solicitor in Priorslee. I I am struggling to find out whether they are accepted on the HSBC Bank approved list of lawyers. Could you advise?
You should contact the lawyer and enquire if they are on the lender panel. Otherwise please call HSBC Bank who may be able to confirm.
In what way does the Landlord & Tenant Act 1954 affect my business property in Priorslee and how can your lawyers assist?
The 1954 Act affords a safeguard to commercial lessees, giving them the a statutory right to make a request to court for a continuation of occupancy at the end of an expired lease. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are involved. We are happy to direct you to commercial conveyancing practices who use the act for protection and assist with commercial conveyancing in Priorslee
I am looking for a conveyancing solicitor in Priorslee for my purchase. Is there any facility to review a firm’s complaints history with the profession’s regulator?
Members of the public can find documented Solicitor Regulator Association (SRA) decisions resulting from investigations started on or after Jan 2008. Visit Check a solicitor's record. To find information about the period before 1 January 2008, or to check a firm's history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The SRA may monitor telephone calls for training requirements.
Can you provide any top tips for leasehold conveyancing in Priorslee from the perspective of speeding up the sale process?
- Much of the frustration in leasehold conveyancing in Priorslee can be reduced where you instruct lawyers as soon as your agents start advertising the property and ask them to collate the leasehold information which will be required by the buyers’ representatives. If you have carried out any alterations to the property would they have required Landlord’s approval? Have you, for example installed wooden flooring? Priorslee leases often stipulate that internal structural alterations or installing wooden flooring require a licence issued by the Landlord approving such alterations. Where you fail to have the approvals to hand do not contact the landlord without contacting your lawyer first. You believe that you know the number of years remaining on your lease but it would be wise to verify this by asking your conveyancers. A buyer’s conveyancer will not be happy to advise their client to where the remaining number of years is below 80 years. It is therefore important at an as soon as possible that you consider whether the lease requires a lease extension. If it does, contact your solicitors before you put your property on the market for sale. A minority of Priorslee leases require Licence to Assign from the landlord. If this is the case, it would be prudent to notify your estate agents to make sure that the purchasers obtain bank and professional references. Any bank reference will need to confirm that the buyers are able to meet the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the purchasers or their lawyers.
I invested in buying a studio flat in Priorslee, conveyancing was carried out January 2005. 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? Equivalent properties in Priorslee with an extended lease are worth £181,000. The ground rent is £55 charged once a year. The lease finishes on 21st October 2069
With only 50 years remaining on your lease the likely cost is going to range between £31,400 and £36,200 plus professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to advice on the actual costs in the absence of detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be other concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information before getting professional advice.
Online reading suggests that Priorslee solicitors are more costly than Priorslee conveyancers in Priorslee when it comes to purchasing a house. So is it better if I use a conveyancer or a solicitor if I am buying a house in Priorslee.
When it comes to conveyancing in Priorslee the costs are unlikely to vary dramatically depending on whether the legal expert is a licenced conveyancer or solicitor.