Having been suggested to visit your web site we were going to appoint conveyancing solicitor in Rainham recommended using your search tool but stumbled across alternative estimates on the internet look less pricey – why is this?
You can find many firms of conveyancers offering theoretically looks to be very low prices. We would encourage you to think long and hard as to how important this transaction is to you that you are willing to be penny wise pound foolish in relation to the standard of the conveyancing. Many of them list a cheap fee to grab your attention but bury supplemental charges in the fine print..
How does conveyancing in Rainham differ for new build properties?
Most buyers of new build premises in Rainham contact us having been asked by the seller to exchange contracts and commit to the purchase even before the house is completed. This is because builders in Rainham typically acquire 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 property lawyers 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 used to new build conveyancing in Rainham or who has acted in the same development.
Over the last few months I have been searching for a leasehold apartment up to £245,000 and found one round the corner in Rainham I like with open areas and transport links nearby, the downside is that it's only got 51 years unexpired on the lease. I can't really find anything else in Rainham in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a home loan that many years will be an issue. Reduce the offer by the amount the lease extension will cost if not already taken into account. If the existing proprietor has owned the premises for at least twenty four months you can ask them to start the process of the extension and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this matter.
In my capacity as executor for the estate of my uncle I am selling a house in Monmouth but I am based in Rainham. My solicitor (who is 235 kilometers awayrequires that I execute a stat dec ahead of completion. Can you recommend a conveyancing solicitor in Rainham to attest this legal document for me?
strictly speaking you are not likely to be required to have the documents attested by a conveyancing solicitor. Normally or notary public or solicitor will do regardless of whether they are based in Rainham
Completion is due on the disposal of our £175,000 flat in Rainham next Wednesday. The managing agents has quoted £372 for Certificate of Compliance, insurance certificate and previous years service charge statements. Is the landlord entitled to charge an administration fee for a flat conveyance in Rainham?
Rainham conveyancing on leasehold maisonettes often involves the buyer’s solicitor submitting questions for the landlord to answer. Although the landlord is not legally bound to answer such questions the majority will be willing to do so. They are entitled to charge a reasonable administration fee for responding to enquiries or supplying documentation. There is no upper cap for such fees. The average costs for the information that you are referring to is £350, in some transactions it is in excess of £800. The management information fee demanded by the landlord must be sent together with a synopsis of rights and obligations in respect of administration charges, otherwise the invoice is not strictly payable. In reality you have little choice but to pay whatever is demanded should you wish to sell the property.
Following months of negotiations we cannot agree with our landlord on how much the lease extension should cost for our flat in Rainham. Can we issue an application to the Residential Property Tribunal Service?
Most definitely. We are happy to put you in touch with a Rainham conveyancing firm who can help.
An example of a Lease Extension matter before the tribunal for a Rainham property is 37 Lodge Court High Street in November 2013. the decision of the LVT was that the premium to be paid for the new lease was £25,559 This case was in relation to 1 flat. The unexpired residue of the current lease was 57.5 years.