Are the Reading conveyancing solicitors identified as being on the Principality conveyancing panel, together with their details provided by Principality?
Reading conveyancing firms themselves provide us confirmation that they are on the Principality conveyancing panel as opposed to being supplied with a list from Principality directly.
I am planning on selling our property in Reading and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. A high street Reading lawyer would know this is not the case. It does beg the question why the purchasers used a nationwide conveyancing practice rather than a conveyancing solicitor in Reading. We have lived in Reading for three years we know of no issue. Should we contact our local Authority to seek confirmation that there is no issue.
It sounds as though you may have a conveyancing lawyer already. What do they say? You need to check with 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 health insurance to cover that same ailment)
We're novice buyers - had an offer accepted, but the property agent advised that the owners will only go ahead if we appoint the agent's chosen lawyers as they are insisting on an ‘expedited deal’. We would rather use a local conveyancer used to conveyancing in Reading
It is improbable the vendors are driving this. Should the owner require ‘a quick sale', alienating a genuine purchaser is likely to cause more damage than good. Contact the vendors directly and explain that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you are chain free (d) you intend to proceed fast (e)however you are going to use your preferred Reading conveyancing solicitors - not the ones that will earn the estate agent a kickback or achieve conveyancing figures pre-set by HQ.
I am employed by a reputable estate agent office in Reading where we have witnessed a number of leasehold sales jeopardised due to leases having less than 80 years remaining. I have received conflicting advice from local Reading conveyancing solicitors. Can you confirm whether the seller of a flat can start the lease extension process for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the disposal of the property.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Reading Conveyancing for Leasehold Flats - A selection of Queries before Purchasing
Please note if it is no more than 80 years it will affect the value of the apartment. It is worth checking with your lender that they are content with remaining years on the lease. Leases with less than 80 years remaining means that you will almost definitely have to extend the lease sooner rather than later and you need to have some idea of what this would cost. Remember, in most cases you will need to own the property for a couple of years before you are entitled to carry out a lease extension. How many of the leaseholders are in arrears for their maintenance charge payments?
I am in the market for a dependable conveyancing lawyer in Reading to buy a apartment. I want to avoid being ripped off but with so many Reading conveyancing solicitors to choose from...who do I opt for?
Where you’ve never used a conveyancer in the past, a trustworthy recommendation via relatives or friends is a preferable starting point and is often the best gauge of quality. Alternatively, take a look at the client feedback published on your conveyancer’s website or make use of our search tool to choose a conveyancing solicitor in Reading.