Do the conveyancing practitioners to be found on your site carry out auction conveyancing in Shefford?
There are a number of niche solicitors we can put you in touch with those conducting auction conveyancing. Shefford is just one of our locations where our lawyers are based.
I used Stirling Law a few years ago for my conveyancing in Shefford. I now require my file however the law firm is no longer operating. What do I do?
You should call the Solicitors Regulatory Authority (SRA) to assist in tracking down your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Shefford of the conveyancing firm of solicitors you previously retained, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Due to the encouragement of my in-laws I had a survey completed on a property in Shefford before instructing conveyancers. I have been informed that there is a flying freehold aspect to the property. My surveyor has said that some banks will not give a mortgage on such a property.
It depends who your proposed lender is. Lloyds has different instructions from Nationwide. Should you wish to telephone us we can investigate further via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Shefford. Conveyancing will be smoother if you use a solicitor in Shefford especially if they are acquainted with such properties in Shefford.
I've recently bought a leasehold house in Shefford. Am I liable to pay service charges for periods before completion of my purchase?
Where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I own a ground floor flat in Shefford, conveyancing formalities finalised June 2008. Can you work out an approximate cost of a lease extension? Comparable flats in Shefford with over 90 years remaining are worth £185,000. The average or mid-range amount of ground rent is £65 per annum. The lease finishes on 21st October 2083
With 61 years unexpired we estimate the premium for your lease extension to be between £19,000 and £22,000 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.
Am in the process of buying my 1st property in Shefford. Conveyancing lawyer already chosen. The financial consultant pointed out that a survey is not necessary as the house was only built in 2002.
You would be best advised to undertake a Home Buyer's Report. As the property was constructed more than a decade ago the property will not benefit from a warranty, so you would be well advised not to take a risk. For a property that age with no signs of defects a Home Buyer's report may suffice. The report should highlight any obvious problems and recommend further investigation where relevant. Where there are any indications of material issues get a full Building Survey from the beginning.