We were about to retain a conveyancing solicitor in Shinfield and Arborfield endorsed using your comparison tool but stumbled across some other quotes via the web seem less pricey – why is this?
One can find numerous conveyancing organisations offering at first sight what seems to be very low prices. You should think twice as to how much you respect your own move to want to be penny wise pound foolish in relation to the standard of the legal work. Many of them list a cheap quote to tempt you but conceal extra costs in the small print..
Are there restrictive covenants that are commonly identified as part of conveyancing in Shinfield and Arborfield?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Shinfield and Arborfield. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Due to the encouragement of my in-laws I had a survey completed on a property in Shinfield and Arborfield prior to retaining conveyancers. I have been advised that there is a flying freehold element to the property. Our surveyor has said that some mortgage companies will refuse to issue a mortgage on such a premises.
It depends who your proposed lender is. Bank of Scotland has different instructions from Nationwide. Should you wish to call us we can investigate further with the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Shinfield and Arborfield. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Shinfield and Arborfield to see if the conveyancing will be more expensive.
Looking forward to complete next month on a studio apartment in Shinfield and Arborfield. Conveyancing solicitors have said that they are sending me a report tomorrow. What should I be looking out for?
The report on title for your leasehold conveyancing in Shinfield and Arborfield should include some of the following:
Changes to the flat Where does the liability rest for maintaining the window frames You must be told what is to be regarded as a Nuisance as far as the lease is concerned It needs to be made clear to you if the lease permits you to add or upgrade anything in the property- you must be made aware as to whether any restrictions applies to all alterations or just structural alteration, and whether licences for alterations is mandated necessary Does the lease prohibit wood flooring?
Shinfield and Arborfield Leasehold Conveyancing - Examples of Queries Prior to Purchasing
How much is the maintenance charge and ground rent on the apartment? Who manages the block?
We are in the process of a leasehold sale of a flat in Shinfield and Arborfield. Conveyancing lawyers are doing their job but we are being charged a fortune by the freeholder. To date we have paid £237 for a leasehold management pack and then a further £117.20 for additional queries raised by the buyers solicitor.
Your lawyer will not have any say over the extent of the charges for this information however the average costs for the information for Shinfield and Arborfield leasehold premises is £380. When it comes to Shinfield and Arborfield conveyancing sales it is conventional for the vendor to cover the charges. The freeholder or their agents are under no legal obligation to address these questions although many will agree to do so - albeit often at exorbitant prices disproportionate to the work involved. Regretfully there is no statute that requires fixed charges for administrative tasks. There is no legal time frame by which they are required to supply answers.