Me and my partner are about to complete on the purchase of a property in South Ockendon but as a consequence of wreckage from a small fire at the property I have was able negotiate compensation from the owner in the sum of six thousand pounds taking the form of a reduction in the price. This was going to be addressed as part of the conveyancing process however Bank of Ireland will not agree to this. Why were they approached?
Any property lawyer being on a Bank of Ireland conveyancing panel is required to inform Bank of Ireland of any amendments to the sale price. If you prohibit your lawyer to notify the price change to Bank of Ireland then they would have to discontinue acting for you. In addition, Bank of Ireland and you would have to appoint a new conveyancing practitioner for your conveyancing in South Ockendon.
I am close to exchanging contracts on the sale of our house in South Ockendon and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. A local lawyer would know that there is no such problem. It does beg the question why the buyers used a nationwide conveyancing practice as opposed to a conveyancing solicitor in South Ockendon. We have lived in South Ockendon for many years we know of no issue. Should we get in touch with our local Authority to obtain clarification that there is no issue.
It would appear that you have a conveyancing firm already. Are they able to advise? You need to enquire of 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 life insurance to cover that same ailment)
I am looking for a ground for flat up to £245,000 and identified one close by in South Ockendon I like with a park and railway links in the vicinity, the downside is that it's only got 51 years unexpired on the lease. There is not much else in South Ockendon for this price, so just wondered if I would be making a grave error acquiring a short lease?
If you need a mortgage the remaining unexpired lease term may be problematic. Reduce the price by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of twenty four months you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
My business partner and I are looking to take over a lease of an office on the high street. Can you recommend solicitors offering fixed fees for non-domestic conveyancing in South Ockendon for less than £1,200?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in South Ockendon, including the disposal and acquisition of businesses as well as simply premises. Whether you are hoping to buy or dispose of a shop, pub, restaurant, office, retail premises or a complete business we will find you the right lawyer. As for the costs this will depend on the structure and terms of the deal. Please provide us with your details or telephone us so that we can furnish you with a fixed commercial conveyancing calculation.
My partner has encouraged me to appoint his conveyancing solicitors in South Ockendon. Should I use them?
Much as we are happy to recommend a South Ockendon conveyancing lawyer it’s preferable to find a conveyancing practitioner is to have feedback from friends or relatives who have actually experience in using the firm you're are thinking of instructing.