We were about to choose a conveyancing solicitor in Spital recommended using your comparison tool but stumbled across some other costs illustrations on the internet appear cheaper – why is this?
One can find plenty of websites advertising self styled cut-price conveyancing, yet more often than not extrafees result in the completion invoice being escalated. Solicitors are duty bound to ensure costs listed in terms and conditions should be honest and reasonable raised The law firms that we put forward for conveyancing in Spital specify all legal fees for the property you intend topurchase.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Spital?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Spital. 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…’
I decided to have a survey completed on a property in Spital in advance of instructing solicitors. I have been informed that there is a flying freehold element to the property. Our surveyor advised that some lenders may refuse to give a mortgage on this type of house.
It varies from the lender to lender. Santander has different instructions for example to Halifax. Should you wish to call us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Spital. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Spital to see if the conveyancing will be more expensive.
In my capacity as executor for the estate of my uncle I am selling a property in Monmouth but I am based in Spital. My lawyer (who is 200 miles awayrequires that I execute a statutory declaration prior to the transaction finalising. Could you suggest a conveyancing solicitor in Spital to witness and place their company stamp on the document?
Technically speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are based in Spital
I am hoping to put an offer on a small detached house that seems to be perfect, at a reasonable price which is making it more attractive. I have since been informed that the title is leasehold rather than freehold. I am assuming that there are issues buying a house with a leasehold title in Spital. Conveyancing advisers have are soon to be appointed. Will my lawyers set out the risks of buying a leasehold house in Spital ?
The majority of houses in Spital are freehold rather than leasehold. This is one of the situations where having a local solicitor who is familiar with the area who can assist with the conveyancing process. We note that you are purchasing in Spital in which case you should be shopping around for a Spital conveyancing solicitor and check that they are used to transacting on leasehold houses. First you will need to check the unexpired lease term. Being a lessee you will not be entirely free to do whatever you want with the house. The lease comes with conditions for example obtaining the freeholder’sconsent to carry out changes to the property. It may be necessary to pay a maintenance charge towards the upkeep of the communal areas where the house is part of an estate. Your lawyer will advise you fully on all the issues.
I purchased a garden flat in Spital, conveyancing was carried out 4 years ago. Can you give me give me an indication of the likely cost of a lease extension? Equivalent flats in Spital with a long lease are worth £227,000. The average or mid-range amount of ground rent is £50 invoiced annually. The lease runs out on 21st October 2097
With only 72 years unexpired we estimate the premium for your lease extension to span between £9,500 and £11,000 as well as legals.
The figure above a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.