I was referred a conveyancer who has sent a quote for just over a thousand pound for no move no fee conveyancing in Stamford Bridge. I am hoping to downsize from a purpose built house for £150,000. Are these conveyancing fees excessive? Is it above what I should be paying for conveyancing in Stamford Bridge?
The charges are a little high. Where you are happy to invest time comparing charges you may be able to decrease the fees slightly by say a hundred pounds. That being said, you couldcome to rue choosing an an unknown lawyer. Remember to be sure the conveyancer can also act for your bank. You can utilise our comparison tool to choose a Stamford Bridge conveyancing firm on the banks approved list of lawyers which can often include conveyancing solicitors in Stamford Bridge.
I moved into my home on 3 May and the transaction details is yet to be on the land registry website. Any reason for this? My conveyancing solicitor in Stamford Bridge advises it will be formalised inside ten days. Are properties in Stamford Bridge uniquely lengthy to register?
There is nothing unique about conveyancing in Stamford Bridge registration formalities. Rather than based on location, timeframes can vary according to who lodges the application, whether there are errors and whether the Land registry communicate with any 3rd parties. At present in the region of 80% of submission are fully addressed within 12 days but some can be subject to longer delays. Historically registration is effected after the purchaser is living at the property therefore 'speed' is not typically an essential issue but where there is a degree of urgency associated with the registration then you or your lawyers should contact the land registry and explain the circumstances.
About to purchase a new build flat in Stamford Bridge. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a few leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Stamford Bridge
Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Forfeiture - bankruptcy or liquidation must not apply under this provision. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. There must be mutual enforceability of lessee’s covenants.
I opted to have a survey done on a house in Stamford Bridge in advance of instructing lawyers. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some banks may not give a mortgage on this type of home.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. If you e-mail us we can check with the relevant bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Stamford Bridge. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Stamford Bridge to see if the conveyancing will be more expensive.
I've found a house that seems to tick a lot of boxes, at a great price which is making it more attractive. I have just been informed that it's a leasehold as opposed to freehold. I am assuming that there are particular concerns purchasing a leasehold house in Stamford Bridge. Conveyancing advisers have are soon to be appointed. Will they explain the issues?
The majority of houses in Stamford Bridge are freehold and not leasehold. In this scenario it’s worth having a local conveyancer used to dealing with such properties who can help the conveyancing process. It is clear that you are buying in Stamford Bridge in which case you should be shopping around for a Stamford Bridge conveyancing solicitor and check that they have experience in transacting on leasehold houses. As a matter of priority you will need to check the unexpired lease term. As a tenant you will not be at liberty to do whatever you want to the property. The lease will likely included provisions for example requiring the freeholder’sconsent to conduct alterations. It may be necessary to pay a maintenance charge towards the upkeep of the estate where the house is part of an estate. Your conveyancer should appraise you on the various issues.
Stamford Bridge Leasehold Conveyancing - Sample of Questions you should ask Prior to buying
You should want to discover as much as possible about the company managing the block as they will affect your use and enjoyment of the property. Being a leasehold owner you are often at the mercy of the managing agents from a financial perspective and when it comes to day to day issues like the upkeep of the common parts. Ask other people if they are happy with them. In conclusion, find out the dates that the maintenance charges are due to the appropriate party and specifically what it includes. Is the freehold owned collectively by the tenants?