Can your site be used to recommend a Conveyancing solicitor in Sturminster Newton even if I’m not purchasing or disposing of a house, for instance where I intend to buy an office in Sturminster Newton with a loan from Halifax?
The service is mainly used to get a quote from residential conveyancing solicitors in Sturminster Newton but we have recorded towards the bottom of this page a selection of Sturminster Newton commercial conveyancing firms. You will need to enquire with the solicitors directly to establish if they are also authorised to represent Halifax
How does conveyancing in Sturminster Newton differ for new build properties?
Most buyers of new build residence in Sturminster Newton approach us having been asked by the builder to sign contracts and commit to the purchase even before the house is completed. This is because builders in Sturminster Newton typically buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Sturminster Newton or who has acted in the same development.
My husband and I are first time buyers - had an offer accepted, yet the property agent told us that the seller will only go ahead if we instruct their recommended solicitors as they are insisting on an ‘expedited deal’. My instinct tells me that we should use a family conveyancer used to conveyancing in Sturminster Newton
We suspect that the seller is not behind this ultimatum. Should the seller desire ‘a quick sale', alienating a motivated buyer is not the way to achieve this. Bypass the agents and go straight to the owners and make sure they understand (a)you are keen to buy (b)you are ready to go, with finances in place © you have nothing to sell (d) you intend to proceed fast (e)however you are going to use your preferred Sturminster Newton conveyancing lawyers - rather thanthe ones that will provide their estate agent a referral fee or achieve conveyancing figures set by senior management.
I work for a busy estate agent office in Sturminster Newton where we have witnessed a number of flat sales jeopardised as a result of short leases. I have been given contradictory information from local Sturminster Newton conveyancing firms. Can you confirm whether the owner of a flat can initiate the lease extension formalities for the purchaser on completion of the sale?
Provided that the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. The benefit of this is that the proposed purchaser can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or at the same time as completion of the sale.
An alternative approach is to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
I own a 1st floor flat in Sturminster Newton, conveyancing formalities finalised in 1998. Can you shed any light on how much the price could be for a 90 year extension to my lease? Corresponding flats in Sturminster Newton with an extended lease are worth £227,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease ceases on 21st October 2097
You have 72 years left to run the likely cost is going to range between £9,500 and £11,000 plus costs.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure in the absence of comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information before seeking the advice of a professional.
Midway through the sale of a leasehold flat in Sturminster Newton. Conveyancing is fine but we are being charged a fortune from the landlord. So far we have forked out £275 for a leasehold management pack and then another £118 for responses to questions supplied by the buyers conveyancer.
Neither you or your conveyancing practitioner will have any impact over the extent of the charges for this information but the typical costs for the information for Sturminster Newton leasehold premises is £350. For Sturminster Newton conveyancing deals it is standard for the seller to cover the costs. The freeholder or their agents are under no legal obligation to answer such questions although many will be content to do so - albeit often at high prices disproportionate to the work involved. Regretfully there is no legislation that requires fixed fees for administrative tasks. There is no prescriptive time frame by which they are required to provide answers.