IfI were to buy a simple residential propertyin Swavesey for cash and have no survey and no conveyancing searches how much would I expect to have to pay for conveyancing in Swavesey?
Any savings you would achieve would be isolated to the costs for searches. Your conveyancer still be obliged to do everything else - money laundering, liaising with your vendors conveyancer, stamp duty return, register the ownership etc. You might save a bit for them not needing to register a mortgage however it will not be meaningful.
Have purchased a a detached house in Swavesey , how long should it take for the Land Registry to record my proprietorship? My Swavesey conveyancing solicitor has been painfully slow, so I want to check the registration formalities are dealt with.
There is nothing unique about conveyancing in Swavesey registration formalities. Rather than based on location, timeframes can vary depending on the party submitting the application, whether it is in order and whether the Land registry must send notices to any third persons or bodies. Currently in the region of three quarters of such applications are completed within two weeks but occasionally there can be extensive delays. Historically registration is effected once the purchaser is living at the premises therefore 'speed' is not typically primary concern yet if there is a degree of urgency associated with the registration then you or your solicitor could communicate with the Registry to express the reasoning for the application to be prioritised.
How can the Landlord & Tenant Act 1954 affect my business property in Swavesey and how can your lawyers assist?
The 1954 Act affords security of tenure to commercial lessees, granting the dueness to apply to court for a new lease and continue in occupation when the lease comes to an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Swavesey is one of the many areas of the UK in which our lawyers have offices
Having had my offer accepted I require leasehold conveyancing in Swavesey. Before I get started I would like to find out the number of years remaining on the lease.
If the lease is recorded at the land registry - and most are in Swavesey - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I bought a 2 bed flat in Swavesey, conveyancing formalities finalised 5 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Similar properties in Swavesey with over 90 years remaining are worth £170,000. The average or mid-range amount of ground rent is £50 yearly. The lease comes to an end on 21st October 2097
With just 78 years unexpired we estimate the price of your lease extension to span between £7,600 and £8,800 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for renewing a lease, but we are not able to supply the actual costs in the absence of comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before getting professional advice.
We have been told by many family members to expect up to two months for Swavesey conveyancing to complete.This was a month ago. The draft contract was only forwarded to my lawyer yesterday so does the clock start running now?
Do not bank on completing on a set date until contracts are exchanged. Whatever promises the people you are purchasing from or selling to make, or your conveyancer gives don't count on them. More stress is caused to home movers by unfulfilled assurances than anything else.