I am in need of a property lawyer. Do I opt for a web based conveyancer rather than a family The Meadows conveyancing lawyer?
The Meadows is a special area, where regional knowledge helps. The relaxed pace of life has an upside – but not when it comes to your conveyancing. The solicitors that we recommend providing a wealth of The Meadows insight with a proactive, hands-onattitude that helps everything runs smoothly. It is a distinct advantage that they benefit from good connections with mortgage brokers, local authorities, valuers and other The Meadows conveyancing practices
I am downsizing from our home in The Meadows and according to the buyers it appears that there is a risk of it being constructed land that was not decontaminated. A local lawyer would know that there is no such problem. For the life of me I don't know why the buyers used an internet conveyancing practice as opposed to a conveyancing solicitor in The Meadows. Having lived in The Meadows for three years we know that this is a non issue. Should we get in touch with our local Authority to get confirmation that there is no issue.
It sounds as though you may have a conveyancing solicitor currently acting for you. 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)
Despite weeks of looking the Title Certificate and documents to my property are lost. The lawyers who handled the conveyancing in The Meadows 4 years ago have long since closed. Will I be able to sell the house?
As long as the title is registered the details of your proprietorship will be retained by HMLR with a Title Number. It is possible to carry out a search at the Land Registry, locate your house and secure current copies of the Registered Entries for a small fee. Where the title is Leasehold then the Land Registry will in most cases retain a certified copy of the Registered Lease and again, a copy can be ordered for a small fee.
Just had an offer accepted on a new build apartment in The Meadows. 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 is a sample of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in The Meadows
The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Please confirm the Lease plans are architect prepared. 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.
Last September I purchased a leasehold property in The Meadows. Am I liable to pay service charges for periods before completion of my purchase?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I invested in buying a studio flat in The Meadows, conveyancing formalities finalised 6 years ago. Can you work out an approximate cost of a lease extension? Corresponding properties in The Meadows with an extended lease are worth £260,000. The ground rent is £45 invoiced annually. The lease finishes on 21st October 2094
With only 74 years unexpired we estimate the premium for your lease extension to range between £8,600 and £9,800 as well as professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.