We are soon to exchange on the purchase of a property in Thornbury but as a result of wreckage from some water damage at the property I have managed to agree compensation from the owner in the sum of six thousand pounds by way of a adjustment in the price. This was going to be addressed as part of amending the contract however Virgin Money are not allowing this. Should they have been involved?
Any property lawyer being on the Virgin Money approved list is duty bound to advise Virgin Money of any changes to the purchase price. If you were to refuse your lawyer to disclose the reduction to Virgin Money then they would have to discontinue acting for you. In addition, Virgin Money and you would have to appoint a new property lawyer for your conveyancing in Thornbury.
There are plenty of conveyancing solicitors in Thornbury but how do I know who's good?
It would be unwise to be seduced by the cheapest Thornbury conveyancing fees. You really do get what you pay for when it comes to conveyancing solicitors. A cheap quote may mean that the conveyancing solicitor is handling a lot of jobs at one time and you won’t get the quality of service and the attention that you need. It is, however, wise to use a conveyancer who has a fixed fee on a no sale, no fee basis. This way, you know exactly what you’ll have to pay in advance.
This question may be naive but I am wet behind the ears as a first time buyer of a garden flat in Thornbury. Do I pick up the keys to the house on completion from my conveyancer? If so, I will instruct a local conveyancing solicitor in Thornbury?
There is no need to visit the lawyers office on the day of completion. Your solicitors will transfer the completion advance to the vendor’s solicitors, and once they have received this, you will be able to receive the keys from the selling Agents and start moving into the property. Usually this occurs between 1 and 3pm.
We are aiming to move property in February. Will my conveyancing solicitor liaise with the removal company on the day of completion. Incidentally, can you suggest a removal company in Thornbury. Conveyancing solicitor was found prior to coming across your website.
On the afternoon of completion you will need to collect the house keys from your estate agent but this should only take place when the previous owners solicitors inform the agent that they acknowledge receipt of the completion payment and the keys can be released. You can inform the removal company that you are ready to move in. As a matter of policy we do not recommend a specific removal organisation but can help you find a residential property solicitor in Thornbury or a legal practice that specialises in conveyancing in Thornbury.
Will commercial conveyancing searches disclose impending roadworks that may impact a commercial site in Thornbury?
Many commercial conveyancing solicitors in Thornbury will execute a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in sourcing accurate data on highways that impact buildings and development assets in Thornbury. The search result provides definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Thornbury.
For every commercial conveyancing transaction in Thornbury it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been dealt with adequately could cause delays to Thornbury commercial conveyancing transactions as well as pose a risk to future intentions for the site. These searches are not ordered for domestic conveyancing in Thornbury.
What does commercial conveyancing in Thornbury cover?
Thornbury conveyancing for business premises covers a wide range of services, offered by qualified solicitors, relating to business property. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
Back In 2006, I bought a leasehold house in Thornbury. Conveyancing and Nationwide Building Society mortgage went though with no issue. I have received a letter from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1997. The conveyancing practitioner in Thornbury who acted for me is not around. Any advice?
First contact HMLR to be sure that this person is in fact the new freeholder. It is not necessary to incur the fees of a Thornbury conveyancing lawyer to do this as it can be done on-line for £3. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I purchased a 1 bedroom flat in Thornbury, conveyancing having been completed March 1999. How much will my lease extension cost? Corresponding properties in Thornbury with an extended lease are worth £201,000. The ground rent is £45 charged once a year. The lease comes to an end on 21st October 2082
You have 64 years unexpired the likely cost is going to be between £15,200 and £17,600 plus legals.
The figure that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.