My partner and I are buying our first home. The lawyer has e-mailedto check if we want to purchase supplemental conveyancing searches. We are really unsure what's necessary for conveyancing in Tidworth
The type of Tidworth conveyancing searches depends entirely on the premises, the location, the possibility of any of these risks, your familiarity of the area and risks, your general attitude to risk. What is important is that you properly comprehend what information each search could give you. You may then decide if you consider that you need that search. Where you are in doubt, ask the solicitor to recommend.
Our bank has recommended solicitors on their panel based in Tidworth but I would rather choose a conveyancing lawyer in Tidworth round the corner to me. Can you assist?
Not all Tidworth conveyancing practitioners are approved and listed on all lender’s conveyancing panel. Use the above search tool to choose a Tidworth conveyancing solicitor on the on the bank panel.
About to purchase a new build flat in Tidworth. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below is a sample of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Tidworth
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Forfeiture - bankruptcy or liquidation must not apply under this provision. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? There must be mutual enforceability of lessee’s covenants. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
I have been advised by a few estate agents in Tidworth to get a quote from a solicitor on your site. Is there a financial advantage for Estate Agents to offer your site over and above another?
We refuse to give any commission for pointing buyers and sellers in our direction. We found it would be just too difficult a fee as a client could think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ So we decided to step away from that.
Planning to sign contracts shortly on a garden flat in Tidworth. Conveyancing solicitors inform me that they report fully within the next couple of days. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Tidworth should include some of the following:
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What you can do if another leaseholder in the building breaches a clause of their lease? Responsibility to repair and maintain the block. It is essential for you to know who is responsible the repair and maintenance of every part of the building Do you need to have carpet in the flat or are you allowed wood flooring? Ground rent - what is payable and what the invoice dates are, and also know whether this is subject to change The physical ownership of the premises. This might be the flat itself but may include a loft or cellar if relevant.
I bought a 1 bedroom flat in Tidworth, conveyancing was carried out April 1999. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent properties in Tidworth with over 90 years remaining are worth £190,000. The ground rent is £45 levied per year. The lease ceases on 21st October 2087
With only 62 years unexpired we estimate the price of your lease extension to range between £17,100 and £19,800 as well as costs.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure without more detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.