Recently been in touch with my conveyancing lawyer in Victoria who completed the legal work two years ago asking for a conveyancing quote based on an identical type of home move (a leasehold premises and a freehold premises) of almost identical values with a loan from TSB. It looks as though am now being charged double. Should I look for a cheaper online firm of conveyancing solicitor?
The quote is slightly on the steep side. If you are willing to expend time comparing quotes you could trim some of the cost by as much as £125. That being said, if you were content with the service the firm gave you couldlive to regret opting for an a cheaper lawyer. Remember to be sure that the solicitor can also act for TSB. You can use our search tool to find a Victoria conveyancing firm on the TSB approved list of lawyers, which can often include conveyancing solicitors in Victoria.
Do commercial conveyancing searches reveal proposed roadworks that could affect a commercial estate in Victoria?
Its becoming the norm that commercial conveyancing solicitors in Victoria will perform a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in researching accurate data on highways that impact buildings and development assets in Victoria. The report provides definitive information 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 Victoria.
For each commercial conveyancing transaction in Victoria it is critical to investigate the adoption status of roads surrounding a site. The absence of identifying developments where adoption procedures have not been addressed adequately can result in delays to Victoria commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not carried out for domestic conveyancing in Victoria.
I am purchasing my first flat in Victoria with a loan from Coventry Building Society. The builders refused to move on the price so I negotiated £7000 of fixtures and fittings instead. The estate agent told me not to tell my solicitor about this extras as it would adversely affect my loan with the bank. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
My wife and I may need to let out our Victoria garden flat for a while due to a new job. We instructed a Victoria conveyancing practice in 2002 but they have closed and we did not think at the time seek any advice as to whether the lease permits subletting. How do we find out?
A lease governs the relationship between the freeholder and you the flat owner; specifically, it will set out if subletting is banned, or permitted but only subject to certain conditions. The accepted inference is that if the lease contains no expres ban or restriction, subletting is permitted. Most leases in Victoria do not contain strict prohibition on subletting – such a clause would undoubtedly devalue the property. In most cases there is a basic requirement that the owner notifies the freeholder, possibly sending a copy of the tenancy agreement.
Despite our best efforts, we have been unsuccessful in trying to reach an agreement for a lease extension in Victoria. Can the Leasehold Valuation Tribunal adjudicate on premiums?
in cases where there is a missing freeholder or where there is dispute about the premium for a lease extension, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the LVT to make a decision on the price payable.
An example of a Lease Extension decision for a Victoria premises is Flats 12A & 19, Evelyn Mansions Carlisle Place in June 2009. The Tribunal held that the price to be paid for the new lease of Flat 12A is £168,824, For the other flat the price was set at £169,110 This case related to 2 flats. The unexpired lease term was 56 years.
How much experience do your Victoria conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Victoria conveyancing lawyers help thousands of buyers move home every year and helped lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Victoria conveyancers have worked on recent similar cases.