I require conveyancing for an apartment in a relatively new development (five years built) in Wareham. Almost all the properties are already occupied. Do I need carry out the local searches as part of conveyancing in Wareham?
You are taking a significant risk in failing carrying out Wareham conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying without a mortgage there is no legal requirement to have them, but we would seriously advise in the strongest possible terms that your conveyancer conducts them. Where time pressures and cost are primary concerns you should discuss with your conveyancer about the possibility of search insurance
We're in Wareham, First timers buying with a mortgage (lender is Nationwide , and our solicitor is on the Nationwide conveyancing panel). How long should the conveyancing process take?
The fact that your lawyer is on the Nationwide conveyancing panel is a help. It would almost certainly delay matters if they were not. However, no conveyancer should guarantee a timeframe for your conveyancing, due to third parties outside of your control such as delays caused by lenders,conveyancing search providers or by the other side’s solicitors. The time taken is often determined by the number of parties in a chain.
The deeds to our house can not be found. The solicitors who dealt with the conveyancing in Wareham 10 years ago have long since closed. What are my next steps?
As long as you have a registered title the details of your ownership will be recorded by HMLR under a Title Number. It is easy to conduct a search at the Land Registry, find your house and get up to date copies of the property title for less than a fiver. Where the title is Leasehold then the Land Registry will usually hold a certified copy of the Registered Lease and again, a copy can be obtained for twenty pounds.
My business partner and I are wishing to lease a unit on a shopping parade. Can you recommend solicitors offering fixed fees for commercial conveyancing in Wareham for under 2k?
We can recommend firms who have an in-depth of experience of commercial conveyancing in Wareham, including the sale and acquisition of businesses as well as simply premises. Whether you are hoping to buy or dispose of a shop, pub, restaurant, office, retail unit or a complete business we will find you the right solicitor. As for the fees these will vary based on the structure and terms of the deal. Please provide us with your contact information or email us so that we may provide you with comprehensive commercial conveyancing quote.
Our conveyancer has advised that he intends to complete and exchange simultaneously on the sale of our £150,000 maisonette in Wareham on Wednesday in a week. The managing agents has quoted £312 for Landlord’s certificate, insurance certificate and previous years statements of service charge. Is the landlord entitled to charge an administration fee for a leasehold conveyance in Wareham?
Wareham conveyancing on leasehold flats ordinarily results in fees being invoiced by management companies :
Addressing pre-contract enquiries
Where consent is required before sale in Wareham
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I acquired a leasehold flat in Wareham, conveyancing formalities finalised in 2012. Can you work out an approximate cost of a lease extension? Similar properties in Wareham with a long lease are worth £260,000. The average or mid-range amount of ground rent is £45 yearly. The lease ceases on 21st October 2093
With only 75 years remaining on your lease the likely cost is going to range between £8,600 and £9,800 as well as legals.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and clearly you want to 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.