What can a local search inform me regarding the house my wife and I buying in Writtle?
Writtle conveyancing often starts with the submitting local authority searches directly from your local Authority or via a personal search company for example Searches UK The local search plays an important role in many a Writtle conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your new home. The search will provide information on, amongst other things, details on planning applications relevant to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
I decided to have a survey done on a property in Writtle prior to retaining conveyancers. I have been informed that there is a flying freehold aspect to the house. The surveyor advised that some banks tend not issue a mortgage on such a premises.
It depends who your proposed lender is. HSBC has different requirements from Nationwide. If you contact us we can look into this further with the appropriate bank. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Writtle. Conveyancing will be smoother if you use a solicitor in Writtle especially if they are accustomed to such properties in Writtle.
I have been pointed in your direction by numerous selling agents in Writtle to get a quote from a conveyancer using your seach tool. What’s the financial advantage for Estate Agents to promote your services over another?
We don’t make any referral fee for sending work our way. We found it would be just too difficult a fee because home movers will think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I am employed by a long established estate agent office in Writtle where we have experienced a few leasehold sales put at risk due to short leases. I have received contradictory information from local Writtle conveyancing firms. Could you shed some light as to whether the seller of a flat can start the lease extension formalities for the purchaser on completion of the sale?
Provided that the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the buyer can avoid having to sit tight for 2 years to extend their lease. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed before, or simultaneously with completion of the disposal of the property.
An alternative approach is to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
Writtle Conveyancing for Leasehold Flats - Examples of Queries before buying
Is there a share of the freehold? The answer will be helpful as a) areas could result in problems for the building as the communal areas may start to deteriorate if repairs remain unpaid b) if the leaseholders have a dispute with the running of the building you will wish to have all the details Are there any major works in the near future that will likely add a premium to the service costs?
To what extent are Writtle conveyancing solicitors under an obligation to the Law Society to publish transparent conveyancing costs?
Contained within the Solicitors Code of Conduct are specific rules and regulations as to how the Solicitors Regulation Authority (SRA) allow solicitors to publicise their fees to clients.The Law Society have practice note giving advice on how to publicise transparent charges to avoid breaching any such rule. Practice notes are not legal advice issued by the Law Society and is not to be regarded as the only standard of good practice a conveyancing solicitor should adhere to. The Practice Note does, however, represent the Law Society’s perspective of acceptable practice for publicising conveyancing charges, and accordingly it’s a recommended read for any solicitor or conveyancer in Writtle or further afield.