Just been in touch with my conveyancing solicitor in Bethnal Green who acted for me two years ago and wanted a conveyancing costs illustration based on an identical type of house sale & purchase (a leasehold premises and a freehold premises) of almost identical values with a mortgage from Barclays Direct. It looks as though am now being quoted twice the amount. Am I right to be tempted to shop around for an alternative conveyancer?
The costs illustration is fractionally on the high side. If you are prepared to expend time comparing costs you could shave off some of the expense by as much as £100 plus VAT. On the other hand, assuming were happy with the service the firm provided you couldcome to regret opting for an a cheaper solicitor. Don't forget to be sure the conveyancer can represent Barclays Direct. You can employ our search tool to locate a Bethnal Green conveyancing firm on the Barclays Direct member panel, which can often include conveyancing solicitors in Bethnal Green.
My partner and I have just acquired a house in Bethnal Green. We have since encountered a number of problems with the property which we consider were overlooked in the conveyancing searches. Do we have any recourse? What searches should? have been ordered for conveyancing in Bethnal Green?
It is not clear from the question as what problems have arisen and if they are specific to conveyancing in Bethnal Green. Conveyancing searches and investigations undertaken during the legal transfer of property are carried out to help avoid problems. As part of the legal transfer of property, the vendor completes a questionnaire called a SPIF. answers proves to be inaccurate, then you may have a claim against the owner for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Bethnal Green.
My company is wishing to take over a lease of an office on the high street. Can you recommend solicitors offering no-sale-no fees for commercial conveyancing in Bethnal Green for under £2000?
We are happy to recommend firms who have well rounded knowledge of commercial conveyancing in Bethnal Green, including the disposal and acquisition of businesses as well as simply property. If you are looking to purchase or lease a shop, pub, restaurant, office, retail unit or a whole business we can find you the right solicitor. Regarding the charges this will depend on the structure and complexity of the proposed transaction. Let us have your contact information or telephone so as to enable us to supply you with comprehensive commercial conveyancing calculation.
Can you provide any top tips for leasehold conveyancing in Bethnal Green with the purpose of expediting the sale process?
- Much of the frustration in leasehold conveyancing in Bethnal Green can be avoided where you appoint lawyers the minute you market your property and request that they start to put together the leasehold information needed by the buyers’ lawyers. If you have the benefit of shareholding in the freehold, you should ensure that you are holding the original share certificate. Organising a replacement share certificate is often a time consuming process and delays many a Bethnal Green conveyancing transaction. If a new share is required, do contact the company officers or managing agents (where relevant) for this as soon as possible. Some Bethnal Green leases require Landlord’s consent to the sale and approval of the buyers. If this is the case, it would be prudent to place the estate agents on notice to make sure that the purchasers obtain financial (bank) and professional references. The bank reference should make it clear that the buyer is financially capable of paying the yearly service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the service charge figures so that they can pass this information on to the buyers or their lawyers. You believe that you know the number of years remaining on your lease but you should double-check via your lawyers. A buyer’s conveyancer will be unlikely to recommend their client to where the remaining number of years is below 80 years. In the circumstances it is important at an early stage that you consider whether the lease for your property needs extending. If it does, contact your solicitors before you put your home on the market for sale. If you have carried out any alterations to the premises would they have required Landlord’s consent? In particular have you laid down wooden flooring? Bethnal Green leases often stipulate that internal structural changes or laying down wooden flooring necessitate a licence issued by the Landlord approving such alterations. Where you fail to have the consents in place you should not contact the landlord without contacting your conveyancer first.
Following months of negotiations we are unable to agree with our landlord on how much the lease extension should cost for our flat in Bethnal Green. Does the Leasehold Valuation Tribunal have jurisdiction to calculate the appropriate figures?
Most definitely. We can put you in touch with a Bethnal Green conveyancing firm who can help.
An example of a Lease Extension case for a Bethnal Green flat is 137 & 139 Haberdasher Street in December 2013. The Tribunal determines in accordance with section 48 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 that the premium for the extended lease for each Property should be £12,350.00. This case related to 2 flats. The number of years remaining on the existing lease(s) was 72.39 years.
Been searching for a property lawyer for leasehold sale conveyancing in Bethnal Green. I'm selling, uncomplicated no mortgage to discharge, no hurry, no onward chain. Had an estimate from a conveyancer for £1000 excluding VAT which is a tad steep given that its so straightforward. Can I pay less for conveyancing in Bethnal Green?
Given that it’s a sale only, £425 + VAT is likely to be about the lowest for sale conveyancing in Bethnal Green.