I need some fast conveyancing in Billingshurst as I am under a deadline to sign on the dotted line inside 2 weeks. A home loan is not required. Is it possible to avoid the conveyancing searches to save fees and time?
As you are not getting a home loan you have the choice not to do searches although no conveyancer would suggest that you don't. With lots of history conveyancing in Billingshurst the following are examples of issues that can show up and adversely affect future mortgageability: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Road Schemes,...
I've recently found out that there is a flying freehold element on a house I have offered on last month in what was supposed to be a straight forward, no chain conveyancing. Billingshurst is the location of the property. Is there any guidance you can give?
Flying freeholds in Billingshurst are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Billingshurst you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Billingshurst may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
Taking into account that I will soon part with £400,000 on a house in Billingshurst I wish to have a conversation with the solicitor regarding thetransaction in advance of instructing the firm. Can this be arranged?
Absolutely - we would be pleased to talk to you we do not take any clients on without you liaising with the lawyer who will be conducting your conveyancing in Billingshurst.There is no ‘factory style conveyancing’ - each client is an important individual, not a file number. The practices that we put you in touch with believe that the figure you are provided with for residential conveyancing in Billingshurst should be the amount on the final invoice that you are charged.
I am thinking of appointing a conveyancing lawyer in Billingshurst for my house move. Is it possible to see a solicitor's record with the profession’s regulator?
Members of the public can find documented Solicitor Regulator Association (SRA) determinations resulting from investigations started on or after Jan 2008. Go to Check a solicitor's record. For information about the period before 1 January 2008, or to check a firm's history, phone 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For non-uk callers, dial +44 (0)121 329 6800. The regulator could monitor telephone calls for training reasons.
What advice can you give us when it comes to finding a Billingshurst conveyancing firm to carry out our lease extension conveyancing?
If you are instructing a conveyancer for lease extension works (regardless if they are a Billingshurst conveyancing practice) it is essential that they be familiar with the legislation and specialises in this area of work. We suggest that you speak with two or three firms including non Billingshurst conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then that’s a bonus. The following questions might be of use:
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What volume of lease extensions have they carried out in Billingshurst in the last year?
I purchased a 1st floor flat in Billingshurst, conveyancing having been completed 10 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Billingshurst with over 90 years remaining are worth £206,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease terminates on 21st October 2091
With just 66 years left to run we estimate the premium for your lease extension to range between £11,400 and £13,200 as well as legals.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first seeking the advice of a professional.