Can you suggest a sanctioned Cudham conveyancing practice finish our house move within a short deadline? Would it be better to use a high street Cudham firm or an internet comparison site?
We can recommend some very good Cudham conveyancing firms. You can also walk up the high street in Cudham. Approach some well established firms and request to see a conveyancing solicitor for a quote. Discuss your time frames together with the reasons and ask for an assurance on speed. Select the lawyer that genuine.
My brother-in-law has suggested I instruct a conveyancing solicitor in Cudham. I I would like to check whether they are accepted on the conveyancing panel. Could you advise?
You should e-mail your conveyancer and enquire whether they are on the lender panel. Alternatively you can call who may be able to help.
I am looking for a ground for flat up to £195,000 and identified one near me in Cudham I like with amenity areas and transport links nearby, the downside is that it only has 49 remaining years left on the lease. There is not much else in Cudham for this price, so just wondered if I would be making a mistake buying a lease with such few years left?
If you need a mortgage the shortness of the lease will be problematic. Reduce the offer by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you could ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor regarding this.
I was pointed in your direction by a number of property agents in Cudham to select a property lawyer on your site. Is there a financial incentive for Estate Agents to offer your services rather than a competitor’s?
We refuse to offer any referral fee for sending work our way. We found it would be just too difficult a fee because a client could think, ‘How come the agent getting a kickback? Why aren’t I receiving any benefit too?’ We would prefer to grow our business on genuine recommendations.
Back In 2002, I bought a leasehold flat in Cudham. Conveyancing and mortgage are in place. A letter has just been received from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1995. The conveyancing practitioner in Cudham who previously acted has now retired. What should I do?
The first thing you should do is contact HMLR to make sure that this person is indeed the registered owner of the freehold reversion. There is no need to incur the fees of a Cudham conveyancing firm to do this as you can do this on the Land Registry website for a few pound. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I am the registered owner of a studio flat in Cudham, conveyancing was carried out in 1995. Can you work out an approximate cost of a lease extension? Comparable flats in Cudham with a long lease are worth £165,000. The ground rent is £45 yearly. The lease ceases on 21st October 50
With only 50 years left to run we estimate the premium for your lease extension to span between £36,100 and £41,800 as well as costs.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.