I require conveyancing for an apartment in a relatively new development (seven years built) in Englefield Green. Almost all the appartments are already disposed of. Is it strictly necessary to order neighbourhood searches as part of conveyancing in Englefield Green?
You would be opening yourself up to an unnecessary risk in not carrying out Englefield Green 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 mortgage free there is no legal necessity to have them, but we would absolutely advise in the strongest possible terms that your lawyer conducts them. Where speed and price are primary issues you should discuss with your lawyer about the option of search insurance
Are the BSA planning on creating a search tool with a view to to identify law firms on the Earl Shilton BS conveyancing panel for instance in Englefield Green?
We would not expect to be advised of any plans on the part of the BSA to promote such a tool.
About to purchase a new build flat in Englefield Green. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Englefield Green
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The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. There must be mutual enforceability of lessee’s covenants. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please confirm the Lease plans are architect prepared. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose?
All being well we will complete our sale of a £200,000 flat in Englefield Green next Tuesday. The management company has quoted £348 for Landlord’s certificate, building insurance schedule and 3 years service charge statements. Is it legal for a freeholder to charge such fees for a leasehold conveyance in Englefield Green?
Englefield Green conveyancing on leasehold apartments normally requires the buyer’s lawyer submitting questions for the landlord to address. Although the landlord is under no legal obligation to answer such questions most will be willing to do so. They are at liberty to charge a reasonable administration fee for responding to questions or supplying documentation. There is no upper cap for such fees. The average fee for the paperwork that you are referring to is £350, in some situations it is above £800. The administration charge required by the landlord must be accompanied by a summary of rights and obligations in relation to administration charges, without which the invoice is not strictly payable. Reality however dictates that one has no option but to pay whatever is requested of you if you want to complete the sale of your home.
I purchased a garden flat in Englefield Green, conveyancing having been completed 4 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Englefield Green with over 90 years remaining are worth £211,000. The ground rent is £45 invoiced annually. The lease expires on 21st October 2092
You have 67 years unexpired we estimate the premium for your lease extension to span between £10,500 and £12,000 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to supply the actual costs without more detailed investigations. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before getting professional advice.
I am hoping to buy a repossessed property in Englefield Green and the mortgagee in possession require completion within 28 days. Can a property lawyer complete in this timeframe? Am I best advised to use a local Englefield Green firm or an online company that professes to offer speedy conveyancing?
Visit your Englefield Green shopping parade. Pop in to a couple of companies and request to talk to a conveyancing solicitor for an estimate. Discuss your needs and get a commitment on deadlines. Select the firm that seems most trustworthy. Make sure to choose a lawyer on the panel of lawyers who can act for your mortgage company.