The mortgage offer from Santander for the remortgage of my 2 bedroom flat is to be issued within the next few days. Are you able to suggest a cheap conveyancing practitioner in Hackney Marshes?

This site is not designed to help those in pursuit of a cheap conveyancing solicitors in Hackney Marshes. We can offer you excellent value conveyancing but we do not aim to advertise as being the cheapest. Resist the temptation to appoint companies enticing you with £100 conveyancing in Hackney Marshes. The optimum outcome, in going for low cost conveyancing, you will get your money’s worth and at worst it will result in you invoiced for extras and still not end up with the service expected.

Is there a reason why leasehold purchase conveyancing in Hackney Marshes costs more?

The conveyancing fees for a leasehold premises in Hackney Marshes is inevitably greater when contrasted to a freehold acquisition or disposal. This is due to the additional time required in communicating with the freeholder and management company to collate the information concerning whether the rent and maintenance charges have been discharged and whether there are any significant expenditure in the near future on repairs or maintenance of the block.

I used Arc property Solicitors a few years past for my conveyancing in Hackney Marshes. I now require my file however the law firm is no longer operating. What do I do?

You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Hackney Marshes of the conveyancing firm of solicitors you previously instructed, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.

Over the last few months I have been searching for a leasehold apartment up to £245,000 and identified one close by in Hackney Marshes I like with open areas and station in the vicinity, the downside is that it only has 51 remaining years left on the lease. I can't really find anything else in Hackney Marshes in this price bracket, so just wondered if I would be making a grave error acquiring a short lease?

Should you need a home loan the shortness of the lease may be a potential deal breaker. Discount the offer by the amount the lease extension will cost if not already taken into account. If the current proprietor has owned the premises for a minimum of twenty four months you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the existing lease with a zero ground rent applied. You should consult your conveyancing solicitor concerning this matter.

Can you provide any top tips for leasehold conveyancing in Hackney Marshes from the point of view of saving time on the sale process?

• Much of the delay in leasehold conveyancing in Hackney Marshes can be bypassed where you instruct lawyers the minute your agents start marketing the property and request that they start to put together the leasehold documentation which will be required by the purchasers’ representatives.
The majority of freeholders or managing agents in Hackney Marshes charge for supplying management packs for a leasehold property. You or your lawyers should enquire as to the actual amount of the charges. The management information sought as soon as you have a buyer, thus accelerating the process. The typical amount of time it takes to receive management information is three weeks. It is the most common reason for delay in leasehold conveyancing in Hackney Marshes. If you have had conflict with your landlord or managing agents it is very important that these are settled prior to the flat being put on the market. The buyers and their solicitors will be reluctant to purchase a property where a dispute is unresolved. You will have to accept that you will have to pay any arrears of service charge or settle the dispute prior to the buyers completing the purchase. It is therefore preferable to have any dispute settled ahead of the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose particulars of the dispute to the buyers, but it is better to present the dispute as over as opposed to unresolved. If you hold a share in a the Management Company, you should make sure that you are holding the original share document. Organising a re-issued share certificate is often a lengthy formality and delays many a Hackney Marshes home move. If a new share is necessary, you should approach the company director and secretary or managing agents (where applicable) for this at the earliest opportunity.

We have reached the end of our tether in trying to purchase the freehold in Hackney Marshes. Can this matter be resolved via the Leasehold Valuation Tribunal?

Where there is a absentee freeholder or if there is dispute about what the lease extension should cost, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to arrive at the price.

An example of a Freehold Enfranchisement matter before the tribunal for a Hackney Marshes residence is 12 Nutfield Road in July 2014. the Tribunal judged that the price to be paid by the applicants for the freehold interest should be £19,572 This case related to 2 flats. The unexpired term as at the valuation date was 72.02 years.