My wife and I are due to complete buying a house in Northleach but as a result of wreckage from a small fire at the property I have managed to agree compensation from the vendor in the sum of £3k in the form of a adjustment in the price. I had intended this to be addressed as part of the conveyancing process but Kent Reliance will not agree to this. Why were they informed?
Any solicitor that is on the Kent Reliance approved list is required to disclose to Kent Reliance of any variations to the purchase price. If you were to refuse your property lawyer to report the reduction to Kent Reliance then they would have to discontinue acting for you. In addition, Kent Reliance and you would have to appoint a new property lawyer for your conveyancing in Northleach.
Why do I have to pay up front for my conveyancing in Northleach?
If you are buying a property in Northleach your solicitor will request that you put them with funds to cover the search fees. Generally this is asked for to cover the fees of the Local Authority Search. When the deposit is payable against the total price then this will be required immediately prior to exchange of contracts. Any further balance that is needed will be payable a couple of days prior to the day of completion.
My company is looking to take an assignment of a lease of an office on a shopping parade. Can you recommend solicitors offering no-sale-no fees for non-domestic conveyancing in Northleach for below £1,200?
We are happy to recommend firms who have specialist knowledge of commercial conveyancing in Northleach, including the sale and acquisition of businesses as well as simply property. If you are looking to acquire or sell a shop, pub, restaurant, office, retail unit or a whole business we will find you the right lawyer. As for the costs this will depend on the structure and heads of terms of the proposed transaction. Let us have your contact information or phone us so that we may provide you with a detailed commercial conveyancing calculation.
Back In 2001, I bought a leasehold house in Northleach. Conveyancing and Halifax mortgage went though with no issue. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1996. The conveyancing practitioner in Northleach who previously acted has now retired. Any advice?
First contact HMLR to be sure that the individual purporting to own the freehold is in fact the new freeholder. It is not necessary to instruct a Northleach conveyancing firm to do this as you can do this on the Land Registry website for a few pound. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
Leasehold Conveyancing in Northleach - Sample of Questions you should ask before buying
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What is the name of the managing agents? It is important to be aware whether changing the roof or some other significant cost is due in the near future to be shared amongst the tenants and may well dramatically increase the the maintenance costs or result in a specific invoice.
I bought a property in Northleach last 11/11/2024 and to date it is still not recorded with HMLR. It was part of a development site and my solicitor told me that it can take one year to complete the registration formalities. I have called HM Land Registry directly and they have informed me the original application was cancelled due to questions not being addressed in time. Should I be concerned?
get in touch with your solicitor - if you are not getting sensible responses, find out about their internal complaints process and escalate your problem to a Partner. Registrations for Northleach conveyancing are not known to be significantly delayed.