We are downsizing from our home in West Moors and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. Any high street West Moors lawyer would know this is not the case. For the life of me I don't know why the purchasers used a nationwide conveyancing practice rather than a conveyancing solicitor in West Moors. We have lived in West Moors for 4 years we know that this is a non issue. Should we get in touch with our local Authority to obtain confirmation need.
It sounds as though you may have a conveyancing lawyer already. What do they say? You need to check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
Due to the advice of my in-laws I had a survey completed on a property in West Moors in advance of instructing solicitors. I have been advised that there is a flying freehold aspect to the property. The surveyor advised that some lenders tend refuse to issue a loan on such a premises.
It varies from the lender to lender. HSBC has different instructions from Nationwide. If you call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in West Moors. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in West Moors to see if the conveyancing costs will increase in light of this.
In my capacity as executor for the will of my aunt I am selling a house in Newport but reside in West Moors. My lawyer (approximately 260 miles awayrequires that I execute a statutory declaration ahead of the transaction finalising. Could you suggest a conveyancing lawyer in West Moors who can attest this legal document for me?
strictly speaking you are unlikely to need to have the documents attested by a conveyancing solicitor. Normally any notary public or qualified solicitor will suffice regardless of whether they are West Moors based
I today plan to offer on a house that appears to tick a lot of boxes, at a reasonable figure which is making it more attractive. I have just been informed that it's a leasehold rather than freehold. I would have thought that there are issues purchasing a house with a leasehold title in West Moors. Conveyancing lawyers have are about to be instructed. Will my lawyers set out the risks of buying a leasehold house in West Moors ?
The majority of houses in West Moors are freehold and not leasehold. This is one of the situations where having a local conveyancer who is familiar with the area who can help the conveyancing process. it is apparent that you are purchasing in West Moors in which case you should be shopping around for a West Moors conveyancing solicitor and check that they are used to dealing with leasehold houses. First you will need to check the unexpired lease term. Being a leaseholder you will not be at liberty to do whatever you want to the property. The lease will likely included provisions for example obtaining the landlord’spermission to carry out changes to the property. It may be necessary to pay a service charge towards the maintenance of the communal areas where the property is located on an estate. Your conveyancer will appraise you on the various issues.
I inherited a 1 bedroom flat in West Moors, conveyancing having been completed in 1995. Can you let me have an estimated range of the fair premium for a lease extension? Equivalent flats in West Moors with a long lease are worth £165,000. The average or mid-range amount of ground rent is £45 yearly. The lease runs out on 21st October 50
With only 50 years unexpired the likely cost is going to span between £36,100 and £41,800 plus legals.
The suggested premium range above a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information without first seeking the advice of a professional.
At what point do I incur the Stamp Duty Land Tax payable for my conveyancing in West Moors?
Your should fill out a Land Transaction Return Form on your behalf as part of your West Moors conveyancing transaction for you to sign. On completion your will submit the Land Transaction application to the Tax Authorities and - assuming they have the money - discharge any land tax payable on your behalf.