How up to date is your database of Wollaston solicitors on the Aldermore conveyancing panel? Do Aldermore send you an updated list?

Wollaston conveyancing firms themselves provide us confirmation that they are on the Aldermore conveyancing panel as opposed to being supplied with a list from Aldermore directly.

Are there restrictive covenants that are commonly identified as part of conveyancing in Wollaston?

Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Wollaston. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

The estate agent has sent us the confirmation of our purchase of a new build apartment in Wollaston. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.

Set out below are examples of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Wollaston

The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.

My business partner and I are looking to lease a unit on a shopping parade. Can you recommend solicitors offering competitive fees for non-domestic conveyancing in Wollaston for under 2k?

We can recommend firms who have well rounded knowledge of commercial conveyancing in Wollaston, including the disposal and acquisition of businesses as well as simply property. Whether you are hoping to purchase or dispose of a shop, pub, restaurant, office, retail premises or a complete business we can put you in touch with the right firm. As for the charges this will depend on the structure and nuances of the deal. Please provide us with your details or phone so as to enable us to furnish you with a detailed commercial conveyancing quote.

Due to complete next month on a basement flat in Wollaston. Conveyancing lawyers have said that they will have a report out to me tomorrow. Are there areas in the report that I should be focusing on?

The report on title for your leasehold conveyancing in Wollaston should include some of the following:

You should be advised what counts as a Nuisance as far as the lease is concerned Do you need to have carpet in the flat or are you allowed wood flooring? Details of the parties to the lease, for example these could be the (you), head lessor, freeholder It needs to be made clear to you whether the lease allows you to add or upgrade anything in the flat- you should know whether it applies to all alterations or just structural alteration, and whether permission is mandated necessary Information concerning the obligations in the lease to pay service charges - in respect of the block, and the more general rights a tenant has

I own a 1 bedroom flat in Wollaston, conveyancing formalities finalised April 2004. Can you please calculate a probable premium for a statutory lease extension? Similar flats in Wollaston with over 90 years remaining are worth £185,000. The average or mid-range amount of ground rent is £65 yearly. The lease terminates on 21st October 2085

You have 60 years remaining on your lease we estimate the premium for your lease extension to be between £20,000 and £23,000 as well as legals.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of detailed due diligence. Do 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 you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first seeking the advice of a professional.