Would the conveyancing lawyers that you recommend carry out conveyancing in Acocks Green by way of an attended exchange?
We do have a number of conveyancing specialists who can conduct personalised exchanges. Please contact us to secure a conveyancing quote and details as to dates.
We are buying a flat and require a conveyancing solicitor in Acocks Green who is on the Clydesdale conveyancing panel. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Clydesdale . We don't recommend any particular firms conducting conveyancing in Acocks Green.
I am looking for a ground for flat up to £235,500 and identified one round the corner in Acocks Green I like with a park and station nearby, the downside is that it only has 51 years unexpired on the lease. I can't really find anything else in Acocks Green for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you need a mortgage the shortness of the lease will likely be a potential deal breaker. Discount the price by the anticipated lease extension will cost if not already taken into account. If the current owner has owned the property for a minimum of twenty four months you may ask them to commence the lease extension formalities and pass it to you. You can add 90 years to the current lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.
My husband and I are first time buyers - had an offer accepted, but the estate agent told us that the vendor will only issue a contract if we use their recommended conveyancers as they need an ‘expedited deal’. My instinct tells me that we should use a local solicitor with experience of conveyancing in Acocks Green
It is improbable the vendors are driving this. If they desire ‘a quick sale', taking such a hostile approach to a genuine purchaser is going to damage their objectives. Contact the sellers directly and make sure they understand (a)you are keen to buy (b)you are excited to move forward, with mortgage lined up © you are unencumbered (d) you wish to move quickly (e)however you are going to use your preferred Acocks Green conveyancing firm - not the ones that will give their estate agent a commission or hit his conveyancing thresholds set by HQ.
I am a negotiator for a reputable estate agent office in Acocks Green where we have witnessed a number of flat sales jeopardised due to leases having less than 80 years remaining. I have received inconsistent advice from local Acocks Green conveyancing firms. Please can you shed some light as to whether the vendor of a flat can instigate the lease extension process for the purchaser on completion of the sale?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to commence the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser can avoid having to wait 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done before, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to extend the lease informally by agreement with the landlord either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the buyer.
Acocks Green Conveyancing for Leasehold Flats - Examples of Questions you should consider before buying
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Please tell me if there are any major works in the planning that will likely add a premium to the service costs? This information is useful as a) areas may cause problems for the block as the common areas may begin to deteriorate if maintenance remain unpaid b) if the leasehold owners have an issue with the running of the building you will need to know about it The prefered form of lease arrangement is a share of the freehold. In this scenario the leaseholders have being in charge if their destiny and even though a managing agent is usually retained where the building is larger than a house conversion, the managing agent acts for the leaseholders themselves.