I decided to go with a high street lawyer for our conveyancing in Bookham last week. Reviewing the Terms and Conditions I notewe are responsible for costs even if the movedoes not happen. Would I be best advised to select an internet conveyancing brokerage promising no completion no charge conveyancing in Bookham?
Generally there is a concession along the lines that if "No Sale No Fee" is offered then the conveyancing charges will generally be more expensive to offset the cases that fail to complete. You should be mindful that these promotions rarely cover expenditure by way of example Bookham conveyancing search expenses.
Can the conveyancing lawyers that you recommend execute attended exchange conveyancing in Bookham?
We do have a number of conveyancing specialists carrying out one day exchanges. Please call us to receive a conveyancing quote and details as to availability.
Can I use your services to recommend a Conveyancing solicitor in Bookham even where I’m not buying or selling a house, for example if I intend to buy a shop in Bookham with a mortgage from Barnsley Building Society?
Our comparison service is mainly used to find residential conveyancing solicitors in Bookham but we have set out at the bottom of this page some Bookham commercial conveyancing firms. You will need to speak with the solicitors directly to establish if they can also act for Barnsley Building Society
I need to appoint a conveyancing solicitor for residential conveyancing in Bookham. I happened to discover a web site which appears to be the perfect solution If there is a chance to get all the legals completed via web that would be preferable. Should I be wary? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I work for a reputable estate agency in Bookham where we have experienced a number of leasehold sales put at risk as a result of short leases. I have received conflicting advice from local Bookham conveyancing firms. Please can you shed some light as to whether the seller of a flat can initiate the lease extension formalities for the buyer?
As long as the seller has been the owner for at least 2 years it is possible, to serve a Section 42 notice to kick-start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment has to be done prior to, or simultaneously with completion of the sale.
An alternative approach is to agree the lease extension with the freeholder 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.
I invested in buying a garden flat in Bookham, conveyancing having been completed in 1998. Can you give me give me an indication of the likely cost of a lease extension? Similar flats in Bookham with an extended lease are worth £227,000. The ground rent is £50 invoiced every year. The lease expires on 21st October 2096
You have 72 years remaining on your lease we estimate the premium for your lease extension to be between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to advice on 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 are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before getting professional advice.