Finally, a loan offer from Nationwide for the remortgage of my 2 room maisonette is coming any day now. Are you able to recommend a low cost conveyancing practitioner in Highworth?
You are on the wrong site if you are seeking a cheap conveyancing in Highworth. Our aim is to provide cost effective conveyancing but our intention is not to advertise as being the cheapest. Avoid the trap of appointing companies teasing you with low cost conveyancing in Highworth. Optimistically, in choosing a lawyer for cheap conveyancing, you will earn what you pay for and at worst it will result in you being stung for extras and still not get the service expected.
My uncle pointed out to me me that in buying a property in Highworth there could be a number of restrictions affecting the ability to carry out external alterations to a property. Is this right?
We are aware of a number of properties in Highworth which have some sort of restriction or requirement of consent to execute external alterations. Part of the conveyancing in Highworth should determine what restrictions are applicable and advising you as part of a ROT that should be sent to you.
Can I be sure that the Highworth conveyancing solicitor on the Santander panel is any good?
When it comes to conveyancing in Highworth obtaining recommendations is a sensible starting point. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one advertising the lowest fees. We would always advise that you speak with the lawyer carrying out your transaction.
I have decided to exercise my right to buy my property in Highworth off the council. I have a mortgage agreed with Coventry BS. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Coventry BS, you will need to appoint a solicitor on the Coventry BS conveyancing panel.
Do I need to take out insurance to address the risk of chancel repairs when buying a residence in Highworth?
Unless a previous purchase of the property completed after 12 October 2013 you may assume that conveyancing practitioners conducting conveyancing in Highworth to continue to suggest a chancel search and or insurance against a claim.
I am selling my property. My former solicitors have shut. It would be helpful to have a recommendation of a conveyancing firm. I happen to live in Highworth if that makes a difference.
Do use our search tool to help you choose a solicitor for your conveyancing in Highworth. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
Do you have any top tips for leasehold conveyancing in Highworth from the perspective of expediting the sale process?
- Much of the frustration in leasehold conveyancing in Highworth can be bypassed where you appoint lawyers the minute your agents start marketing the property and request that they start to collate the leasehold information which will be required by the buyers’ representatives. A minority of Highworth leases require Landlord’s consent to the sale and approval of the buyers. If this applies to your lease, you should place the estate agents on notice to make sure that the purchasers obtain financial (bank) and professional references. Any bank reference will need to confirm that the buyers are financially capable of paying the annual service charge and the actual amount of the service charge should be quoted in the bank’s letter. You will therefore need to provide your estate agents with the actual amount of the service charge so that they can pass this information on to the buyers or their solicitors. You may think that you are aware of the number of years left on your lease but it would be advisable verify this via your solicitors. A purchaser's conveyancer will be unlikely to recommend their client to to exchange contracts if the remaining number of years is less than 75 years. It is therefore important at an early stage that you identify whether the lease term requires a lease extension. If it does, contact your solicitors before you put your premises on the market for sale. If you have had conflict with your landlord or managing agents it is essential that these are settled prior to the flat being put on the market. The buyers and their solicitors will be concerned about purchasing a property where a dispute is unresolved. You may need to swallow your pride and discharge any arrears of service charge or resolve the dispute prior to completion of the sale. It is therefore preferable to have any dispute settled prior to the contract papers being issued to the buyers’ solicitors. You are still duty bound to disclose details of the dispute to the purchasers, but it is clearly preferable to present the dispute as historic as opposed to unresolved. Many freeholders or Management Companies in Highworth levy fees for supplying management packs for a leasehold premises. You or your lawyers should find out the actual amount of the charges. The management information can be applied for as soon as you have a buyer, thus accelerating the process. The typical amount of time it takes to obtain the necessary information is three weeks. It is the most usual reason for delay in leasehold conveyancing in Highworth.
I bought a split level flat in Highworth, conveyancing having been completed June 2001. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Highworth with a long lease are worth £216,000. The ground rent is £50 levied per year. The lease comes to an end on 21st October 2094
You have 69 years unexpired we estimate the price of your lease extension to span between £9,500 and £11,000 as well as professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more detailed due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.