We see that you have a post code search directory listing solicitors on the Yorkshire BS conveyancing panel. Do companies pay you a commission if I appoint them for our own conveyancing in Iver?
We are a listing service only for law firms wishing to communicate if they are on the Yorkshire BS conveyancing panel or other lender panels. We do not charge referral fees to any conveyancer that you subsequently appoint for your conveyancing in Iver.
How does conveyancing in Iver differ for new build properties?
Most buyers of new build property in Iver contact us having been asked by the housebuilder to exchange contracts and commit to the purchase even before the premises is ready to move into. This is because house builders in Iver usually acquire the site, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Iver or who has acted in the same development.
Over the last few months I have been searching for a ground for flat up to £195,000 and identified one near me in Iver I like with a park and station in the vicinity, the downside is that it only has 49 remaining years left on the lease. There is not much else in Iver for this price, so just wondered if I would be making a grave error acquiring a short lease?
Should you need a mortgage the remaining unexpired lease term may be problematic. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you can request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease term with a zero ground rent applied. You should consult your conveyancing solicitor about this matter.
I was pointed in your direction by two or three local selling agents in Iver to choose a conveyancer using your seach tool. What’s the financial upside for Estate Agents to market your site rather than alternative conveyancing organisations?
We don’t make any financial incentive for sending work to this site. We found it would be just too difficult to pay a commission because home movers will think, ‘Why is the agent getting a kickback? Why am I not receiving any benefit too?’ So we decided to step away from that.
Due to sign contracts shortly on a studio apartment in Iver. Conveyancing solicitors have said that they will have a report out to me tomorrow. What should I be looking out for?
The report on title for your leasehold conveyancing in Iver should include some of the following:
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You would want to be sent a copy of the lease The physical extent of the property. This may be the flat itself but may incorporate a roof area or storage are if applicable. Repair and maintenance of the flat Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? It needs to be made clear to you whether the lease permits you to alter or upgrade aspects of the premises- you should know whether any restrictions relates to all alterations or limited to structural alteration, and whether consent is mandated necessary
I have attempted and failed to negotiate with my landlord to extend my lease without success. Can one make an application to the Leasehold Valuation Tribunal? Can you recommend a Iver conveyancing firm to assist?
in cases where there is a absentee landlord or if there is disagreement about what the lease extension should cost, under the relevant statutes it is possible to make an application to the Leasehold Valuation Tribunal to make a decision on the sum to be paid.
An example of a Freehold Enfranchisement matter before the tribunal for a Iver property is 164 Nestles Avenue in October 2013. The tribunal agreed with the proposed price of £20,158 for the freehold and determined that that sum is the amount to be paid into court This case was in relation to 2 flats. The number of years remaining on the existing lease(s) was 69 years.