AssumingI were to buy a freehold propertyin Lickey End for cash and have no survey and no conveyancing searches how much would I expect to have to pay for conveyancing in Lickey End?
The only saving you would make on is the Lickey End conveyancing searches. The conveyancing practitioner is required to do the vast majority of work - money laundering, liaising with the vendors conveyancing practitioner, stamp duty return, register the title etc. You might save a bit for them not needing to register a mortgage but it won't be significant.
We are downsizing from our property in Lickey End and according to the buyers it appears that there is a possibility that the property was constructed on contaminated land. A local conveyancer would know that there is no such problem. It does beg the question why the buyers are using a factory type conveyancing practice rather than a conveyancing solicitor in Lickey End. Having lived in Lickey End for 5 years we know that this is a non issue. Do we get in touch with our local Authority to obtain confirmation that there is no issue.
It would appear that you have a conveyancing solicitor currently acting for you. Are they able to advise? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same ailment)
How does conveyancing in Lickey End differ for newly converted properties?
Most buyers of new build or newly converted property in Lickey End come to us having been asked by the builder to exchange contracts and commit to the purchase even before the property is built. This is because new home sellers in Lickey End typically buy 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 conveyancers 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 Lickey End or who has acted in the same development.
What does commercial conveyancing in Lickey End cover?
Non domestic conveyancing in Lickey End incorporates a broad array of guidance, offered by regulated solicitors, relating to business premises. For example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more usually, the transfer of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of tenancies.
I am hoping to complete next month on a garden flat in Lickey End. Conveyancing lawyers have said that they will have a report out to me within the next couple of days. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Lickey End should include some of the following:
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The physical extent of the demise. This will be the property itself but could also incorporate a attic or storage are if appropriate. Whether the landlord has obligations to ensure rights of quiet enjoyment over your premises and do you know what it means in practice? The landlord’s rights to access the property. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. if lease has a provision for a slush fund? specifics of the parties to the lease, for example these could be the tennant, head lessor, freeholder
Leasehold Conveyancing in Lickey End - Sample of Queries Prior to buying
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Who manages the building? On the whole the cost for major works tend not to be included within service charges, although some managing agents in Lickey End require leasehold owners to pay into a reserve fund created for the specific purpose of establishing a fund for larger works. Does the lease include onerous restrictions?