My partner’s brother is a conveyancing practitioner. I am hopeful that I will be offered preferential fee for conveyancing, However if that does not come through, what level of fees would I typically be looking at for conveyancing in Slough?
It’s prudent to look for multiple conveyancing estimates. Make use of our search tool on this page. Whilst charges do be different but the service one can expect differ between property lawyers as is true with the vast majority of professional services.
The Slough conveyancing lawyers that I appointed last week on my purchase in Slough have without warning shut down. I only went with them because I needed a solicitor on the HSBC conveyancing panel and my family Slough lawyer was not. I gave my credit card details for them to take £195 for searches. What should be my next steps?
If you have an estate agent involved then inform them immediately so that they can let the sellers know that there may be a slight delay due to the problems encountered. Hopefully they will be sympathetic and urge their lawyer to send a new set of papers to your new solicitors. You should appoint new lawyers that are on the HSBC conveyancing panel and notify the lender. If you have paid over any money, it will hopefully be held by the SRA as money in an intervened firm's bank accounts is transferred to the SRA. Then, the SRA or the intervention agent looks at the intervened firm's accounts to work out who the money belongs to. To claim your money you will need to contact the SRA. If the SRA cannot return money you are owed from the firm's bank accounts, or if they can only return part of the money, you can apply to the Compensation Fund for a grant. Your new lawyers should be in a position to assist.
I've recently found out that there is a flying freehold issue on a property I have offered on two weeks back in what was supposed to be a simple, chain free conveyancing. Slough is where the house is located. Can you offer any opinion?
Flying freeholds in Slough are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Slough you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Slough may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
In what way can the Landlord & Tenant Act 1954 impact my business offices in Slough and how can your lawyers assist?
The 1954 Act gives protection to business leaseholders, giving them the legal entitlement to make a request to court for a continuation of occupancy at the end of the lease term. There are certain specified grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing practices who use the act to your advantage and help with commercial conveyancing in Slough
I am in need of some leasehold conveyancing in Slough. Before I get started I want to be sure as to the number of years remaining on the lease.
If the lease is registered - and most are in Slough - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I acquired a ground floor flat in Slough, conveyancing having been completed March 2009. Can you give me give me an indication of the likely cost of a lease extension? Comparable flats in Slough with an extended lease are worth £192,000. The ground rent is £55 charged once a year. The lease comes to an end on 21st October 2078
You have 54 years unexpired the likely cost is going to be between £32,300 and £37,400 as well as professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to supply the actual costs without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information before seeking the advice of a professional.