I had intended to instruct a property lawyer in Stockbridge Village for our home move. Our financial adviser has since notified us that our bank Nationwide Building Society won't deal with them. Surely this is unduly restrictive?
A mortgage company may direct that an approved conveyancer act for it. You would be liable to bear the charges for this. Please make use of our search facility to locate a solicitor to conduct conveyancing in Stockbridge Village on the Nationwide Building Society conveyancing panel.
We are planning on selling our property in Stockbridge Village and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. Any high street Stockbridge Village conveyancer would know that there is no such problem. It does beg the question why the purchasers used a national conveyancing practice rather than a conveyancing solicitor in Stockbridge Village. We have lived in Stockbridge Village for six years we know that this is a non issue. Do we contact our local Authority to seek clarification that the buyers are looking for.
It would appear that you have a conveyancing firm already. Are they able to advise? You should 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 sickness)
How does conveyancing in Stockbridge Village differ for new build properties?
Most buyers of new build or newly converted property in Stockbridge Village come to us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is constructed. This is because developers in Stockbridge Village usually purchase 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 Stockbridge Village or who has acted in the same development.
I have recently realised that I have 68 years unexpired on my lease in Stockbridge Village. I need to get lease extension but my freeholder is absent. What are my options?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be extended by the Court. You will be obliged to prove that you have used your best endeavours to find the landlord. On the whole an enquiry agent should be helpful to try and locate and prepare a report which can be used as proof that the freeholder can not be located. It is wise to seek advice from a property lawyer in relation to proving the landlord’s absence and the vesting order request to the County Court covering Stockbridge Village.
Stockbridge Village Conveyancing for Leasehold Flats - Sample of Queries Prior to Purchasing
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Its a good idea to find out as much as you can concerning the managing agents as they will either make life much easier or uncomfortable. As the owner of a leasehold property you are often at the mercy of the managing agents from a financial perspective and when it comes to practical matters like the cleanliness of the common parts. Ask other tenants what they think of them. In conclusion, investigate as to the dates that the service fees are due to the relevant party and precisely what you get for your money. Plenty Stockbridge Village leasehold flats will be liable to pay a service bill for the upkeep of the building invoiced by the landlord. If you purchase the flat you will have to pay this contribution, normally periodically throughout the year. This may vary from two or three hundred pounds to thousands of pounds for large purpose-built blocks. There will also be a ground rent for you to pay annual, this is usually not a exorbitant figure, say approximately £25-£75 but you need to check as on occasion it could be surprisingly expensive. What restrictions exist in the Stockbridge Village Lease?
Can a conveyancer remove a name from the title of my property in Stockbridge Village ?
Removing or adding someone to the title of your property is relatively straightforward. You’ll need to appoint a lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a conveyancing practitioner