Can your site be used to find a Conveyancing solicitor in Tokyngton even where I’m not purchasing or disposing of a house, for example if I wish to buy an office in Tokyngton with a loan from Virgin Money?
The service is primarily utilised to help choose domestic conveyancing solicitors in Tokyngton but we have set out at the end of this page a selection of Tokyngton commercial conveyancing firms. You will need to speak with the firm directly to establish if they can also act for Virgin Money
A colleague recommended that where I am purchasing in Tokyngton I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes quoted for as part of the standard Tokyngton conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about Tokyngton around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime details, Tokyngton Education with plans and statistics, Local Amenities and other useful information concerning Tokyngton.
How does conveyancing in Tokyngton differ for new build properties?
Most buyers of new build or newly converted property in Tokyngton come to us having been asked by the developer to exchange contracts and commit to the purchase even before the residence is ready to move into. This is because house builders in Tokyngton usually buy the real estate, 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 used to new build conveyancing in Tokyngton or who has acted in the same development.
I am looking for a ground for flat up to £245,000 and identified one round the corner in Tokyngton I like with amenity areas and station in the vicinity, the downside is that it only has 52 years unexpired on the lease. There is not much else in Tokyngton in this price bracket, so just wondered if I would be making a grave error purchasing a lease with such few years left?
Should you require a mortgage the remaining unexpired lease term may be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the property for at least 2 years you can request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should speak to your conveyancing solicitor about this matter.
I was informed by my lender that their panel conveyancers operate no move no charge basis for conveyancing in Tokyngton. I had a purchase fall through yet the lawyers have requested search fees! They say the fees are seperate!
By offering "no sale no fee" Tokyngton conveyancing firms are foregoing their charges for any work carried out. We must stress this is not to be regarded as an insurance scheme. you will still be expected to reimburse any costs that the solicitor has incurred for you such as Tokyngton local authority checks