I am purchasing a house and need a conveyancing solicitor in Wootton Bassett who is on the Clydesdale approved. Could you point me in the right direction as regards a solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Clydesdale in certain locations such as Wootton Bassett. We dont recommend any particular firm.
2 months have elapsed following my purchase conveyancing in Wootton Bassett completed. I have checked the Land Registry website which shows that I paid £150,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
I have been on the look out for a leasehold apartment up to £195,000 and identified one round the corner in Wootton Bassett I like with open areas and station in the vicinity, however it's only got 51 years unexpired on the lease. There is not much else in Wootton Bassett for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you require a mortgage the shortness of the lease will likely be problematic. Reduce the price by the amount the lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for a minimum of 2 years you can ask them to start the process of the extension and pass it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should speak to your conveyancing lawyer about this.
I am a sole trader intending to lease a unit on the high street. Can you recommend lawyers offering no-sale-no fees for commercial conveyancing in Wootton Bassett for under 1500k?
We are happy to recommend firms who host a wealth of experience of commercial conveyancing in Wootton Bassett, including the sale and purchase of businesses as well as simply premises. Whether you are intending to buy or sell a shop, pub, restaurant, office, retail unit or a complete business we will put you in touch with the right lawyer. Regarding the charges these will vary based on the structure and heads of terms of the deal. Please provide us with your contact information or phone us so that we can provide you with comprehensive commercial conveyancing quote.
Last May I purchased a leasehold flat in Wootton Bassett. Do I have any liability for service charges for periods before my ownership?
Where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. However, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
Wootton Bassett Conveyancing for Leasehold Flats - Examples of Queries before buying
-
What is the name of the managing agents? How much is the ground rent and service charge? Please inform me if there are any major works in the near future that could increase the service costs?