Can the conveyancing solicitors that you recommend carry out auction conveyancing in Dickens Heath?

There are a few auction solicitors we can put you in touch with those conducting auction conveyancing. Dickens Heath is one of hundreds of locations where our lawyers have offices.

What is the first thing I need to know concerning purchase conveyancing in Dickens Heath?

You may not hear this from too many lawyers but conveyancing in Dickens Heath or throughout Birmingham is an adversarial experience. Put another way, when it comes to conveyancing there exists plenty of opportunity for confrontation between you and other parties involved in the home moving process. For example, the seller, property agent and sometimes the bank. Choosing a solicitor for your conveyancing in Dickens Heath an important selection as your conveyancer is your adviser, and is the SOLE person in the transaction whose responsibility is to act in your best interests and to protect you.

There is a distinct ongoing adversarial element to conveyancing- someone must be blamed for the process being so protracted. You your first instinct should be to trust your lawyer above the other parties when it comes to the legal transfer of property.

About to purchase a new build flat in Dickens Heath. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.

Set out below are examples of a few leasehold new build questions that you should expect your new-build leasehold conveyancing in Dickens Heath

Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision. There must be mutual enforceability of lessee’s covenants. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.

Should I appoint a Dickens Heath conveyancing solicitor in close proximity to the house I am purchasing? I have an old university friend who can conduct the legal formalities however they are based 200miles drive away.

The primary upside of using a local Dickens Heath conveyancing firm is that you can visit the firm to execute documents, hand in your identification documents and apply pressure on them where appropriate. Having local Dickens Heath know how is a benefit. That being said it's more important to get someone that will do a good and efficient job. If you know people who instructed your friend and in the main were happy that must outweigh using an unknown Dickens Heath conveyancing lawyer just because they are local.

I am looking at a two apartments in Dickens Heath both have in the region of fifty years remaining on the leases. Should I regard a short lease as a deal breaker?

There is no doubt about it. A leasehold flat in Dickens Heath is a wasting asset as a result of the reducing lease term. The closer the lease gets to zero years unexpired, the more it adversely affects the value of the premises. The majority of purchasers and mortgage companies, leases with under 75 years become less and less attractive. On a more upbeat note, leaseholders can extend their leases by serving a Section 42 Notice. One stipulation is that they must have owned the premises for two years (unlike a Section 13 notice for purchasing the freehold, when leaseholders can participate from day one of ownership). When successful, they will have the right to an extension of 90 years to the current term and ground rent is effectively reduced to zero. Before moving forward with a purchase of premises with a short lease term remaining you should talk to a solicitor specialising in lease extensions and leasehold enfranchisement. We are are happy to put you in touch with Dickens Heath conveyancing experts who will explain the options available to you during an initial telephone conversation free of charge. More often than not it is possible to negotiate informally with the freeholder to extend the lease. You may find he or she is happy to negotiate informally and willing to consider your offer straight off, without having to involve anyone else. This will save you time and money and it could help you reach a lower price on the lease. You need to ensure that the agreed terms represent good long-term value compared with the standard benefits of the Section 42 Notice and that onerous clauses are not inserted into any redrafting of the lease.

I own a basement flat in Dickens Heath, conveyancing having been completed in 1995. Can you work out an approximate cost of a lease extension? Corresponding properties in Dickens Heath with over 90 years remaining are worth £185,000. The ground rent is £65 charged once a year. The lease ceases on 21st October 2086

You have 60 years unexpired we estimate the price of your lease extension to range between £20,000 and £23,000 as well as professional fees.

The figure that we have given is a general guide to costs for renewing a lease, but we are not able to provide the actual costs in the absence of detailed investigations. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.