Choosing Your Advisors

Choosing Your Advisers:

 

You need to prioritise not just on the cost of advice alone.

 

Either Solicitors or Surveyors:

 

You should firstly consider their:

 

1.             Knowledge of the law.

2.             Experience of litigation particularly at LVT.

3.             Area of expertise – geographical as well as the legislation.

4.             Experience of dealing with your landlord – particularly if this is one of the

                Central London estates or private landlords, such as Freshwater.

 

For Solicitors:

 

You should also consider their:

 

1.             Knowledge of Company Law and Participation Agreements.

2.             Ability to grant new leases; deal with the Notices; and any applications

                 required.

 

For Surveyors:

 

You should consider:

 

1.             Are they a specialist?

2.             Are they prepared to offer an initial consultation without charge?

3.             Are they able to work to your timescales?

4.             What service do they offer? – for example a desktop valuation advice or

                formal advice by way of inspection and valuation only?

 

In relation to the surveyor, dependent on your circumstance, your needs will be different.  If you are selling – maybe all you need is an indication of price (this is known as a desktop valuation).  If you are definitely proceeding then you should obtain a formal valuation.  That advice should provide you with a range of values to allow for the best and worst case scenarios.  Always budget on the worst case scenario.