It is is a decade since I purchased my home in Allenton. Conveyancing lawyers have now been retained on the sale but I can't find the deeds. Is this a problem?
You need not be too concerned. First the deeds may be kept by the lender or they could be in the possession of the lawyers who oversaw the purchase. Secondly in most cases the land will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors procuring current official copies of the land registers. Nearly all conveyancing in Allenton relates to registered property but in the rare situation where your property is unregistered it is more tricky but is resolvable.
Are there restrictive covenants that are commonly identified as part of conveyancing in Allenton?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Allenton. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in last month in what should have been a quick, no chain conveyancing. Allenton is where the house is located. Can you offer any assistance?
Flying freeholds in Allenton are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Allenton you must be sure that your lawyer goes through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Allenton may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I need to retain a conveyancing solicitor for some conveyancing in Allenton. I happened to land on a site which appears to be the perfect answer If it is possible to get all the legals completed via phone that would be ideal. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
What advice can you give us when it comes to finding a Allenton conveyancing practice to carry out our lease extension conveyancing?
When appointing a conveyancer for your lease extension (regardless if they are a Allenton conveyancing firm) it is most important that he or she should be familiar with the legislation and specialises in this area of conveyancing. We recommend that you talk with two or three firms including non Allenton conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be useful:
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What volume of lease extensions has the firm carried out in Allenton in the last 12 months? If they are not ALEP accredited then what is the reason?
I inherited a 1 bedroom flat in Allenton, conveyancing was carried out half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Comparable flats in Allenton with a long lease are worth £260,000. The average or mid-range amount of ground rent is £45 yearly. The lease finishes on 21st October 2099
You have 74 years remaining on your lease the likely cost is going to span between £8,600 and £9,800 as well as professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first getting professional advice.
I am looking to buy a property and require a conveyancing solicitor in Allenton who is on the mortgage company solicitor panel. Can you recommend a Allenton or local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the bank who conduct conveyancing in Allenton. We dont recommend any particular firm.