Can I be sure that the Bourton on the Water conveyancing solicitor on the Yorkshire BS panel is any good?
When it comes to conveyancing in Bourton on the Water obtaining recommendations is a sensible start. Before you go ahead, check if they offer a no sale no fee offer. Also, you often get what you pay for - a firm which quotes more, will often provide a better service than one which is cheap as chips. We would always suggest that you speak with the solicitor handling your transaction.
We are getting the release of further monies on our mortgage from RBS as we want to conduct a loft conversion to our home in Bourton on the Water. Are we obliged to choose a local Bourton on the Water solicitor on the RBS conveyancing panel to deal with the legals?
RBS would not normally require a member of their conveyancing panel to deal with such a matter. If they do require any legal work then you would need to ensure that such a lawyer was on the RBS conveyancing panel.
I have today made my last payment due on my mortgage with Kent Reliance. I assume I don't need a Bourton on the Water property lawyer on the Kent Reliance panel to remove the mortgage at the Land Registry. Please confirm.
If you have finished paying off your Kent Reliance mortgage, they may send you evidence showing that you have paid it off. Alternatively they may notify the Land Registry directly. The Land Registry need to see this evidence before they will remove the Kent Reliance mortgage from the register. Kent Reliance, and any evidence they send you, will determine the action you need to take. In cases where no conveyancer is acting for you and you have paid off your mortgage:
- but are not moving to another property
- where Kent Reliance has sent the Land Registry the discharge electronically, and
- Kent Reliance has instructed the Land Registry to do so
My wife and I have a 4 bedroom Georgian property in Bourton on the Water. Conveyancing lawyer represented me and Santander. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold with the matching property. Is it worth asking Santander to clarify?
You should review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Bourton on the Water and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with buyers. You can also check the position with the conveyancing solicitor who conducted the purchase.
Over the last few months I have been searching for a leasehold apartment up to £305k and identified one round the corner in Bourton on the Water I like with amenity areas and transport links in the vicinity, the downside is that it only has 52 years on the lease. I can't really find anything else in Bourton on the Water for this price, so just wondered if I would be making a grave error buying a lease with such few years left?
If you need a home loan the remaining unexpired lease term will likely be an issue. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least twenty four months you can request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this.
What does commercial conveyancing in Bourton on the Water cover?
Commercial conveyancing in Bourton on the Water covers a wide array of services, offered by qualified solicitors, relating to business premises. For example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the transfer of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
In scouring the world wide web for the term on line conveyancing in Bourton on the Water it reveals numerous property lawyersin the vicinity. With so much choice what is the best way to find the right solicitor for purchase transaction?
The ideal method of seeking a suitable conveyancer is via trusted testimonial, so ask colleagues and those you trust who have purchased a property in Bourton on the Water or a local estate agent or mortgage broker. Charges for conveyancing in Bourton on the Water vary, so it's a good idea to obtain a minimum of four quotes from different conveyancers. Make sure that you clarify that the charges are assured not to increase.
I am in need of some leasehold conveyancing in Bourton on the Water. Before I get started I require certainty as to the number of years remaining on the lease.
If the lease is recorded at the land registry - and almost all are in Bourton on the Water - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Bourton on the Water Leasehold Conveyancing - Examples of Questions you should ask before buying
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The best form of lease arrangement is a share of the freehold. In this scenario the tenants have being in charge if their destiny and although a managing agent is usually employed if it is larger than a house conversion, the managing agent is directed by the tenants. Please note that where the lease has no more than 80 years it will have adverse implications on the value of the apartment. It is worth checking with your bank that they are willing to go ahead with the loan given the lease term. A short lease means that you will probably have to extend the lease at some point and it is worth discovering what this would cost. Remember, in most cases you would need to own the premises for a couple of years before you are eligible to extend the lease. The answer will be useful as a) areas may result in problems for the block as the common areas may start to deteriorate where repairs are not paid for b) if the leasehold owners have an issue with the running of the building you will wish to know about it