I have given 2 months notice to my current landlord and have to vacate my let out flat in Brantham by the end of next month. Conveyancing for my house purchase is underway. How realistic is it to complete in a couple of weeks as don't want to have to move into temporary accommodation?
The normal practice is not to provide notice for your lease unless exchange of contracts has taken place. Assuming that you have not previously done so, update to your lawyer and ask them to they apply pressure on the owners side, try to a target completion date that everyone will work to achieve
It is is a decade since I acquired my house in Brantham. Conveyancing lawyers have now been appointed on the sale but I can't track down my deeds. Will this cause complications?
You need not be too concerned. First the deeds may be kept by your mortgage company or they could be archived with the solicitor who acted in your purchase. Secondly the chances are that the land will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors obtaining up to date copy of the land registers. Nearly all conveyancing in Brantham relates to registered property but in the unlikely event that your home is not registered it is more problematic but is resolvable.
What will a local search inform me regarding the property I am purchasing in Brantham?
Brantham conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search company such as PSG The local search is essential in every Brantham conveyancing purchase; that is if you wish to avoid any nasty once you have moved into your new home. The search should provide data on, amongst other things, details on planning applications applicable to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen subject areas.
It has been five months following my purchase conveyancing in Brantham took place. I have checked the Land Registry website which shows that I paid £175,000 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 property 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.
Yesterday I discovered that there is a flying freehold element on a house I put an offer in a fortnight ago in what should have been a straight forward, chain free conveyancing. Brantham is the location of the property. Is there any advice you can impart?
Flying freeholds in Brantham are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Brantham you must be sure that your lawyer goes through the deeds very carefully. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Brantham 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 residence.
My wife and I purchased a leasehold flat in Brantham. Conveyancing and Clydesdale mortgage are in place. I have received a letter from someone saying they have taken over the freehold. Attached was a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in Brantham who acted for me is not around. What should I do?
First make enquiries of HMLR to make sure that this person is indeed the new freeholder. You do not need to incur the fees of a Brantham conveyancing lawyer to do this as it can be done on-line for a few pound. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I invested in buying a garden flat in Brantham, conveyancing was carried out January 2010. Can you work out an approximate cost of a lease extension? Similar properties in Brantham with over 90 years remaining are worth £211,000. The average or mid-range amount of ground rent is £45 charged once a year. The lease runs out on 21st October 2093
With just 67 years unexpired we estimate the premium for your lease extension to span between £10,500 and £12,000 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of comprehensive investigations. Do not use this information in tribunal or court proceedings. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.