My Burton upon Trent lawyer has uncovered a discrepancy when comparing the information in the home valuation report and what is revealed within the legal papers for the property. My solicitor informs me that he needs to ensure that the bank is happy with this discrepancy and is still content to lend. Is my solicitor’s course or action right?
Your property lawyer must comply with the UK Finance Lenders’ Handbook requirements which do require that your lawyer disclose any incorrect assumptions in the lender’s valuation report and the legal papers. Should you refuse to allow your lawyer to make the appropriate notification then your lawyer will have no choice but to discontinue acting for you.
I purchased a semi-detached Victorian house in Burton upon Trent. Conveyancing practitioner acted for me and Barnsley Building Society. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold under the exact same property. I'd like to know for sure, how can I find out??
You should read 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 Burton upon Trent and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with your conveyancing solicitor who conducted the work.
I am buying a new build flat in Burton upon Trent. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a selection of leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Burton upon Trent
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The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Forfeiture - bankruptcy or liquidation must not apply under this provision. Please confirm the Lease plans are architect prepared.
I have been on the look out for a flat up to £245,000 and found one near me in Burton upon Trent I like with a park and transport links in the vicinity, however it only has 51 years on the lease. I can't really find anything else in Burton upon Trent 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 mortgage that many years will likely be a potential deal breaker. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for a minimum of 2 years you may request that they start the process of the extension and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer concerning this.
My business partner and I are hoping to take an assignment of a lease of a shop on a shopping parade. Can you recommend solicitors offering no-move-no fees for commercial conveyancing in Burton upon Trent for under £1,200?
We can recommend firms who have specialist knowledge of commercial conveyancing in Burton upon Trent, including the disposal and purchase of businesses as well as simply premises. If you are intending to purchase or lease a shop, pub, restaurant, office, retail premises or a whole business we will find you the right firm. As for the costs this will depend on the structure and complexity of the proposed transaction. Let us have your details or call so as to enable us to provide you with comprehensive commercial conveyancing quote.
I bought a house in Burton upon Trent last 20/1/2025 and to date it is still not recorded with HMLR. It is part of a new estate and my solicitor told me that it can take twelve months to complete the registration formalities. I have spoken with HM Land Registry directly and they have informed me the original application was cancelled due to questions not being addressed in time. Should I be concerned?
Contact your property lawyer - Where you are unsatisfied with the responses, enquire as to their firm’s complaints procedure and amplify your concerns to a Complaints Manager. Registrations for Burton upon Trent conveyancing are not known to be significantly delayed.