It is is a decade since I bought my house in Chesterfield. Conveyancing solicitors have now been instructed on the sale but I can't find the deeds. Is this a problem?
You need not be too concerned. Firstly the deeds may be retained by your mortgage company or they could still be with the lawyers who acted in the purchase. Secondly in all probability the title will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers acquiring up to date copy of the land registers. Most conveyancing in Chesterfield relates to registered property but in the rare situation where your home is unregistered it adds to the complexity but is not insurmountable.
We are expecting a mortgage offer soon. The bank mentioned the loan came with free conveyancing. Does this mean I have to use their panel conveyancer as I would prefer to use a local conveyancing solicitor in Chesterfield?
You should check but the chances are that appoint one of their panel conveyancers where you take up the "fee-free" deal. Contact the bank and explore if they allow a monetary alternative. It is not unheard for a lender to give a £250 cashback as a further option in which case you could put that amount towards your preferred conveyancing solicitor in Chesterfield.
I have recentlybecome aware that Wolstenholmes have been shut down. They conducted my conveyancing in Chesterfield for a purchase of a leasehold apartment 10 months ago. How can I establish that my home is in my name in the name of the previous owner?
The quickest method to see if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Chesterfield conveyancing specialists.
Yesterday I discovered that there is a flying freehold issue on a house I put an offer in two weeks back in what was supposed to be a simple, no chain conveyancing. Chesterfield is the location of the property. What do you suggest?
Flying freeholds in Chesterfield are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Chesterfield you must be sure that your lawyer goes through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chesterfield may ascertain 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 Chesterfield. Conveyancing and TSB mortgage are in place. A letter has just been received from someone saying they have taken over the reversionary interest in the property. Attached was a ground rent demand for rent dating back to 1996. The conveyancing practitioner in Chesterfield who previously acted has long since retired. What should I do?
First contact HMLR to make sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to instruct a Chesterfield conveyancing firm to do this as it can be done on-line for a few pound. Rest assured that in any event, 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 ground floor flat in Chesterfield, conveyancing having been completed July 2002. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Chesterfield with a long lease are worth £227,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease finishes on 21st October 2096
With 71 years left to run we estimate the price of your lease extension to be between £9,500 and £11,000 plus costs.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first seeking the advice of a professional.
I am looking to buy a property and need a conveyancing solicitor in Chesterfield who is on the mortgage company conveyancing panel. Could you point me in the right direction as regards a Chesterfield solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the mortgage company who do conveyancing in Chesterfield. We dont recommend any particular conveyancing practice.