Just acquired a semi-detached house in Colerne , how long should it take for the Land Registry to register my ownership? My Colerne conveyancing solicitor has been painfully slow, so I want to be sure the registration is concluded.
As far as conveyancing in Colerne is concerned, registration is no faster or slower than the rest of the country. Rather than based on location, timescales can adjust depending on the party submitting the application, whether there are errors and whether the Land registry communicate with any 3rd persons or bodies. At present roughly three quarters of such applications are completed within two weeks but occasionally there can be extensive delays. Historically registration takes place after the buyer is living at the premises so an expedited registration is not typically an essential issue yet if it is urgent that the the registration takes place urgently then you or your solicitor must contact the land registry and explain the circumstances.
I opted to have a survey completed on a property in Colerne ahead of retaining solicitors. I have been told that there is a flying freehold element to the property. The surveyor has said that some banks may refuse to give a loan on this type of property.
It depends who your proposed lender is. HSBC has different requirements for example to Birmingham Midshires. If you contact us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Colerne. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking into buying my first house which is in Colerne and I am already nervous. I couldn't find anything specific about Colerne. Conveyancing will be needed in due course but do you know about the Colerne area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Colerne. In the meantime here are some basic statistics that we found
I need to find a conveyancing solicitor for my conveyancing in Colerne. I happened to discover a site which appears to be the ideal answer If it is possible to get all the legals completed via phone that would be ideal. Do I need to be wary? 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?
Frank (my husband) and I may need to sub-let our Colerne basement flat for a while due to taking a sabbatical. We instructed a Colerne conveyancing firm in 2004 but they have closed and we did not have the foresight to seek any guidance as to whether the lease allows us to sublet. How do we find out?
Your lease governs the relationship between the landlord and you the flat owner; in particular, it will set out if subletting is prohibited, or permitted but only subject to certain conditions. The rule is that if the lease contains no expres ban or restriction, subletting is allowed. Most leases in Colerne do not contain subletting altogether – such a clause would adversely affect the market value the property. In most cases there is a basic requirement that the owner notifies the freeholder, possibly sending a duplicate of the sublease.
Colerne Conveyancing for Leasehold Flats - A selection of Queries before Purchasing
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What is the name of the managing agents? Is there a share of the freehold? How many of the leaseholders are in arrears for their service charge payments?
We have AIP from Godiva Mortgages Ltd who suggested that they will lend up to £300k. At what point do we need to instruct a lawyer for conveyancing? Colerne is where we plan to move to.
You can appoint a conveyancing practitioner now and ask them to create a file for you. This will enable: 1) the estate agent to issue a Sales Memorandum to all parties 2) the seller’s lawyer to submit the draft paperwork. However, do not ask your conveyancing practitioner to order searches until you have your valuation report from Godiva Mortgages Ltd and you are content to proceed.