It is is a decade since I purchased my house in Corfe Mullen. Conveyancing solicitors have now been retained on the sale but I can't find the title deeds. Is this a problem?
Don’t worry too much. First there is a chance that the deeds will be with your mortgage company or they may be in the possession of the solicitor who oversaw your purchase. Secondly the chances are that the land 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 current official copies of the land registers. Almost all conveyancing in Corfe Mullen relates to registered property but in the unlikely event that your property is not registered it is more problematic but is resolvable.
I have recentlybecome aware that Wolstenholmes have closed. They carried out my conveyancing in Corfe Mullen for a purchase of a leasehold apartment 10 months ago. How can I establish that my home is not still registered in the name of the former proprietor?
The easiest method to check if the property is registered to you, you can make 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 Corfe Mullen conveyancing specialists.
I'm buying my first flat in Corfe Mullen with a loan from Halifax. The sellers would not move on the amount so I negotiated 6k of extras instead. The estate agent told me not disclose to my solicitor about this deal as it may put at risk my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
Due to the advice of my in-laws I had a survey completed on a property in Corfe Mullen ahead of retaining solicitors. I have been informed that there is a flying freehold aspect to the property. My surveyor has said that some lenders tend not give a loan on this type of premises.
It varies from the lender to lender. HSBC has different instructions from Birmingham Midshires. Should you wish to telephone us we can look into this further via the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Corfe Mullen. Conveyancing may be slightly more expensive based on your lender's requirements.
I am looking to sell my home. My past lawyers have shut. I would be grateful for any recommendation of a conveyancing firm. I happen to live in Corfe Mullen if that makes a difference.
You should use our search tool to help you choose a solicitor for your conveyancing in Corfe Mullen. We have connected thousands of home buyers and sellers with regulated solicitors to ensure that the legalities of their house move runs smoothly.
I am attracted to a two maisonettes in Corfe Mullen both have in the region of fifty years left on the leases. Will this present a problem?
There are plenty of short leases in Corfe Mullen. The lease is a legal document that entitles you to use the property for a period of time. As a lease gets shorter the saleability of the lease decreases and results in it becoming more costly to acquire a lease extension. This is why it is generally wise to increase the term of the lease. It is often difficult to sell a property with a short lease as mortgage lenders less inclined to grant a loan on properties of this type. Lease extension can be a protracted process. We recommend you seek professional help from a solicitor and surveyor with experience in this arena.
I purchased a 2 bed flat in Corfe Mullen, conveyancing formalities finalised 3 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Corfe Mullen with an extended lease are worth £197,000. The ground rent is £55 yearly. The lease finishes on 21st October 2080
With just 55 years unexpired we estimate the price of your lease extension to be between £31,400 and £36,200 as well as professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply a more accurate figure without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first seeking the advice of a professional.