Can the conveyancing practitioners that are recommend conduct auction conveyancing in County Durham?
We know of a number of niche lawyers we can connect you with those who can conduct auction conveyancing. County Durham is one of hundreds of locations where our lawyers are based.
My brother-in-law has suggested I instruct a conveyancing solicitor in County Durham. I I am struggling to find out whether they are accepted on the Lloyds TSB Bank conveyancing panel. Could you assist?
You should e-mail the solicitor and enquire whether they can act for the bank. Otherwise you can call Lloyds TSB Bank who may be able to help.
four months have elapsed since my purchase conveyancing in County Durham concluded. I have checked the Land Registry site 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 premises 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.
The estate agent has sent us the confirmation of our purchase of a new build flat in County Durham. Conveyancing is necessary evil 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.
Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in County Durham
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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? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please confirm the Lease plans are architect prepared.
Yesterday I discovered that there is a flying freehold element on a house I have offered on a fortnight ago in what should have been a simple, no chain conveyancing. County Durham is the location of the property. Can you offer any guidance?
Flying freeholds in County Durham are not the norm but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside County Durham you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in County Durham 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 premises.
Jane (my partner) and I may need to rent out our County Durham 1st floor flat temporarily due to a new job. We instructed a County Durham conveyancing practice in 2002 but they have closed and we did not have the foresight to seek any guidance as to whether the lease permits subletting. How do we find out?
Notwithstanding that your previous County Durham conveyancing lawyer is not available you can check your lease to check if it allows you to sublet the premises. The rule is that if the deeds are non-specific, subletting is allowed. There may be a precondition that you are obliged to seek permission from your landlord or some other party prior to subletting. The net result is you not allowed to sublet without prior consent. The consent must not not be unreasonably turned down. If the lease prohibits you from letting out the property you will need to ask your landlord for their consent.
I am the registered owner of a basement flat in County Durham, conveyancing was carried out 8 years ago. Can you please calculate a probable premium for a statutory lease extension? Comparable properties in County Durham with a long lease are worth £222,000. The ground rent is £50 levied per year. The lease comes to an end on 21st October 2096
With just 71 years remaining on your lease we estimate the price of your lease extension to span between £9,500 and £11,000 as well as professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.