Would the conveyancing solicitors indexed on your site perform right to buy conveyancing in Culcheth?
We have identified a variety of conveyancing firms who can service right to buy transactions Do call the conveyancers listed with a view to obtain a costs calculation.
It is 10 years ago since I purchased my house in Culcheth. Conveyancing lawyers have just been instructed on the sale but I can't locate the title documents. Is this a major issue?
You need not be too concerned. First the deeds may be with your lender or they may stored with the lawyers who handled the purchase. Secondly in all probability the title will be registered 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. Almost all conveyancing in Culcheth relates to registered property but in the unlikely event that your property is unregistered it is more problematic but is resolvable.
Forgive me if this question is silly but I am wet behind the ears as a first time purchaser of a ground floor flat in Culcheth. Do I pick up the keys to the house on completion from my lawyer? If this is the case, I will instruct a local conveyancing solicitor in Culcheth?
There is no need to visit the lawyers office on the day of completion. Your solicitors will arrange to send the purchase money to the vendor’s lawyers, and shortly after the monies have arrived, you should be able to collect the keys from the property Agents and move into your new home. Usually this occurs between 1 and 3pm.
Are all Culcheth Conveyancing Quality Solicitors on the Virgin Money conveyancing list of approved solicitors?
A selection of lenders now use CQS as the kick off point for Panel approval such as HSBC and Santander. CQS accreditation however gives no guarantee to lender panel acceptance. That being said,the Council of Mortgage Lenders have indicated that it is likely to become a pre-requisite for firms wishing to join their panels.
I currently have a mortgage with Virgin Money for my property in Culcheth. Conveyancing has been completed a year ago. If I am intending to rent out the flat and do not currently have a buy-to-let mortgage do I need to remortgage to a buy-to-let mortgage or inform Virgin Money?
You must advise Virgin Money before letting out your property as this is likely to be a breach of Virgin Money’s mortgage conditions. In many cases banks or building societies will permit you to let out your former home without needing to switch to a buy-to-let mortgage but some lenders will add a surcharge to your mortgage rate to reflect the higher risk. You should contact Virgin Money directly. You need not do this via a Virgin Money conveyancing panel firm.
Are there restrictive covenants that are commonly identified as part of conveyancing in Culcheth?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Culcheth. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
I am looking for a flat up to £245,000 and found one close by in Culcheth I like with open areas and station nearby, however it only has 49 remaining years left on the lease. I can't really find anything else in Culcheth suitable, so just wondered if I would be making a mistake buying a short lease?
Should you need a mortgage the shortness of the lease will likely be an issue. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the existing owner has owned the premises for at least 2 years you could request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease and have £0 ground rent by law. You should speak to your conveyancing lawyer about this matter.
I’m about to sell my 2 bed flat in Culcheth. Conveyancing solicitors are to be appointed soon, but I have just received a yearly service charge demand – what should I do?
It best that you pay the invoice as normal as all rents and service charges should be allotted on completion, so you will be reimbursed by the purchaser for the period running from after the completion date to the next payment date. Most managing agents will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
Culcheth Leasehold Conveyancing - Examples of Queries before Purchasing
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The answer will be important as a) areas could cause problems in the building as the communal areas may begin to deteriorate if repairs are not paid for b) if the leaseholders have a dispute with the managing agents you will wish to know about it How much is the ground rent and service charge? Does this lease have in excess of 85 years unexpired?