The vendors of the property we are looking to purchase hired a conveyancing practitioner in Dunmow who has suggested a lock out contract with a non-refundable deposit 6,000. Are such agreements sensible?
This type of contract is unusual in Dunmow, conveyancers will often try and steer clients away from them as they detract from focusing on the primary objective, namely conveyancing and if you end up losing your deposit then the solicitor at best left with an upset client and at worst a litigious one. Furthermore, there is no guarantee that just because the seller has entered into a lock out contract they will sell to you. They may be in contravention of the contract if they are offered a big enough incentive to do so because an aggrieved buyer with the benefit of a lockout agreement will still be legally obliged to establish consequential losses from the breach and these may not amount to the extra amount that your vendor may gain by reneging on the agreement, no matter how morally shameful the behaviour is.
My relative recommended that if I am purchasing in Dunmow I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is occasionally included in the estimate for your Dunmow conveyancing searches. It is a large document of about 40 pages, listing and setting out important information about Dunmow around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Dunmow Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Local Education with maps and statistics, Local Amenities and other useful data about Dunmow.
Despite weeks of looking the Title Certificate and documents to my property can not be found. The conveyancers who did the conveyancing in Dunmow 10 years ago no longer exist. What do I do?
You no longer need to have the physical original deeds to prove you are the registered proprietor of land or property, given that the Land Registry hold details of all registered land or property electronically.
How does the Landlord & Tenant Act 1954 affect my business offices in Dunmow and how can you help?
The particular law that you refer to gives protection to commercial tenants, granting the right to make a request to court for a renewal tenancy and remain in occupation at the end of an expired lease. There are limited grounds where a landlord can refrain from granting a lease renewal and the rules are complicated. Fees are different for commercial conveyancing. Dunmow is one of our hundreds of locations in which the firms we work with are based
Having had my offer accepted I require leasehold conveyancing in Dunmow. Before diving in I would like to find out the remaining lease term.
If the lease is recorded at the land registry - and most are in Dunmow - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the registered owner of a 1 bedroom flat in Dunmow, conveyancing formalities finalised 3 years ago. How much will my lease extension cost? Comparable properties in Dunmow with over 90 years remaining are worth £202,000. The ground rent is £60 charged once a year. The lease expires on 21st October 2082
With 57 years remaining on your lease we estimate the price of your lease extension to range between £28,500 and £33,000 as well as costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more detailed due diligence. Do not use the figures in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first getting professional advice.
I bought a property in Dunmow last 22/12/2023 and to date it is still not recorded with HMLR. It is part of a new estate and my property lawyer told me that it may take 12 months to register. I have called HMLR directly and they say that the initial application was cancelled due to questions not being addressed in time. What can I do?
Contact your property lawyer - if you are not getting sensible responses, find out about their firm’s complaints process and amplify your problem to a Complaints Manager. Registrations for Dunmow conveyancing are not known to be significantly delayed.