I plan on purchasing a leasehold flat in Ferryhill. My lawyer is not on the mortgage company approved panel. Am I still permitted to continue with my Ferryhill conveyancing solicitor even though they are excluded from the mortgage company list of approved lawyers?
You have a number of choices available to you here
- Proceed with your existing Ferryhill lawyer but your lender will no doubt instruct a property lawyer on their approved panel. The net result is additional fees and likely interruption.
- Get a fresh solicitor to act in the purchase, obviously checking they are on the lender conveyancing panel.
- Convince your conveyancer to do everything within their powers to get listed on the mortgage company panel of solicitors
Do the conveyancing solicitors listed on your site handle right to buy conveyancing in Ferryhill?
We do have a variety of conveyancing lawyers who can handle right to buy transactions Do contact the solicitors listed in order to obtain a conveyancing quote.
Finally the sale completed on my house in Ferryhill last September yet the purchaser is Skype messaging me to moan that his solicitor is waiting to hear from mine. What should my lawyer have done now that I have sold?
Following your disposal your lawyer is obliged to send the transfer deeds and all of the paperwork to the buyer’s conveyancer. Where appropriate, your lawyer should also send confirmation that the legal charge in favour of the lender has been paid off to the buyers conveyancers. There are no post completion tasks peculiar conveyancing in Ferryhill.
My father-in-law has suggested that I use his conveyancers in Ferryhill. Should I use them?
There are no two ways about it it’s preferable to find a conveyancing lawyer is to seek recommendations from friends or family who have actually previously instructed the conveyancer you're are thinking of instructing.
My wife and I purchased a leasehold house in Ferryhill. Conveyancing and Barnsley Building Society mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1992. The conveyancing solicitor in Ferryhill who previously acted has now retired. Any advice?
The first thing you should do is contact HMLR to be sure that the individual claiming to own the freehold is in fact the registered owner of the freehold reversion. There is no need to instruct a Ferryhill conveyancing lawyer to do this as you can do this on the Land Registry website for £3. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I invested in buying a garden flat in Ferryhill, conveyancing having been completed in 1996. Can you work out an approximate cost of a lease extension? Equivalent properties in Ferryhill with over 90 years remaining are worth £260,000. The average or mid-range amount of ground rent is £45 per annum. The lease finishes on 21st October 2099
With 74 years remaining on your lease the likely cost is going to span between £8,600 and £9,800 plus costs.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information before seeking the advice of a professional.
I am an executor of my recently deceased mum’s Will, with a property in Ferryhill which will be sold. The property is unregistered at HMLR and I'm told that some estate agents will insist that it is done before they'll move forward. What's the procedure for this?
In the situation that you have set out it seems prudent to seek to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and certified copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.