It is is a decade since I bought my home in Great Coates. Conveyancing solicitors have now been instructed on the sale but I am unable to locate the deeds. Will this cause complications?
Don’t worry too much. Firstly the deeds may be with the mortgage company or they may be in the possession of the solicitor who oversaw your purchase. Secondly in all probability the property will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers procuring up to date copy of the land registers. Nearly all conveyancing in Great Coates involves registered property but in the unlikely event that your home is unregistered it is more problematic but is not insurmountable.
I am purchasing a property and require a conveyancing solicitor in Great Coates who is on the Alliance & Leicester conveyancing. Can you recommend a local conveyancing firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Alliance & Leicester in certain locations such as Great Coates. We dont recommend any particular firm.
What is the difference between a licensed conveyancer and conveyancing solicitor in Great Coates
Two types of professional can conduct conveyancing in Great Coates namely licenced conveyancers or solicitors. Both professionals provide the legal services that required to complete the sale or acquisition of property. Both are duty bound to conduct Great Coates conveyancing on similar standards and guidelines so you may be safe in the knowledge that your conveyancing will be professionally administered and that all necessary procedures will be suitably attended to.
Is it the case that all Great Coates CQS (Conveyancing Quality Scheme) solicitors are on the Skipton conveyancing list of approved firms?
A selection of banks and building societies now use the accreditation scheme as the starting point for Panel membership such as HSBC and Santander. CQS accreditation however is no guarantee to lender panel acceptance. Nevertheless,the CML have indicated that it is likely to become a pre-requisite for firms wishing to join their approved list of conveyancing solicitors.
When it comes to mortgage companies such as RBS, do Great Coates solicitors incur an annual charge to be on the list of approved solicitors?
We are not aware of any bank fees to be on their panel, although some do levy an administration fee to deal with the processing of the conveyancing panel application.
Despite weeks of looking the Title Certificate and documents to our house can not be found. The lawyers who conducted the conveyancing in Great Coates 4 years ago are no longer around. What do I do?
As long as the title is registered the information relating to your proprietorship will be retained by the Land Registry under a Title Number. It is easy to conduct a search at the Land Registry, locate your property and get current copies of the Registered Entries for a small fee. Where the title is Leasehold then the Land Registry will usually hold a file duplicate of the Registered Lease and again, a copy can be retrieved for a small fee.
I am looking at a two apartments in Great Coates both have in the region of forty five years unexpired on the lease term. Do I need to be concerned?
A lease is a legal document that entitles you to use the premises for a period of time. As the lease shortens the value of the lease decreases and results in it becoming more expensive to extend the lease. For this reason it is advisable to extend the lease term. Sometimes it is difficult to sell a property with a short lease because mortgage companies less inclined to grant a loan on properties of this type. Lease enfranchisement can be a protracted process. We recommend you get professional help from a conveyancer and surveyor with experience in this arena.
I own a 1 bedroom flat in Great Coates, conveyancing having been completed January 1998. 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? Corresponding properties in Great Coates with an extended lease are worth £206,000. The average or mid-range amount of ground rent is £45 per annum. The lease ceases on 21st October 2091
With 66 years remaining on your lease we estimate the premium for your lease extension to be between £11,400 and £13,200 as well as legals.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not take any other action placing reliance on this information without first seeking the advice of a professional.
Is there a difference between surveying and conveyancing in Great Coates?
Conveyancing - in Great Coates or elsewhere - is the process of legally transferring legal title of property from one person to another. It therefore includes the investigation of the title. Whether buying or selling, you should be aware of anything affecting the property such as proposals by government departments, illegal buildings, or outstanding rates. The conveyancer should conduct the appropriate searches and inquiries on the property. Surveying relates to the structure of a property itself. A surveyor will look at a house, flat and any outbuildings you are intending to buy and will help you discover the condition of the building and, if there are problems, give you a powerful reason for negotiating the purchase price down or asking the seller to fix the problems before you complete your move.