I am need of leasehold conveyancing for an apartment in a relatively new development (seven years built) in Green Street Green. 95% of the flats are already sold. Is it strictly necessary to order local searches as part of conveyancing in Green Street Green?
You are opening yourself up to an unnecessary risk in failing carrying out Green Street Green conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal necessity to have them, but we would absolutely advise in the strongest possible terms that your conveyancer conducts them. Where timings and expenses are top of your concerns you should discuss with your lawyer about the options such as contingency insurance available to you
My uncle passed away six months ago and as sole heir and executor I was left the property in Green Street Green. The house had a small mortgage left on it of around £4500. I want to transfer the title deeds into my name whilst I re-mortgage to Bank of Ireland, pay off the mortgage. Is this allowed?
Where you intend to re-mortgage then Bank of Ireland will require that you use a conveyancer on the Bank of Ireland conveyancing panel. Here is link to the Land Registry online guidance around what to do when a property owner dies. This will help you to understand the registration process behind changing the details re the registered title. in your case it would appear that you are effectively purchasing the property from the estate. Your Bank of Ireland conveyancing panel solicitor pays the new mortgage money into the estate, the estate pays off the old mortgage, the charge is released and you become the owner and the Bank of Ireland mortgage is registered as a charge at the Land Registry.
Me and my brother purchased a semi-detached Georgian property in Green Street Green. Conveyancing lawyer represented me and Halifax. I happened to do a free search for it on the Land Registry database and there are a couple of entries: one for freehold, another for leasehold with the exact same address. Is it worth asking Halifax to clarify?
You need to assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Green Street Green and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the position with the conveyancing practitioner who completed the work.
I'm converting the mortgage on my existing property to a buy to let mortgage with Birmingham Midshires and I will use the ballance of the raised equity as a deposit on further property. The neighborhood we are talking about is Green Street Green. Will your solicitors be able to act for both sets of lenders and tie in the two deals?
Make use of our comparison tool on this site to ensure that the conveyancers are approved by both mortgage companies. Having checked that they are the solicitor will be able to connect the two deals but you should talk with you lawyer and make clear your expectations and requirements.
I am on look out for some leasehold conveyancing in Green Street Green. Before diving in I require certainty as to the remaining lease term.
If the lease is recorded at the land registry - and almost all are in Green Street Green - 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 have given up trying to purchase the freehold in Green Street Green. Can the Leasehold Valuation Tribunal adjudicate on premiums?
if there is a missing freeholder or if there is dispute about the premium for a lease extension, under the relevant legislation you can apply to the First-tier Tribunal (Property Chamber) to decide the amount due.
An example of a Lease Extension decision for a Green Street Green flat is 1 Southlands Court Southlands Road in September 2013. The Leasehold Valuation Tribunal determined that the premium to be paid by the tenant on the grant of a new lease, in accordance with section 56 and Schedule 13 of the Leasehold Reform, Housing and Urban Development Act 1993 was £30,541 This case affected 1 flat. The unexpired residue of the current lease was 50.57 years.
My mum and dad cant seem to find their Green Street Green property on the HMLR online search facility. They have a vague memory back in the 60’s when they acquired the house there were complications concerning the address not being identified on some systems.
The vast majority of residences in Green Street Green should be revealed. Have you attempted a search with simply the postcode. Ordinarily it should reveal all the houses and flats inside the postcode. Assuming the property is registered it will show up with a title number. Where they bought 50 years ago it's conceivable it may be unregistered. The property may still be revealed but with the title number shown 'na'. In this scenario you will need to track down the original title papers which could be with your parent’s lender.