Should commercial conveyancing searches reveal planned roadworks that may impact a commercial property in Guiseley?
Many commercial conveyancing solicitors in Guiseley will execute a SiteSolutions Highways report as it reduces the time that conveyancers invest in investigating accurate data on highways that impact buildings and development assets in Guiseley. The search result sets out definitive data on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Guiseley.
For each commercial conveyancing transaction in Guiseley it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been dealt with adequately may cause delays to Guiseley commercial conveyancing transactions as well as present a risk to future intentions for the site. These searches are not carried out for domestic conveyancing in Guiseley.
The deeds to my house are lost. The solicitors who did the conveyancing in Guiseley 5 years ago no longer exist. Will I be able to sell the house?
Assuming you have a registered title the details of your proprietorship will be recorded by the Land Registry under a Title Number. It is possible to carry out a search at the Land Registry, locate your house and get current copies of the Registered Entries for a small fee. Where the property is Leasehold then the Land Registry will usually retain a certified duplicate of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.
Due to the encouragement of my in-laws I had a survey completed on a property in Guiseley prior to appointing solicitors. I have been advised that there is a flying freehold overhang to the house. The surveyor has said that some lenders tend refuse to issue a mortgage on a flying freehold home.
It varies from the lender to lender. Lloyds has different requirements from Nationwide. Should you wish to call us we can check via the relevant lender. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Guiseley. Conveyancing will be smoother if you use a solicitor in Guiseley especially if they are familiar with such properties in Guiseley.
We are a couple of weeks into a leasehold purchase having been referred to conveyancers by the high street agent to handle our conveyancing in Guiseley. I am am starting to be dissatisfied with the quality of service. Could you help me find new lawyers?
They would need to be really poor in order to consider replacing them. Has the mortgage offer been sent? If so you must advise them of the new contact details and have the loan are issued to the new lawyers. The conveyancer needs to be on the mortgage company panel to avoid escalating expenses and complications. That should be your first question of the new solicitors. Our find a solicitor tool should assist you in finding a lender approved solicitor for your home move in Guiseley
I work for a busy estate agent office in Guiseley where we have experienced a number of flat sales derailed as a result of short leases. I have received conflicting advice from local Guiseley conveyancing firms. Could you clarify whether the owner of a flat can start the lease extension formalities for the buyer?
As long as the seller has owned the lease for at least 2 years it is possible, to serve a Section 42 notice to start the lease extension process and assign the benefit of the notice to the purchaser. This means that the proposed purchaser need not have to sit tight for 2 years for a lease extension. Both sets of lawyers will agree to form of assignment. The assignment needs to be completed prior to, or simultaneously with completion of the disposal of the property.
Alternatively, it may be possible to agree the lease extension with the freeholder either before or after the sale. If you are informally negotiating there are no rules and so you cannot insist on the landlord agreeing to grant an extension or transferring the benefit of an agreement to the purchaser.
I inherited a 1st floor flat in Guiseley, conveyancing having been completed half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Guiseley with a long lease are worth £202,000. The ground rent is £60 charged once a year. The lease terminates on 21st October 2083
You have 57 years remaining on your lease we estimate the price of your lease extension to be between £28,500 and £33,000 as well as plus your own and the landlord's "reasonable" professional fees.
The figure 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 investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information without first getting professional advice.
My parents cant seem to find their Guiseley property on the HM Land Registry website. They recall that 48 years ago when they acquired the house there were complications regarding Guiseley not being recognised in some systems.
Nearly all properties in Guiseley should be revealed. Have you tried a search with simply the postcode. Normally it will identify all the houses and flats inside that postcode. Assuming the property is registered it will show up with a title number. Where they bought fifty years ago it's conceivable it may be not yet registered. The address may still be revealed but with the title number identified as 'na'. In this scenario you will need to find the original title papers which may be with your parent’s bank.