It is 10 years ago since I bought my house in Knighton. Conveyancing solicitors have now been instructed on the sale but I can't track down the title deeds. Will this cause complications?
Don’t worry too much. Firstly there is a possibility that the deeds will be with your lender or they may be archived with the conveyancers who acted in your purchase. Secondly in most cases the title will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers procuring current official copies of the land registers. Almost all conveyancing in Knighton relates to registered property but in the unlikely event that your home is unregistered it adds to the complexity but is not insurmountable.
Our bank has recommended solicitors on their panel based in Knighton but I would rather use a conveyancing lawyer in Knighton or nearer to where I live. Can you assist?
It is by no means the case that all Knighton conveyancing firms are listed all lender’s conveyancing panel. Please make the most of our find an approved solicitor tool to choose a Knighton conveyancing conveyancer on the on the mortgage company panel.
I require expedited conveyancing in Knighton as I am under a deadline to complete within one month. A mortgage is not required. Is it possible to decline from having conveyancing searches to save fees and time?
As you are not getting a mortgage you have the choice not to do searches although no conveyancer would recommend that you don't. With lots of history conveyancing in Knighton the following are instances of issues that can arise and adversely impact future mortgageability: Enforcement Actions, Outstanding Fees, Overdue Grants, Unadopted Roads,...
I opted to have a survey done on a property in Knighton in advance of instructing lawyers. I have been told that there is a flying freehold element to the property. Our surveyor advised that some banks may refuse to grant a mortgage on such a premises.
It varies from the lender to lender. Bank of Scotland has different instructions from Halifax. Should you wish to telephone us we can look into this further via the relevant lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Knighton. Conveyancing will be smoother if you use a solicitor in Knighton especially if they are accustomed to such properties in Knighton.
I need to find a conveyancing solicitor for remortgage conveyancing in Knighton. I have discover a web site which seems to have the perfect solution If it is possible to get all this stuff done via phone that would be preferable. Should I be concerned? What are the potential pitfalls?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?
I have just appointed agents to market my 2 bed flat in Knighton. Conveyancing solicitors are to be appointed soon, however I have recently had a quarterly maintenance charge invoice – what should I do?
Your conveyancing lawyer is likely to suggest that you should pay the invoice as usual because all rents and service payments should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the next payment date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.
I invested in buying a 2 bed flat in Knighton, conveyancing having been completed 5 years ago. 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? Comparable flats in Knighton with a long lease are worth £202,000. The average or mid-range amount of ground rent is £60 charged once a year. The lease comes to an end on 21st October 2082
With only 57 years remaining on your lease we estimate the price of your lease extension to be between £28,500 and £33,000 plus costs.
The figure above a general guide to costs for renewing a lease, but we are not able to provide the actual costs without more detailed investigations. Do not use this information in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and clearly you 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.