It is is a decade since I acquired my home in Longhope. Conveyancing solicitors have now been instructed on the sale but I am unable to locate my title documents. Is this a problem?
Don’t worry too much. First there is a chance that the deeds will be retained by your mortgage company or they could be in the possession of the solicitor who oversaw your purchase. Secondly in most cases 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 obtaining up to date copy of the land registers. Nearly all conveyancing in Longhope involves registered property but in the unlikely event that your home is unregistered it adds to the complexity but is resolvable.
We are buying a house and the solicitor has identified Chancel Repair to which the house could be obligated to pay given it’s proximity to the area of such a church. He has mentioned insurance. Is this strictly appropriate for conveyancing in Longhope
Unless a previous purchase of the premises took place post 12 October 2013 you can take it that lawyers delivering conveyancing in Longhope to remain recommending a chancel search and or insurance against a claim.
I'm buying my first flat in Longhope benefiting from help to buy. The builders refused to budge the price so I negotiated 6k of additionals instead. The estate agent advised me not disclose to my conveyancer about the extras as it may jeopardize my mortgage with the lender. Is this normal?.
All lenders require a Disclosure of Incentives Form from the builder of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
I need to retain a conveyancing solicitor for remortgage conveyancing in Longhope. I have land on a site which appears to be the ideal offering If it is possible to get all this stuff completed via phone that would be ideal. Do I need to be wary? 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?
Due to complete next month on a basement flat in Longhope. Conveyancing lawyers have said that they will have a report out to me on Monday. What should I be looking out for?
The report on title for your leasehold conveyancing in Longhope should include some of the following:
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An explanation as to the provision as set out in the lease to to contribute towards maintenance costs - with regard to both the building, and the wider rights a leaseholder enjoys specifics of the parties to the lease, for instance these could be the leaseholder, superior lessor, freeholder if lease caters for for a slush fund? What the implications are if you have violated the provisions of the lease? Will you be prohibited or prevented from having pets in the property?
I invested in buying a 1st floor flat in Longhope, conveyancing having been completed 9 years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Longhope with an extended lease are worth £192,000. The average or mid-range amount of ground rent is £55 per annum. The lease ends on 21st October 2079
You have 54 years unexpired we estimate the premium for your lease extension to span between £32,300 and £37,400 plus 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 are not able to supply the actual costs without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first getting professional advice.
Would local authority consent be needed to change a single dwelling into multiple flats in Longhope? This has taken place to a house opposite to my house in Longhope and was not aware of it happening until the works were complete.
Planning permission is needed for converting a single dwelling in Longhope into flats but probably not for reverting back to single dwelling-house so, simply put, yes,a it is required.