It is 10 years ago since I purchased my house in Markyate. Conveyancing solicitors have recently been retained on the sale but I am unable to find the title deeds. Will this cause complications?
You need not be too concerned. First the deeds may be with the lender or they may be in the possession of the solicitor who handled your purchase. Secondly in all probability the title will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors obtaining current official copies of the land registers. Most conveyancing in Markyate relates to registered property but in the unlikely event that your property is not registered it adds to the complexity but is resolvable.
What can a local search inform me about the property we're purchasing in Markyate?
Markyate conveyancing often commences with the ordering local authority searches directly from your local Authority or via a personal search organisations such as Searches UK The local search is essential in every Markyate conveyancing purchase; as long as you wish to avoid any unpleasant once you have moved into your new home. The search should reveal data on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of thirteen topic areas.
I have justbecome aware that Arc property Solicitors have closed. They conducted my conveyancing in Markyate for a purchase of a freehold house 10 months ago. How can I be sure that my home is registered correctly in the name of the former proprietor?
The quickest way to check if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Markyate conveyancing specialists.
About to purchase a new build apartment in Markyate. Conveyancing is daunting at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Set out below are examples of a selection of leasehold new build enquiries that you can expect your new-build leasehold conveyancing in Markyate
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Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
How simple is it to transfer to a new conveyancer as I need to instruct one who is on the Accord Mortgages Ltd conveyancing list. I was using a family conveyancing solicitor in Markyate round the corner but she is not accepted by Accord Mortgages Ltd
It would be our pleasure to help you select a conveyancing solicitor in Markyate on the Accord Mortgages Ltd panel. Please note that the law firms that we work with do not pay us a referral fee if you instruct them and are regulated by the Solicitors Regulation Authority who regulate all conveyancing solicitors in Markyate. In utilising the find a conveyancing solicitor tool on this page, you can compare and instruct different solicitors and conveyancers both nationally and in Markyate.
I am intending to let out my leasehold flat in Markyate. Conveyancing solicitor who did the purchase is retired - so can't ask her. Do I need to ask my freeholder for permission?
A small minority of properties in Markyate do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord cannot unreasonably withhold but, in such cases, they would need to see references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
I acquired a leasehold flat in Markyate, conveyancing having been completed in 2005. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent properties in Markyate with an extended lease are worth £171,000. The average or mid-range amount of ground rent is £50 levied per year. The lease comes to an end on 21st October 2105
With just 79 years left to run the likely cost is going to range between £7,600 and £8,800 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.