I have justbecome aware that Arc property Solicitors have closed. They carried out my conveyancing in Muxton for a purchase of a leasehold apartment 18 months ago. How can I check that my home is not still registered in the name of the previous owner?
The quickest method to check if the premises is registered to you, 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 Muxton conveyancing specialists.
I've recently found out that there is a flying freehold issue on a house I have offered on a fortnight ago in what should have been a straight forward, no chain conveyancing. Muxton is the location of the property. Can you offer any assistance?
Flying freeholds in Muxton are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Muxton you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Muxton may decide that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
In what way can the Landlord & Tenant Act 1954 affect my business offices in Muxton and how can you help?
The 1954 Act provides security of tenure to business lessees, giving them the right to apply to court for a new tenancy and remain in occupation when the lease reaches an end. There are limited grounds that a landlord can refuse a lease renewal and the rules are involved. Fees are different for commercial conveyancing. Muxton is one of our numerous areas of the UK in which our lawyers are located
My husband and I are FTB’s - had an offer accepted, but the property agent has warned us that the seller will only issue a contract if we appoint their recommended solicitors as they need a ‘quick sale’. We would rather use a high street conveyancer with experience of conveyancing in Muxton
It is highly unlikely the owners are driving this. Should the owner desire ‘a quick sale', turning down a genuine purchaser is likely to cause more damage than good. Speak to the vendors direct and make sure they comprehend that (a)you are genuine buyers (b)you are excited to move forward, with mortgage lined up © you do not need to sell (d) you intend to proceed fast (e)but you are going to appoint your preferred Muxton conveyancing lawyers - rather thanthe ones that will give their negotiator at the agency a kickback or hit his conveyancing thresholds demanded by head office.
Are there common problems that you come across in leases for Muxton properties?
Leasehold conveyancing in Muxton is not unique. Most leases are drafted differently and drafting errors can sometimes mean that certain provisions are not included. For example, if your lease is missing any of the following, it could be defective:
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A provision to repair to or maintain parts of the building
You may encounter a problem when selling your property if you have a defective lease primarily because it impacts on the ability to obtain a mortgage on the property. Nationwide Building Society, Leeds Building Society, and Aldermore all have very detailed requirements when it comes to what is expected in a lease. If a mortgage lender believes that the lease is defective they may refuse to grant the mortgage, obliging the buyer to pull out.
I acquired a garden flat in Muxton, conveyancing having been completed in 1997. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in Muxton with over 90 years remaining are worth £185,000. The average or mid-range amount of ground rent is £65 yearly. The lease comes to an end on 21st October 2086
With 60 years left to run the likely cost is going to range between £20,000 and £23,000 as well as professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs without more detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not take any other action based on this information before getting professional advice.
I am buying a property and require a conveyancing solicitor in Muxton who is on the lender solicitor panel. Can you recommend a Muxton or local Muxton solicitor?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for the mortgage company who carry out conveyancing in Muxton. We dont recommend any particular conveyancing practice.