Why do I have to pay up front when it comes to conveyancing in Newton Ferrers?
If you are buying a property in Newton Ferrers your solicitor will request that you to provide them with monies to cover the search fees. This will be the total of the cost of the Local Authority Search. When the down payment is as part of the total price then this should be needed shortly before contracts are exchanged. Any further balance that is needed should be transferred a few days ahead of the day of completion.
Will my conveyancing lawyers need to check that the building insurance for my purchase of a house in Newton Ferrers. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 28/3/2025, the requirements read as follows :
My colleague suggested that where I am purchasing in Newton Ferrers I should ask my conveyancer to perform a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is usually quoted for as part of the standard Newton Ferrers conveyancing searches. It is a large report of about 40 pages, listing and setting out important information about Newton Ferrers around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Newton Ferrers Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Newton Ferrers Education with maps and statistics, Local Amenities and other useful data concerning Newton Ferrers.
The deeds to my property can not be found. The conveyancers who handled the conveyancing in Newton Ferrers 5 years ago have long since closed. What do I do?
As long as the title is registered the details of your proprietorship will be evidenced by HMLR under a Title Number. It is easy to carry out a search at the Land Registry, locate your property and secure up to date copies of the Registered Entries for a small fee. Where the property is Leasehold then the Land Registry will in most cases retain a certified copy of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.
Over the last few months I have been searching for a flat up to £195,000 and identified one round the corner in Newton Ferrers I like with amenity areas and transport links nearby, however it only has 49 remaining years left on the lease. I can't really find anything else in Newton Ferrers suitable, so just wondered if I would be making a mistake buying a short lease?
If you need a home loan that many years may be a potential deal breaker. Discount the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least twenty four months you can request that they commence the lease extension formalities and pass it to you. An additional ninety years can be extended on to the existing lease and have £0 ground rent by law. You should consult your conveyancing solicitor concerning this matter.
In what way can the Landlord & Tenant Act 1954 impact my commercial property in Newton Ferrers and how can your lawyers assist?
The particular law that you refer to provides protection to business leaseholders, giving them the a statutory right to make a request to court for a continuation of occupancy at the end of an expired lease. There are limited grounds where a landlord can refuse a lease renewal and the rules are complex. We are happy to direct you to commercial conveyancing solicitors who use the act to your advantage and assist with commercial conveyancing in Newton Ferrers