I am need of leasehold conveyancing for an apartment in a fairly new development (seven years built) in Scotter. 95% of the flats have already been occupied. Is it strictly necessary to order local searches for my conveyancing in Scotter?
If you getting a loan, your mortgage company will need some (many) of the searches so you'll have no choice. If not, then Scotter conveyancing searches are for you to decide upon. Your solicitor, will 'advise', perhaps in the strongest possible terms, that you should not go ahead without searches, but he or she is duty bound in this regard. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you insist that your lawyer to proceed without searches then your lawyer will have to follow your instructions or ask you to appoint a different lawyer for your conveyancing in Scotter.
It is is a decade since I bought my house in Scotter. Conveyancing solicitors have recently been appointed on the sale but I am unable to locate the deeds. Will this jeopardise the sale?
You need not be too concerned. First the deeds may be with the mortgage company or they could be archived with the lawyers who oversaw your purchase. Secondly the chances are that the land will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors procuring up to date copy of the land registers. Almost all conveyancing in Scotter relates to registered property but in the unlikely event that your home is not registered it is more tricky but is not insurmountable.
My wife and I own a renovated Georgian house in Scotter. Conveyancing solicitor acted for me and Chelsea Building Society. I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold under the exact same address. Is it worth asking Chelsea Building Society to clarify?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Scotter and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also enquire as to the situation with your conveyancing practitioner who completed the work.
We are four weeks into a leasehold purchase having been directed to a firm by the local agent to carry out the conveyancing in Scotter. We are not happy. Can you help me find new lawyers?
They would have to be very poor to suggest replacing them. Has your mortgage been sent? If so you need to make them aware of the replacement solicitor and have the mortgage documents are re-sent. Your new solicitor ideally needs to be on the banks approved list to avoid escalating expenses and delays. So that should be your first question of the new solicitors. Our find a solicitor tool can help you find a lender approved lawyer for your home move in Scotter
I am in need of some leasehold conveyancing in Scotter. Before I set the wheels in motion I want to be sure as to the remaining lease term.
If the lease is registered - and almost all are in Scotter - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I purchased a leasehold flat in Scotter, conveyancing was carried out 6 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent properties in Scotter with an extended lease are worth £185,000. The ground rent is £65 charged once a year. The lease finishes on 21st October 2085
With 61 years unexpired the likely cost is going to be between £18,100 and £20,800 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 cannot give you the actual costs in the absence of comprehensive due diligence. You should not use this information in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you take any other action placing reliance on this information without first getting professional advice.
I have been advised by many family members to expect up to two months for Scotter conveyancing to complete.This was 3 ago. The paperwork was only forwarded from the vendors property lawyer yesterday so now does it countdown?
It would be unwise bank on counting down any 6-8 week suggested period. Answering accurately how how many weeks Scotter conveyancing will take is virtually impossible. Without fail every Scotter conveyancing transaction will have it’s specific set of issues. As a result your solicitor will find it difficult to predict the an exact timescale to conclude conveyancing in Scotter.