It is is a decade since I purchased my house in Stamford Bridge. Conveyancing lawyers have now been instructed on the sale but I can't locate my title documents. Will this cause complications?
You need not be too concerned. Firstly the deeds may be kept by your mortgage company or they could still be with the solicitor who handled your purchase. Secondly the chances are that the title will be registered at the land registry and you will be able to prove you are the registered owner by your conveyancing solicitors acquiring up to date copy of the land registers. Almost all conveyancing in Stamford Bridge relates to registered property but in the unlikely event that your home is not registered it adds to the complexity but is not insurmountable.
Our bank has suggested a law firm on their panel based in Stamford Bridge but I would rather use a conveyancing lawyer in Stamford Bridge local to me. Are you able to help?
It is by no means the case that all Stamford Bridge conveyancing firms are on all lender’s conveyancing panel. Use our search tool to locate a Stamford Bridge conveyancing firm on the on the bank panel.
I need some fast conveyancing in Stamford Bridge as I am under a deadline to sign on the dotted line inside one month. Fortunately I do not require a mortgage. Is it possible to avoid the conveyancing searches to save fees and time?
As you are are a cash purchaser you have the choice not to have searches conducted although no lawyer would recommend that you don't. Drawing on our experience of conveyancing in Stamford Bridge the following are examples of issues that can crop up and adversely affect future saleability: Refused Planning Applications, Outstanding Fees, Outstanding Grants, Road Schemes,...
I've recently found out that there is a flying freehold issue on a house I put an offer in last month in what should have been a straight forward, no chain conveyancing. Stamford Bridge is where the house is located. What do you suggest?
Flying freeholds in Stamford Bridge are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Stamford Bridge you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Stamford Bridge 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 property.
How can the Landlord & Tenant Act 1954 impact my commercial offices in Stamford Bridge and how can you help?
The 1954 Act affords a safeguard to commercial leaseholders, giving them the right to apply to court for a continuation of occupancy at the end of the lease term. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Stamford Bridge is one of the numerous locations in which the firms we work with have offices
My husband and I may need to sub-let our Stamford Bridge basement flat for a while due to a career opportunity. We used a Stamford Bridge conveyancing firm in 2003 but they have closed and we did not think at the time get any advice as to whether the lease allows us to sublet. How do we find out?
A lease dictates relations between the landlord and you the flat owner; in particular, it will say if subletting is banned, or permitted but only subject to certain conditions. The rule is that if the lease contains no specific ban or restriction, subletting is allowed. The majority of leases in Stamford Bridge do not prevent subletting altogether – such a clause would adversely affect the market value the property. In most cases there is a basic requirement that the owner notifies the freeholder, possibly supplying a copy of the sublease.
I invested in buying a garden flat in Stamford Bridge, conveyancing was carried out half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding properties in Stamford Bridge with an extended lease are worth £216,000. The ground rent is £50 charged once a year. The lease terminates on 21st October 2094
With 69 years unexpired the likely cost is going to range between £9,500 and £11,000 plus professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.