It is 10 years ago since I acquired my property in Stony Stratford. Conveyancing lawyers have recently been retained on the sale but I am unable to locate the title deeds. Is this a major issue?
You need not be too concerned. Firstly there is a chance that the deeds will be retained by the lender or they could still be with the lawyers who oversaw your purchase. Secondly the likelihood is that the property will be registered at the land registry and you will be able to prove you own the property by your conveyancing solicitors acquiring current official copies of the land registers. Nearly all conveyancing in Stony Stratford relates to registered property but in the rare situation where your property is unregistered it adds to the complexity but is not insurmountable.
We are due to move house in June. Does my conveyancing solicitor liaise with the removal company on the day of completion. As an aside, can you suggest a removal company in Stony Stratford. Conveyancing lawyer was organised prior to coming across your site.
On the afternoon of completion you will need to collect the keys from the estate agent but this can only happen once the sellers conveyancers inform the agent that they have the completion monies and the keys can be released. Subsequently you can advise the removal men that you are ready to move in. We do not recommend a particular removal company but can assist you in choosing a conveyancing in Stony Stratford or a legal practice with expertise in conveyancing in Stony Stratford.
I am expecting a OIP from Virgin Money this week so we know how much we could potentially offer as otherwise we only have online calculators to go by (which aren't taking into account credit checks etc). Do Virgin Money recommend any Stony Stratford solicitors on the Virgin Money conveyancing panel, or is it better to go independently?
You will need to appoint Stony Stratford solicitors independently although you'll need to choose one on the Virgin Money conveyancing panel. The solicitor represents both you and Virgin Money through the process.
I've digested plenty of house buying guides, I note that they all recommend that you should get your house surveyed prior to buying it. When I asked my local Stony Stratford solicitor - who is on the Nationwide conveyancing panel - on this she said they don't do this and I need to contract an independent surveyor. is that correct?
Nationwide will need an independent valuation of the property. Your lawyer will not arrange this. Usually Nationwide will appoint their own surveyor to do this, and you will have to pay for it. Remember that this is a valuation for mortgage purposes and not a survey. Your conveyancer will not organise the survey but they may be able to put you in touch with a local one that they recommend. RICS offers a find a surveyor service (just google it) where you can search for a qualified surveyor by your Stony Stratford postcode. As you are getting a mortgage with Nationwide, you could contact them to see if they have a list of approved surveyors in Stony Stratford.
Should commercial conveyancing searches disclose impending roadworks that could impact a commercial site in Stony Stratford?
Many commercial conveyancing solicitors in Stony Stratford will carry out a SiteSolutions Highways report as it reduces the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Stony Stratford. The report provides definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Stony Stratford.
For every commercial conveyancing transaction in Stony Stratford it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may cause delays to Stony Stratford commercial conveyancing deals as well as present a risk to future plans for the site. These searches are not conducted for residential conveyancing in Stony Stratford.
I used Arc property Solicitors several years ago for my conveyancing in Stony Stratford. I now require my papers however the law firm has closed. What do I do?
You should contact the Solicitors Regulatory Authority (SRA) to assist in tracing your conveyancing files. They can be contacted on please contact on 0870 606 2555. Alternatively, you should use their online form to make an enquiry. You will need to provide the SRA with as much information as possible to assist their search, including the name and address in Stony Stratford of the conveyancing firm of solicitors you previously hired, the name of conveyancing solicitor with whom you had dealings, and the date on which you last had dealings with the firm.
Having checked my lease I have discovered that there are only Sixty One years remaining on my flat in Stony Stratford. I am keen to extend my lease but my freeholder is absent. What should I do?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for an order to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. However, you will be required to demonstrate that you or your lawyers have used your best endeavours to find the freeholder. In some cases a specialist would be helpful to try and locate and prepare a report to be accepted by the court as evidence that the landlord is indeed missing. It is wise to seek advice from a property lawyer both on investigating the landlord’s absence and the application to the County Court covering Stony Stratford.
I purchased a leasehold flat in Stony Stratford, conveyancing having been completed half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent flats in Stony Stratford with a long lease are worth £197,000. The ground rent is £55 invoiced every year. The lease expires on 21st October 2081
With 55 years left to run we estimate the price of your lease extension to span between £31,400 and £36,200 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure without more comprehensive investigations. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first getting professional advice.
How easy is it to change a solicitor as I need to find a Stony Stratford based conveyancer who is on the mortgage company conveyancing panel. Is it practical to instruct different lawyers?
In the event that you have not formally appointed a solicitor to commence the conveyancing and at this stage simply received an estimate as to costs, you're perfectly free to choose a different solicitor to carry out your work for you. The best way is to get recommendations from friends or family who have actually used the solicitor or conveyancer in Stony Stratford that you're thinking of instructing.