I am selling my flat in Lower Earley. Will my conveyancer need to be required to be on the Aldermore conveyancing panel in order to deal with the discharge of my mortgage?

Ordinarily, even if your lawyer is not on the Aldermore conveyancing panel they can still act for you on your sale. It might be that the lender will not release the original deeds (if applicable and increasingly irrelevant) until after the mortgage is paid off. You should speak to your lawyer directly before you start the process though to ensure that there is no problem as lenders are changing their panel criteria fairly frequently in recent years.

Have completed on a a terraced house in Lower Earley , What is the estimated time for the Land Registry to deal with the formalities evidencing my proprietorship? My Lower Earley conveyancing solicitor works at snail pace, so I want to be certain that my purchase is recorded.

As far as conveyancing in Lower Earley registration is no quicker or slower than anywhere else in England and Wales. Rather than based on location, timeframes can adjust according to the party submitting the application, whether there are errors and whether the Land registry need to notify any 3rd parties. At present in the region of three quarters of submission are fully dealt with within 12 days but occasionally there can be longer delays. Historically registration takes place after the purchaser is living at the property therefore post completion formalities is not usually an essential issue yet if there is a degree of urgency associated with the registration then you or your conveyancer must communicate with the Registry to express the reasoning for an expedited registration.

I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what should have been a quick, chain free conveyancing. Lower Earley is the location of the property. What do you suggest?

Flying freeholds in Lower Earley are unusual but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Lower Earley you would need to get your solicitor to go through the deeds thoroughly. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Lower Earley may determine 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.

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At this site secure an accurate quote via a Solicitor or Licensed Conveyancer that understands the nuances of your conveyancing in Lower Earley. Unlike many estate agents and many comparison sites we do not charge firms a fee if you appoint them for your home move in Lower Earley

I own a leasehold flat in Lower Earley. Conveyancing and Yorkshire Building Society mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1992. The conveyancing practitioner in Lower Earley who previously acted has long since retired. Any advice?

The first thing you should do is make enquiries of HMLR to be sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. It is not necessary to incur the fees of a Lower Earley conveyancing practitioner to do this as you can do this on the Land Registry website for a few pound. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.

I acquired a ground floor flat in Lower Earley, conveyancing formalities finalised in 2004. How much will my lease extension cost? Equivalent flats in Lower Earley with over 90 years remaining are worth £206,000. The ground rent is £45 levied per year. The lease finishes on 21st October 2091

With just 67 years remaining on your lease the likely cost is going to be between £10,500 and £12,000 plus professional fees.

The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first getting professional advice.