How up to date is your database of Ravensthorpe solicitors on the RBS conveyancing panel? Do RBS send you an updated list?

Ravensthorpe conveyancing firms themselves provide us confirmation that they are on the RBS conveyancing panel as opposed to being supplied with a list from RBS directly.

Are there restrictive covenants that are commonly identified during conveyancing in Ravensthorpe?

Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Ravensthorpe. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’

Just had an offer accepted on a new build apartment in Ravensthorpe. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.

Set out below is a sample of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Ravensthorpe

The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Forfeiture - bankruptcy or liquidation must not apply under this provision. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents.

My wife and I purchased a leasehold house in Ravensthorpe. Conveyancing and Lloyds TSB Bank mortgage went though with no issue. A letter has just been received from someone claiming to own the freehold. It included a ground rent demand for rent dating back to 1995. The conveyancing practitioner in Ravensthorpe who previously acted has now retired. Any advice?

The first thing you should do is contact HMLR to make sure that this person is in fact the registered owner of the freehold reversion. It is not necessary to incur the fees of a Ravensthorpe conveyancing firm to do this as you can do this on the Land Registry website for a few pound. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I purchased a ground floor flat in Ravensthorpe, conveyancing was carried out September 2001. Can you give me give me an indication of the likely cost of a lease extension? Similar properties in Ravensthorpe with over 90 years remaining are worth £197,000. The ground rent is £55 invoiced annually. The lease comes to an end on 21st October 2080

You have 56 years left to run we estimate the premium for your lease extension to span between £29,500 and £34,000 as well as professional fees.

The suggested premium range above a general guide to costs for extending a lease, but we are not able to provide a more accurate figure in the absence of detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.

Is it true that a Ravensthorpe conveyancing firm has court proceedings brought against them by clients for failing to conduct the appropriate conveyancing searches?

Our attention has not be brought to such a Ravensthorpe conveyancing claim but it has been reported that, clients acquiring a property elsewhere in England successfully won a claim against their conveyancer as a consequence of development plans to erect a wind farm failing to be picked up in conveyancing searches.

If you are contemplating buying a home in Ravensthorpe It is important that your lawyer carry out all Ravensthorpe conveyancing searches required to ensure you have accurate and up to date information ahead of purchasing a home in Ravensthorpe.