Do I need to take out insurance to cover chancel repairs when purchasing a house in Acocks Green?
Unless a prior acquisition of the premises took place after 12 October 2013 you could assume that solicitors carrying out conveyancing in Acocks Green to continue to advocate a chancel search and or chancel repair liability policy.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The solicitors who conducted the conveyancing in Acocks Green 5 years ago have long since closed. What are my next steps?
As long as the title is registered the information relating to your ownership will be held by the Land Registry with a Title Number. It is easy to execute a search at the Land Registry, identify your property and obtain up to date copies of the Registered Entries for a small fee. Where the title is Leasehold then the Land Registry will usually hold a certified copy of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Acocks Green. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a selection of leasehold new build questions that you should expect your new-build leasehold conveyancing in Acocks Green
Please supply evidence that the form of Lease proposed has been approved by the Land Registry. The Landlord must covenant to assume the management if the Management Company goes into liquidation or otherwise defaults in running the management scheme. 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. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
Over the last few months I have been searching for a ground for flat up to £245,000 and identified one near me in Acocks Green I like with open areas and station in the vicinity, the downside is that it's only got 51 years on the lease. There is not much else in Acocks Green suitable, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you require a home loan the shortness of the lease will be a potential deal breaker. Discount the price by the anticipated lease extension will cost if it has not already been discounted. If the current proprietor has owned the property for at least 2 years you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing lawyer concerning this matter.
My husband and I are 3 weeks into a residential purchase having been recommend to a firm by the selling agent to execute conveyancing in Acocks Green. I am not happy. Could you help me find new lawyers?
They would have to be very poor in order to consider replacing them. Has your mortgage been issued? In the event that it has you will need to inform them of the new conveyancer and get the mortgage documents are re-sent. Your new solicitor ideally should be on the banks approved list to avoid escalating fees and complications. That should be your starting point. Our find a solicitor tool will assist you in finding a bank approved conveyancer for your home move in Acocks Green