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Find a Alderley Edge Conveyancing Solictior on Your Lender’s Panel

Ready to buy a new home in Alderley Edge? Failing to check that a lawyer is on your lender’s list of approved solicitors can put your Alderley Edge home move at risk of delay or failure.

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Recently asked questions about conveyancing in Alderley Edge

Why do I have to pay up front for conveyancing in Alderley Edge?

Where you are retaining lawyers for conveyancing in Alderley Edge your lawyer will ask you place them with funds to cover the the cost of the conveyancing searches. Normally this is called for to cover the fees of the conveyancing searches. If any deposit is payable against the purchase price then this should be required shortly prior to exchange of contracts. The closing balance that is needed should be transferred a couple of days ahead of the day of completion.

Despite weeks of looking the Title Certificate and documents to our property can not be found. The conveyancers who conducted the conveyancing in Alderley Edge 10 years ago no longer exist. What are my next steps?

You no longer need to have the physical original deeds to evidence that you own the land or property, given that the Land Registry hold details of all registered land or property electronically.

Yesterday I discovered that there is a flying freehold element on a property I have offered on a fortnight ago in what was supposed to be a straight forward, chain free conveyancing. Alderley Edge is where the house is located. Can you offer any advice?

Flying freeholds in Alderley Edge are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Alderley Edge you would need to get your solicitor to go through the deeds thoroughly. Your bank may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Alderley Edge may ascertain 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.

In my capacity as executor for the estate of my aunt I am disposing of a house in Swansea but reside in Alderley Edge. My lawyer (approximately 200 kilometers from merequires that I execute a statutory declaration ahead of completion. Could you suggest a conveyancing lawyer in Alderley Edge to attest this legal document for me?

Technically speaking you should not need to have the documents attested by a conveyancing solicitor. Ordinarily or notary public or qualified solicitor will be fine regardless of whether they are Alderley Edge based

Back In 2009, I bought a leasehold house in Alderley Edge. Conveyancing and HSBC Bank mortgage are in place. A letter has just been received from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1995. The conveyancing practitioner in Alderley Edge who previously acted has now retired. What should I do?

First make enquiries of HMLR to be sure that this person is in fact the registered owner of the freehold reversion. You do not need to incur the fees of a Alderley Edge conveyancing firm to do this as it can be done on-line for less than a fiver. You should note that regardless, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.

I own a 1st floor flat in Alderley Edge, conveyancing having been completed 5 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Alderley Edge with an extended lease are worth £171,000. The ground rent is £50 charged once a year. The lease ends on 21st October 2104

With just 79 years unexpired we estimate the premium for your lease extension to be between £8,600 and £9,800 as well as plus your own and the landlord's "reasonable" professional fees.

The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.

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Find out more about how flying freehold can affect your the value of a property.