Can the conveyancing solicitors that you recommend carry out attended exchange conveyancing in Ascot?
There are a few conveyancing experts who can conduct attended exchanges. You should contact us to obtain a fee calculation and details as to dates.
Me and my brother purchased a 4 bedroom Victorian property in Ascot. Conveyancing lawyer acted for me and Barnsley Building Society. I did a free Land Registry search last week and there are two entries: the first freehold, another for leasehold with the matching address. I'd like to know for sure, how can I find out??
You should read the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Ascot and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing practitioner who conducted the conveyancing.
About to purchase a new build apartment in Ascot. Conveyancing is daunting 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 enquiries that you should expect your new-build leasehold conveyancing in Ascot
Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? 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. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Please confirm the Lease plans are surveyor prepared. There must be mutual enforceability of lessee’s covenants.
What tools are available to identify a Ascot law firm on the Virgin Money conveyancing panel? I have a car and am willing to travel upto 10miles to meet the lawyer.
You can use the facility on this website. Please select a lender and your location and you will see a number of Ascot conveyancing lawyers locally. We have listed some Ascot conveyancing firms at the bottom of this page and you can call them to see if they are on the Virgin Money member panel
I am hoping to exchange soon on a garden flat in Ascot. Conveyancing lawyers assured me that they report fully next week. What should I be looking out for?
Your report on title for your leasehold conveyancing in Ascot should include some of the following:
specifics of the parties to the lease, for instance these could be the leaseholder, head lessor, freeholder Rent payments - what is payable and when is collected, and also know whether this will change in the future What remedies are open the freeholder should you breach a clause of your lease? You should know if the lease allows you to change or improve aspects of the property- you should be made aware as to whether it relates to all alterations or limited to structural alteration, and whether licences for alterations is required Whether the lease restricts you from subletting the property, or working from home
I am the registered owner of a 1 bedroom flat in Ascot, conveyancing was carried out 10 years ago. How much will my lease extension cost? Similar properties in Ascot with over 90 years remaining are worth £180,000. The ground rent is £65 levied per year. The lease comes to an end on 21st October 2079
With 59 years unexpired we estimate the premium for your lease extension to be between £20,900 and £24,200 plus costs.
The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive investigations. Do not use this information 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 want to be as accurate as possible in your negotiations. You should not move forward based on this information without first getting professional advice.