Various internet forums that I have visited warn that are the primary cause of delay in Cheddar conveyancing transactions. Is that correct?
The Council of Property Search Organisations (CoPSO) published conclusions of a review by MoveWithUs that conveyancing searches do not figure within the most frequent causes of delays during the legal transfer of property. Searches are unlikely to be the root cause of delay in conveyancing in Cheddar.
I own a renovated Victorian property in Cheddar. Conveyancing practitioner acted for me and Santander. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Cheddar and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with your conveyancing lawyer who conducted the work.
I have been on the look out for a leasehold apartment up to £245,000 and identified one near me in Cheddar I like with open areas and station in the vicinity, however it's only got 52 years unexpired on the lease. I can't really find anything else in Cheddar for this price, so just wondered if I would be making a grave error purchasing a lease with such few years left?
If you need a home loan that many years may be problematic. Reduce the offer by the expected lease extension will cost if not already taken into account. If the current proprietor has owned the property for at least 2 years you may request that they commence the lease extension formalities and then assign it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer concerning this.
I am looking to sell my house. My previous solicitors has retired. I would be grateful for any recommendation of a conveyancing firm. Im based in Cheddar if that makes things easier.
Please use our search tool to help you choose a solicitor for your conveyancing in Cheddar. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs smoothly.
I need to appoint a conveyancing solicitor for residential conveyancing in Cheddar. I happened to stumble upon a site which appears to be the ideal solution If it is possible to get all formalities completed via web that would be preferable. Should I be concerned? What should out be looking out for?
As usual with these online conveyancers you need to read ALL the small print - did you notice the extra charge for dealing with the mortgage?