It is a dozen years since I purchased my house in Church Stretton. Conveyancing solicitors have recently been retained on the sale but I am unable to find my title deeds. Will this jeopardise the sale?
You need not be too concerned. First there is a possibility that the deeds will be kept by the mortgage company or they may stored with the solicitor who handled the purchase. Secondly the chances are that the title will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers procuring current official copies of the land registers. The vast majority of conveyancing in Church Stretton relates to registered property but in the rare situation where your home is not registered it is more of a problem but is resolvable.
I am told that my conveyancing solicitors will need to check that the building insurance for my purchase of a house in Church Stretton. My lender is Platform
Platform have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 9/7/2019, the requirements read as follows :
Will commercial conveyancing searches disclose proposed roadworks that may impact a commercial premises in Church Stretton?
Many commercial conveyancing solicitors in Church Stretton will conduct a SiteSolutions Highways report as it dramatically cuts the time that conveyancers invest in looking into accurate data on highways that impact buildings and development assets in Church Stretton. The search result sets out definitive information on the adoption status of roads, footpaths and verges, as well as the implication of traffic schemes and the rights of way surrounding a commercial development sites in Church Stretton.
For every commercial conveyancing transaction in Church Stretton it is crucial to investigate the adoption status of roads surrounding a site. Failure to identify developments where adoption procedures have not been addressed adequately may cause delays to Church Stretton commercial conveyancing transactions as well as pose a risk to future plans for the site. These searches are not conducted for domestic conveyancing in Church Stretton.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Church Stretton?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Church Stretton. 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…’
I own a leasehold house in Church Stretton. Conveyancing and Yorkshire Building Society mortgage are in place. I have received a letter from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1997. The conveyancing practitioner in Church Stretton who previously acted has now retired. What should I do?
The first thing you should do is make enquiries of HMLR to make sure that this person is indeed the registered owner of the freehold reversion. It is not necessary to instruct a Church Stretton conveyancing lawyer to do this as you can do this on the Land Registry website for less than a fiver. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I am the registered owner of a basement flat in Church Stretton, conveyancing having been completed 10 years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Church Stretton with a long lease are worth £191,000. The average or mid-range amount of ground rent is £55 yearly. The lease ends on 21st October 2073
With only 54 years remaining on your lease we estimate the price of your lease extension to span between £31,400 and £36,200 plus legals.
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 detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.