Despite weeks of looking the Title Certificate and documents to our house are lost. The lawyers who handled the conveyancing in Colchester 4 years ago no longer exist. Will I be able to sell the house?
Assuming you have a registered title the information relating to your proprietorship will be retained by the Land Registry with a Title Number. It is easy to execute a search at the Land Registry, locate your property and secure up to date copies of the property title for a small fee. If the property is Leasehold then the Land Registry will also normally hold a file copy of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.
I decided to have a survey completed on a house in Colchester in advance of appointing lawyers. I have been informed that there is a flying freehold overhang to the house. The surveyor has said that some mortgage companies will refuse to give a mortgage on such a property.
It depends who your proposed lender is. Santander has different instructions for example to Nationwide. If you contact us we can check with the appropriate lender. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Colchester. Conveyancing will be smoother if you use a solicitor in Colchester especially if they regularly deal with such properties in Colchester.
Do I need to be concerned by brokers that I am dealing with are suggesting a nationwide conveyancing firm as opposed to a High Street Colchester conveyancing practice?
As with lots of service providers, often input from family and friends can be very helpful. Yet there are numerous players in a conveyancing matter; estate agents, financial adviser and mortgage companies might all suggest lawyers to use. On occasion these conveyancers might be known to one of the organisations as one of the best in their field, but occasionally there might be a financial incentive behind the recommendation. You have the discretion to select your own lawyer. However, bear in mind that many mortgage providers specify a panel list of conveyancers you must use for the mortgage related work in your house move.
In my capacity as executor for the will of my father I am selling a house in Swansea but I am based in Colchester. My lawyer (approximately 250 miles from merequires that I execute a stat dec prior to completion. Can you recommend a conveyancing practitioner in Colchester to attest this legal document for me?
strictly speaking you are unlikely to need to have the documents witnessed by a conveyancing solicitor. Ordinarily or notary public or solicitor will suffice regardless of whether they are located in Colchester
Helen (my wife) and I may need to rent out our Colchester garden flat temporarily due to taking a sabbatical. We used a Colchester conveyancing practice in 2004 but they have closed and we did not have the foresight to seek any advice as to whether the lease prohibits the subletting of the flat. How do we find out?
The lease governs relations between the landlord and you the flat owner; in particular, it will set out if subletting is banned, or permitted but only subject to certain caveats. The rule is that if the lease contains no expres ban or restriction, subletting is allowed. The majority of leases in Colchester do not contain an absolute prevention of subletting – such a clause would adversely affect the market value the property. Instead, there is usually a basic requirement that the owner notifies the freeholder, possibly sending a duplicate of the tenancy agreement.
I bought a 1 bedroom flat in Colchester, conveyancing formalities finalised 7 years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Colchester with a long lease are worth £197,000. The ground rent is £55 per annum. The lease finishes on 21st October 2077
With just 56 years unexpired we estimate the price of your lease extension to range between £29,500 and £34,000 plus costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before seeking the advice of a professional.