Me and my brother purchased a terraced Georgian house in Corby. Conveyancing lawyer represented me and . I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, the second leasehold with the matching property. I'd like to know for sure, how can I find out??
You need to 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 Corby and other areas of the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the situation with the conveyancing solicitor who conducted the purchase.
How does conveyancing in Corby differ for new build properties?
Most buyers of new build premises in Corby approach us having been asked by the seller to exchange contracts and commit to the purchase even before the residence is built. This is because house builders in Corby tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Corby or who has acted in the same development.
I am looking for a leasehold apartment up to £195,000 and found one round the corner in Corby I like with a park and station nearby, however it's only got 61 remaining years left on the lease. I can't really find anything else in Corby for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
If you need a home loan the remaining unexpired lease term will likely be problematic. Reduce the offer by the expected lease extension will cost if it has not already been discounted. If the current proprietor has owned the premises for at least 2 years you could ask them to start the process of the extension and pass it to you. You can add 90 years to the existing lease term and have £0 ground rent by law. You should speak to your conveyancing solicitor concerning this.
My company is looking to take an assignment of a lease of a shop on a shopping parade. Can you recommend lawyers offering no-move-no fees for non-domestic conveyancing in Corby for under £1,200?
We can recommend firms who have specialist knowledge of commercial conveyancing in Corby, including the sale and purchase of businesses as well as simply property. Whether you are intending to buy or sell a shop, pub, restaurant, office, retail unit or a whole business we can put you in touch with the right firm. As for the charges this will depend on the structure and terms of the proposed transaction. Let us have your contact information or phone us so that we can furnish you with a fixed commercial conveyancing quote.
How diverse are the property law services that Corby conveyancing practices deal with?
Most Corby conveyancing organisations can supply a wide sphere of services to residential and rural land proprietors, sellers, buyers, freeholders and tenants helping outwith some of the following:
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House sale conveyancing in Corby or throughout the rest of the country
Home purchase conveyancing in Corby and nationwide
Buying and selling of garden land
Leasehold conveyancing sales and purchases
Freeholds or leaseholds having unregistered titles
Estate Conveyancing