Just acquired a terraced house in Danbury , What is the estimated time for the Land Registry to record my proprietorship? My Danbury conveyancing solicitor has been very slow, so I want to be certain the post completion formalities are addressed.
As far as conveyancing in Danbury registration is no quicker or slower than the rest of England and Wales. Rather than based on location, timeframes can differ subject to the party submitting the application, whether it is in order and if the Land registry communicate with any other persons or bodies. At present approximately 80% of submission are fully dealt with within 12 days but some can be subject to extensive delays. Registration takes place after the buyer is living at the premises so 'speed' is not usually primary concern yet if it is urgent that the the registration takes place urgently then you or your solicitor can speak with the land registry and explain the circumstances.
I am buying a new build flat in Danbury. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build legal work.
Set out below is a sample of a few leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Danbury
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Please supply evidence that the form of Lease proposed has been approved by the Land Registry. There must be mutual enforceability of lessee’s covenants. The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal.
What does commercial conveyancing in Danbury cover?
Commercial conveyancing in Danbury incorporates a broad array of advice, provided by qualified solicitors, relating to business premises. By way of example, this type of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing business tenancies or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial mortgages and the termination of leases.
I've recently bought a leasehold house in Danbury. Do I have any liability for service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. It is an essential part of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I inherited a garden flat in Danbury, conveyancing having been completed February 2007. Can you give me give me an indication of the likely cost of a lease extension? Comparable properties in Danbury with a long lease are worth £206,000. The ground rent is £45 invoiced every year. The lease runs out on 21st October 2091
With 66 years left to run we estimate the premium for your lease extension to span between £11,400 and £13,200 as well as plus your own and the landlord's "reasonable" professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure in the absence of comprehensive due diligence. Do not use this information in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first getting professional advice.
My a decade ago. He has got married, widowed and in recent months got married again. He now wishes to the sell the Danbury property. I think he will simply be need to supply copies of the marriage certificates to the conveyancing practitioner however he is concerned it could frustrate the conveyancing. Should he appoint a property lawyer to update the Land Registry information for the house?
The is no need to bring up to date the title for the property providing you have the evidence needed to show how the name change occurred.
The buyer’s solicitor will review the registered information and require evidence to prove the change of name e.g. marriage certificates.