Are there restrictive covenants that are commonly picked up as part of conveyancing in Dudley?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the legal transfer of property in Dudley. 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 opted to have a survey done on a property in Dudley before retaining lawyers. I have been advised that there is a flying freehold overhang to the house. My surveyor advised that some banks may refuse to give a loan on this type of premises.
It varies from the lender to lender. Lloyds has different requirements from Nationwide. Should you wish to call us we can check via the appropriate lender. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Dudley. Conveyancing will be smoother if you use a solicitor in Dudley especially if they are accustomed to such properties in Dudley.
How simple is it to switch solicitor as I have to retain one who is on the Birmingham Midshires conveyancing panel. I hired a high street conveyancing solicitor in Dudley round the corner but the firm is not accepted by Birmingham Midshires
It would be our pleasure to assist you select a conveyancing solicitor in Dudley on the Birmingham Midshires panel. Please note that the conveyancers that we work with do not pay us commission if you instruct them and are fully regulated by the SRA who oversee all conveyancing solicitors in Dudley. In utilising search facility on this website, you can compare and instruct different solicitors and conveyancers both nationally and in Dudley.
I need to instruct a conveyancing solicitor for some conveyancing in Dudley. I've discover a web site which appears to be the ideal solution If there is a chance to get all this stuff completed via web that would be preferable. Should I be concerned? What are the potential pitfalls?
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?
Back In 2009, I bought a leasehold flat in Dudley. Conveyancing and Lloyds TSB Bank mortgage went though with no issue. I have received a letter from someone claiming to own the reversionary interest in the property. It included a ground rent demand for rent dating back to 1996. The conveyancing solicitor in Dudley who acted for me is not around. Any advice?
First make enquiries of HMLR to be sure that the individual claiming to own the freehold is indeed the new freeholder. You do not need to instruct a Dudley conveyancing lawyer to do this as it can be done on-line for £3. Rest assured that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I invested in buying a 1st floor flat in Dudley, conveyancing was carried out in 2011. 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? Comparable properties in Dudley with an extended lease are worth £202,000. The average or mid-range amount of ground rent is £60 charged once a year. The lease ends on 21st October 2075
With 56 years unexpired the likely cost is going to range between £29,500 and £34,000 plus legals.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs without more comprehensive investigations. Do not use this information in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information without first seeking the advice of a professional.