My wife and I own a 4 bedroom Georgian house in Dymock. Conveyancing solicitor acted for me and Aldermore. I did a free Land Registry search last week and there are two entries: one for freehold, the second leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You need to assess 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 Dymock and other locations in 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 mortgage companies. You can also enquire as to the position with the conveyancing solicitor who conducted the purchase.
About to purchase a new build flat in Dymock. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Set out below is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Dymock
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Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company?
We are a couple of weeks into a leasehold purchase having been referred to a firm by the estate agent to perform conveyancing in Dymock. I am not happy. Can you help me find new lawyers?
A lawyer would need to be very poor in order to consider diss instructing them. Has the loan offer been issued? If so you need to advise them of the new contact details and get the loan are re-sent. The conveyancer needs to be on the mortgage company panel to avoid escalating fees and complications. That should be your starting point. The find a solicitor tool can help you find a lender approved conveyancer for your conveyancing in Dymock
If all goes to plan we aim to complete the sale of our £350,000 maisonette in Dymock next Wednesday. The management company has quoted £384 for Certificate of Compliance, insurance certificate and 3 years service charge statements. Is it legal for a freeholder to charge exorbitant fees for a flat conveyance in Dymock?
Dymock conveyancing on leasehold flats usually results in fees being raised by managing agents :
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Answering conveyancing due diligence enquiries
Where consent is required before sale in Dymock
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
I invested in buying a studio flat in Dymock, conveyancing was carried out in 2012. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Dymock with a long lease are worth £195,000. The average or mid-range amount of ground rent is £45 invoiced every year. The lease runs out on 21st October 2087
With only 63 years remaining on your lease the likely cost is going to range between £16,200 and £18,600 as well as professional fees.
The figure 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 due diligence. You should not use this information in tribunal or court proceedings. 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 take any other action based on this information before getting professional advice.
A conveyancing firm dealt with my conveyancing in Dymock half a dozen years past having retained my registration certificates but has since been shut down – how do I get hold of them?
Title deeds, as such, are no longer appropriate for the majority of properties in Dymock are archived digitally at Land Registry. Should you need to establish ownership or are selling or refinancing your property lawyer should obtain up to date copies of the register from the Land Registry in any case.
If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.