Me and my brother purchased a terraced Edwardian house in Egremont. Conveyancing practitioner acted for me and Birmingham Midshires. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold with the exact same address. Is it worth asking Birmingham Midshires to clarify?
You should 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 Egremont and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing practitioner who carried out the work.
Just had an offer accepted on a new build flat in Egremont. Conveyancing is daunting 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.
Here are examples of a few leasehold new build questions that you may expect your new-build leasehold conveyancing in Egremont
Please supply a car parking plan. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? 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. Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
Is it simple use your search facility to choose a conveyancing lawyer in Egremont on the approved list for my lender?
Step one is to choose a mortgage company such as Santander, Leeds Building Society or Nottingham Building Society then choose your location for example Egremont. Conveyancing practices in Egremont and nationally should be listed.
I am in need of some leasehold conveyancing in Egremont. Before diving in I want to be sure as to the number of years remaining on the lease.
If the lease is recorded at the land registry - and most are in Egremont - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I inherited a split level flat in Egremont, conveyancing was carried out September 2003. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Egremont with a long lease are worth £190,000. The ground rent is £45 yearly. The lease terminates on 21st October 2083
With just 62 years remaining on your lease we estimate the premium for your lease extension to range between £17,100 and £19,800 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed investigations. Do not use the figures in tribunal or court proceedings. There may be other issues that need to be considered and clearly you should be as accurate as possible in your negotiations. Please do not move forward based on this information before seeking the advice of a professional.
Is it the case that all Egremont conveyancers on every bank conveyancing panel?
You can use our search tool or you can drop into your local bank branch in Egremont. the probability is that they will know some good conveyancing solicitors in Egremont