I require fast conveyancing in Frant as I am under an ultimatum to sign on the dotted line in less than 3 weeks. A mortgage is not required. Can I avoid the conveyancing searches to save money and time?
As you are not getting a home loan you are at liberty not to do searches although no lawyer would suggest that you don't. With lots of history conveyancing in Frant the following are examples of what can crop up and therefore affect future saleability: Refused Planning Applications, Overdue Fees, Overdue Grants, Unadopted Roads,...
The deeds to my home can not be found. The lawyers who conducted the conveyancing in Frant 5 years ago are no longer around. What do I do?
Assuming the title is registered the information relating to your ownership will be documented by HMLR with a Title Number. It is easy to execute a search at the Land Registry, locate your house and secure current copies of the Registered Entries for less than a fiver. If the property is Leasehold then the Land Registry will also normally hold a certified duplicate of the Registered Lease and again, a copy can be obtained for £20 inclusive of VAT.
Just had an offer accepted on a new build flat in Frant. 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 enquiries that you can expect your new-build leasehold conveyancing in Frant
Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. There must be mutual enforceability of lessee’s covenants. 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. The Vendor must covenant to keep unsold units in good repair until long leases are granted therefore.
Having had my offer accepted I require leasehold conveyancing in Frant. Before I get started I require certainty as to the number of years remaining on the lease.
Assuming the lease is recorded at the land registry - and 99.9% are in Frant - 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 bought a garden flat in Frant, conveyancing formalities finalised in 2007. How much will my lease extension cost? Corresponding flats in Frant with an extended lease are worth £180,000. The ground rent is £65 invoiced annually. The lease ceases on 21st October 2081
With only 59 years remaining on your lease we estimate the price of your lease extension to range between £20,900 and £24,200 plus legals.
The figure above a general guide to costs for renewing a lease, but we are not able to advice on a more accurate figure in the absence of detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns 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 placing reliance on this information without first seeking the advice of a professional.
I am hoping to sell my parking space which is on a separate legal title at HMLR asking for 30k, to clear debts. There is a mortgage with RBS. Please can you recommend an inexpensive conveyancer as the conventional £800-1000 reduces the return somewhat. Although I live in Frant I dont need to use a Frant conveyancing practitioner.
LenderPanel.com is restricted to being a directory service for conveyancers who wish to be listed as being on the approved conveyancing panel for RBS in certain locations such as Frant . Our intention is not to recommend any specific property lawyer.