It is is a decade since I purchased my house in Hall Green. Conveyancing solicitors have recently been instructed on the sale but I am unable to find the title documents. Will this cause complications?
Don’t worry too much. Firstly there is a possibility that the deeds will be with your lender or they may be in the possession of the solicitor who acted in your purchase. Secondly the likelihood is that the property will be registered at the land registry and you will be able to establish that you own the property by your conveyancing lawyers procuring up to date copy of the land registers. Most conveyancing in Hall Green involves registered property but in the unlikely event that your home is not registered it adds to the complexity but is resolvable.
I require quick conveyancing in Hall Green as I am under a deadline to complete within 2 weeks. A mortgage is not required. Is it possible to avoid the conveyancing searches to save fees and time?
If.Given you are not obtaining a home loan you are at free not to have searches conducted although no solicitor would recommend that you don't. Drawing on years of experience of conveyancing in Hall Green the following are instances of issues that can be revealed and therefore impact market value: Refused Planning Applications, Outstanding Charges, Outstanding Grants, Unadopted Roads,...
Yesterday I discovered that there is a flying freehold issue on a house I have offered on a fortnight ago in what was supposed to be a quick, chain free conveyancing. Hall Green is where the house is located. Is there any guidance you can impart?
Flying freeholds in Hall Green are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Hall Green you would need to get your solicitor to go through the deeds diligently. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Hall Green may ascertain that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
How can the Landlord & Tenant Act 1954 impact my business premises in Hall Green and how can your lawyers assist?
The particular law that you refer to provides protection to business tenants, granting the right to make a request to court for a new tenancy and remain in occupation at the end of the lease term. There are certain specified grounds that a landlord can refuse a lease renewal and the rules are complex. Fees are different for commercial conveyancing. Hall Green is one of the many locations in which our lawyers are located
What are your top tips when it comes to appointing a Hall Green conveyancing firm to carry out our lease extension conveyancing?
When appointing a conveyancer for your lease extension (regardless if they are a Hall Green conveyancing firm) it is imperative that they be familiar with the legislation and specialises in this area of work. We advise that you speak with several firms including non Hall Green conveyancing practices prior to instructing a firm. If the firm is ALEP accredited then so much the better. The following questions might be of use:
What volume of lease extensions has the firm carried out in Hall Green in the last twenty four months? What are the legal fees for lease extension work?
I own a ground floor flat in Hall Green, conveyancing was carried out 6 years ago. How much will my lease extension cost? Comparable properties in Hall Green with an extended lease are worth £176,000. The average or mid-range amount of ground rent is £55 invoiced every year. The lease runs out on 21st October 2069
With just 50 years left to run the likely cost is going to be between £31,400 and £36,200 as well as costs.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply a more accurate figure in the absence of comprehensive investigations. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.