How up to date is your database of Hurworth solicitors on the Lloyds conveyancing panel? Do Lloyds send you an updated list?
Hurworth conveyancing firms themselves provide us confirmation that they are on the Lloyds conveyancing panel as opposed to being supplied with a list from Lloyds directly.
Me and my brother have a semi-detached Victorian house in Hurworth. Conveyancing solicitor represented me and HSBC Bank. I did a free Land Registry search last week and there are a couple of entries: the first freehold, the second leasehold with the matching address. I'd like to know for sure, how can I find out??
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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Hurworth and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the position with the conveyancing solicitor who completed the work.
Due to the encouragement of my in-laws I had a survey completed on a house in Hurworth in advance of appointing lawyers. I have been informed that there is a flying freehold element to the house. My surveyor has said that some banks may refuse to grant a mortgage on such a premises.
It depends who your proposed lender is. Santander has different instructions from Halifax. If you call us we can check via the appropriate bank. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Hurworth. Conveyancing may be slightly more expensive based on your lender's requirements.
What is different about your site and other online quote calculators for conveyancing in Hurworth?
At this site obtain a conveyancing quote via a Solicitor or Licensed Conveyancer that appreciates the issues for your conveyancing in Hurworth. Unlike many estate agents and brokerage sites we do not charge firms a fee if you choose them for your property ownership legalities in Hurworth
Looking forward to exchange soon on a ground floor flat in Hurworth. Conveyancing solicitors have said that they will have a report out to me tomorrow. What should I be looking out for?
Your report on title for your leasehold conveyancing in Hurworth should include some of the following:
Ground rent - how much and when you need to pay, and be on notice if this will change in the future You need to be informed what constitutes a Nuisance as far as the lease is concerned Who has the liability for maintaining the window frames Your lawyers should enable you to have an understanding of the insurance requirements Does the lease require carpeting throughout thus preventing wood flooring?
I purchased a basement flat in Hurworth, conveyancing formalities finalised in 2010. Can you give me give me an indication of the likely cost of a lease extension? Similar flats in Hurworth with a long lease are worth £186,000. The average or mid-range amount of ground rent is £55 per annum. The lease ceases on 21st October 2073
You have 52 years unexpired we estimate the premium for your lease extension to span between £29,500 and £34,000 as well as professional fees.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of detailed due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be 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 based on this information without first seeking the advice of a professional.