My wife and I own a renovated Victorian house in Laindon. Conveyancing practitioner acted for me and Birmingham Midshires. I did a free Land Registry search last week and I saw a couple of entries: the first freehold, the second leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You should 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Laindon 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 lenders. You can also check the situation with your conveyancing lawyer who completed the work.
I'm buying a new build house in Laindon benefiting from help to buy. The sellers refused to move on the price so I negotiated £7000 of extras instead. The house builders rep advised me not disclose to my solicitor about the side-deal as it could put at risk my loan with the bank. Should I keep quiet?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
My business partner and I are intending to take an assignment of a lease of an office on the high street. Can you recommend solicitors offering fixed fees for non-domestic conveyancing in Laindon for below 2k?
We can recommend firms who host a wealth of experience of commercial conveyancing in Laindon, including the sale and acquisition of businesses as well as simply property. If you are intending to purchase or lease a shop, pub, restaurant, office, retail unit or a complete business we can put you in touch with the right lawyer. As for the fees these will vary based on the structure and nuances of the proposed transaction. Please provide us with your contact information or call so as to enable us to furnish you with a detailed commercial conveyancing calculation.
What advice can you give us when it comes to finding a Laindon conveyancing practice to carry out our lease extension conveyancing?
When appointing a solicitor for lease extension works (regardless if they are a Laindon conveyancing practice) it is essential that he or she should be familiar with the legislation and specialises in this area of work. We recommend that you speak with two or three firms including non Laindon conveyancing practices prior to instructing a firm. Where the conveyancing practice is ALEP accredited then that’s a bonus. The following questions could be of use:
How familiar is the practice with lease extension legislation? If the firm is not ALEP accredited then what is the reason?
I bought a 1 bedroom flat in Laindon, conveyancing having been completed May 2006. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent properties in Laindon with an extended lease are worth £201,000. The ground rent is £45 yearly. The lease expires on 21st October 2082
You have 64 years remaining on your lease we estimate the premium for your lease extension to span between £15,200 and £17,600 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to advice on a more accurate figure without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not take any other action based on this information before seeking the advice of a professional.
My aim is to purchase a garden flat in Laindon. Conveyancing lawyer has been awaiting, from the vendor, building insurance documents. This morning I was advised that the owner must send the insurance documents for the flat above as well. Why does my conveyancer need to review the insurance for the flat above? Is it strictly required? We have been waiting for the last 2 weeks…
It is not impossible in leasehold conveyancing in Laindon to discover Conveyancing in Laindon in a minority of cases reveals that the lease obliges the leasehold owners to insure their individual flats rather than the freeholder insuring the whole building - which is definitely preferable. Do double check with your solicitor but it would appear that your property lawyer is attempting to establish that the entire building is insured. Insuring your flat is no help when it comes to rebuilding after a fire if the 1st floor cannot be reconstructed for lack of insurance cover.