Me and my brother own a terraced Georgian property in Leagrave and Chalton. Conveyancing practitioner represented me and Nationwide Building Society. I did a free Land Registry search last week and there are a couple of entries: one for freehold, another for leasehold with the exact same address. I'd like to know for sure, how can I find out??
You should review 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 Leagrave and Chalton and other areas of the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with lenders. You can also check the situation with the conveyancing practitioner who conducted the conveyancing.
How does conveyancing in Leagrave and Chalton differ for newly converted properties?
Most buyers of new build premises in Leagrave and Chalton approach us having been asked by the housebuilder to sign contracts and commit to the purchase even before the premises is ready to move into. This is because builders in Leagrave and Chalton tend to purchase the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct property lawyers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Leagrave and Chalton or who has acted in the same development.
I am looking for a leasehold apartment up to £245,000 and identified one round the corner in Leagrave and Chalton I like with open areas and station nearby, the downside is that it's only got 52 years unexpired on the lease. There is not much else in Leagrave and Chalton for this price, so just wondered if I would be making a grave error acquiring a lease with such few years left?
Should you require a mortgage the shortness of the lease will be problematic. Discount the price by the expected lease extension will cost if not already taken into account. If the current owner has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease term and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
I am downsizing from my home. My former conveyancers has retired. It would be helpful to have a recommendation of a conveyancing firm. Im based in Leagrave and Chalton if that makes a difference.
Do use our search tool to help you find a solicitor for your conveyancing in Leagrave and Chalton. We have connected thousands of home buyers and sellers with lender approved solicitors to ensure that the legalities of their house move runs with a minimum of fuss.
I am using a search engine for the phrase cheap conveyancing in Leagrave and Chalton it shows results of numerous solicitorslocally. With so much choice what is the best way to find the suitable solicitor for purchase transaction?
The ideal method of finding a suitable conveyancer is through a personal recommendation, so seek the opinion of friends and family who have bought a property in Leagrave and Chalton or the respected estate agent or mortgage broker. Costs for conveyancing in Leagrave and Chalton vary, so it's sensible to secure at least three estimates from varying types of solicitors. Dont forget to clarify that the charges are guaranteed not to rise.