Willretaining a Millwall conveyancing practice make the legal transfer of property easier?
In the main conveyancing practitioners in your location will benefit from excellent relationships with your local authority, which can assist with your Millwall conveyancing searches that your conveyancer will need to carry out. It also helps if they enjoy good rapport with the Local Land Registry Office your area Millwall, other conveyancers in the location and Millwall selling agents.
It is 10 years ago since I purchased my home in Millwall. Conveyancing lawyers have just been appointed on the sale but I can't locate my deeds. Will this jeopardise the sale?
Don’t worry too much. Firstly the deeds may be kept by the mortgage company or they may be archived with the conveyancers who acted in the purchase. Secondly in all probability the property will be recorded at the land registry and you will be able to prove you own the property by your conveyancing lawyers acquiring current official copies of the land registers. Nearly all conveyancing in Millwall relates to registered property but in the unlikely event that your home is not registered it adds to the complexity but is not insurmountable.
It has been 2 months following my purchase conveyancing in Millwall concluded. I have checked the Land Registry website which shows that I paid £175,000 when infact I paid £180,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the advice of my in-laws I had a survey completed on a house in Millwall before retaining lawyers. I have been told that there is a flying freehold overhang to the house. The surveyor advised that some mortgage companies tend not grant a mortgage on such a property.
It varies from the lender to lender. Lloyds has different instructions from Birmingham Midshires. If you contact us we can check with 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 Millwall. Conveyancing will be smoother if you use a solicitor in Millwall especially if they are familiar with such properties in Millwall.
Having had my offer accepted I require leasehold conveyancing in Millwall. Before I set the wheels in motion I would like to find out the number of years remaining on the lease.
If the lease is registered - and almost all are in Millwall - then the leasehold title will always include the basic details 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 own a basement flat in Millwall. Given that I can not reach agreement with the freeholder, can the Leasehold valuation Tribunal determine the premium payable for a lease extension?
Most certainly. We are happy to put you in touch with a Millwall conveyancing firm who can help.
An example of a Freehold Enfranchisement matter before the tribunal for a Millwall premises is 12, 14 & 16 Hull Close in May 2010. the Tribunal determined that the premium payable for the acquisition of the freehold to the subject premises was the sum of £18,300 This case related to 3 flats. The unexpired term was 101.61 years.