My fiance’s sister is a property lawyer. I suspect that I will receive preferential rates for conveyancing, but if not, what kind of figure would I typically be looking at for conveyancing in Nag's Head?
Do contrast pricing. Do use our search tool on this page. Whilst quotes will be different but the service one can expect differ between law firms as is true with most professions.
Last March we completed a house move in Nag's Head. We have since encountered a number of issues with the property which we believe were omitted in the conveyancing searches. Do we have any recourse? What searches should? have been conducted as part of conveyancing in Nag's Head?
It is not clear from the question as what problems have arisen and if they are unique to conveyancing in Nag's Head. Conveyancing searches and investigations undertaken as part of the buying process are supposed to help avoid problems. As part of the legal transfer of property, a property owner answers a form known as a Seller’s Property Information Form. If the information provided is inaccurate, then you may have a claim against the seller for any losses that you have suffered. The survey should have identified any problems with the structure of the property. Assuming a detailed survey was carried out and the issues were not identified, you may have a claim against the surveyor. However, if you did not have a full survey, you may be responsible for fixing any defects that have now been noted. We would always encourage buyers to take every possible step to ensure they are completely aware of the condition of a property before purchase regardless of whether they are buying in Nag's Head.
We are expecting a mortgage offer soon. The lender mentioned the home loan came with free conveyancing. Does this mean I have to instruct their panel solicitor as I would much rather use a high street conveyancing solicitor in Nag's Head?
Do check but the chances are that appoint one of their panel solicitors should you want the "fee-free" deal. Call the mortgage company to determine if they allow a monetary alternative. Some lenders have previously offered a £250 cashback as an alternative in which case that money can go towards the cost for your conveyancing solicitor in Nag's Head.
Due to the advice of my in-laws I had a survey completed on a property in Nag's Head ahead of appointing conveyancers. I have been advised that there is a flying freehold overhang to the property. My surveyor has said that some lenders may not issue a loan on such a property.
It depends who your proposed lender is. Santander has different instructions for example to Halifax. Should you wish to telephone us we can look into this further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are accustomed to dealing with flying freeholds in Nag's Head. Conveyancing may be slightly more expensive based on your lender's requirements.
I have recently realised that I have Fifty years left on my flat in Nag's Head. I am keen to get lease extension but my landlord is missing. What should I do?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for an order to dispense with the service of the initial notice. This will enable the lease to be lengthened by the Court. You will be obliged to demonstrate that you or your lawyers have made all reasonable attempts to track down the freeholder. In some cases an enquiry agent would be helpful to carry out a search and to produce an expert document to be accepted by the court as evidence that the landlord can not be located. It is wise to seek advice from a solicitor in relation to investigating the landlord’s absence and the vesting order request to the County Court overseeing Nag's Head.
I have tried to negotiate informally with with my landlord for a lease extension without success. Can a leaseholder apply to the Leasehold Valuation Tribunal? Can you recommend a Nag's Head conveyancing firm to help?
if there is a missing landlord or if there is disagreement about the premium for a lease extension, under the relevant statutes you can apply to the First-tier Tribunal (Property Chamber) to judgment on the sum to be paid.
An example of a Freehold Enfranchisement case for a Nag's Head premises is 51 Lorne Road in November 2009. The price Payable as decided by the tribunal for the freehold reversion was £27,000. The valuation follows the order of the County Court made on 3 April 2008 granting a vesting order. This case affected 1 flat. The unexpired lease term was 71 years.