It is is a decade since I acquired my property in North Acton. Conveyancing lawyers have recently been appointed on the sale but I am unable to locate the title documents. Is this a major issue?
You need not be too concerned. Firstly there is a possibility that the deeds will be kept by your mortgage company or they could stored with the lawyers who oversaw your purchase. Secondly the likelihood is that the title will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing solicitors procuring current official copies of the land registers. Almost all conveyancing in North Acton involves registered property but in the rare situation where your home is unregistered it is more tricky but is resolvable.
Just acquired a semi-detached house in North Acton , how long should it take for the Land Registry to register my ownership? My North Acton conveyancing solicitor has been painfully slow, so I want to be sure that my name is recorded.
As far as conveyancing in North Acton registration is no quicker or slower than anywhere else in England and Wales. As opposed to being determined by geographic area, timescales can adjust depending on who lodges the application, whether it is in order and whether the Land registry communicate with any 3rd persons or bodies. As of today roughly three quarters of submission are fully dealt with within 12 days but occasionally there can be protracted delays. Registration is effected once the purchaser has moved in to the premises so registration formalities is not usually top priority yet where there is a degree of urgency associated with the registration then you or your lawyers can speak with the land registry and explain the circumstances.
I'm refinancing my existing home to a buy to let mortgage with Barnsley Building Society and intend to use the remaining equity as a down payment on another house. The location we are interested in is North Acton. Will your conveyancers be able to act for both sets of banks and tie in the two deals?
Make use of our search tool on this site to be sure that the solicitors are approved by both lenders. Having checked that they are the lawyer should be able to simultaneously deal with the two conveyancing matters but you should talk with you lawyer and make apparent your expectations and needs.
I am using a search engine for the term cheap conveyancing in North Acton it shows results of many conveyancerslocally. With so much choice what is the best way to find the suitable property lawyer for me?
The best method of choosing a suitable conveyancer is via trusted recommendation, so enquire of friends and those you trust who have purchased a property in North Acton or a respected estate agent or mortgage broker. Costs for conveyancing in North Acton vary, so it's advisable to obtain a minimum of four fee calculations from different companies. Make sure that you clarify that the costs are guaranteed not to rise.
I own a leasehold house in North Acton. Conveyancing and Bank of Ireland mortgage organised. I have received a letter from someone saying they have taken over the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1995. The conveyancing practitioner in North Acton who previously acted has now retired. Do I pay?
The first thing you should do is make enquiries of HMLR to make sure that the individual purporting to own the freehold is indeed the new freeholder. There is no need to instruct a North Acton conveyancing lawyer to do this as you can do this on the Land Registry website for a few pound. You should note that regardless, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I acquired a 1st floor flat in North Acton, conveyancing was carried out March 2009. Can you shed any light on how much the price could be for a 90 year extension to my lease? Equivalent properties in North Acton with an extended lease are worth £190,000. The average or mid-range amount of ground rent is £45 levied per year. The lease runs out on 21st October 2080
With just 62 years unexpired we estimate the premium for your lease extension to span between £17,100 and £19,800 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 without more comprehensive investigations. You should not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.