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Recently asked questions about conveyancing in North Newbald

A colleague suggested that where I am purchasing in North Newbald I should carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?

This is a search is usually quoted for as part of the standard North Newbald conveyancing searches. It is not a small document of about 40 pages, listing and setting out significant information about North Newbald around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, North Newbald Education with plans and statistics, Local Amenities and other useful information regarding North Newbald.

I have justbeen informed that Stirling Law have closed. They conducted my conveyancing in North Newbald for a purchase of a freehold house 18 months ago. How can I establish that my home is not still registered in the name of the previous owner?

The quickest method to see if the property is in your name, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of North Newbald conveyancing specialists.

What does commercial conveyancing in North Newbald cover?

Non domestic conveyancing in North Newbald covers a broad array of services, supplied by regulated solicitors, relating to business premises. By way of example, this area of conveyancing can cover the sale or purchase of freehold business premises or, more commonly, the assignment of existing leases or the drafting of new leasing arrangements. Commercial conveyancing solicitors can also offer advice on the sale of business assets, commercial loans and the termination of leases.

I have just started marketing my ground floor flat in North Newbald. Conveyancing is yet to be initiated, but I have just received a yearly maintenance charge invoice – Do I pay up?

The sensible thing to do is discharge the maintenance contribution as you normally would given that all rents and maintenance charges should be apportioned as part of the financial calculations for completion monies, so you should recover the relevant percentage by the buyer for the period running from after the completion date to the subsequent invoice date. Most management companies will not acknowledge the buyer until the service charges have been paid and are up to date, so it is important for both buyer and seller for the seller to show that they are up to date. This will smooth the conveyancing process.

I purchased a ground floor flat in North Newbald, conveyancing having been completed in 2012. Can you work out an approximate cost of a lease extension? Similar properties in North Newbald with a long lease are worth £176,000. The average or mid-range amount of ground rent is £50 per annum. The lease ends on 21st October 2102

With just 80 years left to run we estimate the premium for your lease extension to be between £8,600 and £9,800 as well as costs.

The figure above a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. You should not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be taken into account and clearly you 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.

A conveyancing firm handled my conveyancing in North Newbald half a dozen years past having stored my registration certificates but has since been shut down – how do I get hold of these?

Deeds, as such, no longer exist as the majority of properties in North Newbald are archived electronically at Land Registry. Should you need to prove ownership or are selling or refinancing your lawyer can obtain up to date copies of the register from the Land Registry in any case.

If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned with reasonable haste.

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