It is a dozen years since I purchased my house in Ongar. Conveyancing lawyers have just been retained on the sale but I am unable to locate the deeds. Is this a problem?
You need not be too concerned. First there is a chance that the deeds will be retained by your mortgage company or they could be in the possession of the conveyancers who handled the purchase. Secondly the chances are that the property will be recorded at the land registry and you will be able to prove you are the registered owner by your conveyancing lawyers acquiring up to date copy of the land registers. Most conveyancing in Ongar involves registered property but in the unlikely event that your property is unregistered it adds to the complexity but is not insurmountable.
What can a local search tell me about the house I am buying in Ongar?
Ongar conveyancing often commences with the ordering local authority searches directly from your local Authority or through a personal search organisations for instance Xpress Legal The local search plays an important part in most Ongar conveyancing purchase; that is if you wish to avoid any unpleasant surprises after you move into your new home. The search will supply information on, amongst other things, details on planning applications relevant to the premises (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 topic headings.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Ongar. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here is a sample of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Ongar
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Forfeiture - bankruptcy or liquidation must not apply under this provision. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Investor purchasers must be able to freely grant unsecured tenancies at market rents without requiring any consents. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified.
How do I search for a Ongar law firm on the Bank of Ireland conveyancing panel? I have a car and am willing to travel upto 20kilometers to meet the conveyancer.
You can use the tool on this page. Please select a bank and your location and you will see a number of Ongar conveyancing lawyers based on proximity. We have listed some Ongar conveyancing firms at the bottom of this page and you can call them to check whether they are on the Bank of Ireland member panel
Back In 2006, I bought a leasehold flat in Ongar. Conveyancing and Nationwide Building Society mortgage are in place. A letter has just been received from someone claiming to own the reversionary interest in the property. Attached was a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in Ongar who previously acted has now retired. What should I do?
First contact HMLR to make sure that this person is indeed the registered owner of the freehold reversion. It is not necessary to incur the fees of a Ongar conveyancing practitioner to do this as you can do this on the Land Registry website for a few pound. Rest assured that regardless, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I bought a garden flat in Ongar, conveyancing was carried out 3 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Ongar with an extended lease are worth £211,000. The ground rent is £50 charged once a year. The lease comes to an end on 21st October 2093
With 68 years left to run we estimate the price of your lease extension to span between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information without first getting professional advice.