Despite weeks of looking the Title Certificate and documents to our property can not be found. The lawyers who did the conveyancing in Perton 5 years ago no longer exist. What do I do?
Assuming the title is registered the details of your ownership will be evidenced by the Land Registry with a Title Number. It is possible to perform a search at the Land Registry, locate your house and order current copies of the property title for a small fee. If the title is Leasehold then the Land Registry will in most cases retain a certified duplicate of the Registered Lease and again, a copy can be ordered for twenty pounds.
I've recently found out that there is a flying freehold issue on a property I have offered on a fortnight ago in what was supposed to be a quick, no chain conveyancing. Perton is where the house is located. Is there any guidance you can give?
Flying freeholds in Perton are rare but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Perton you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Perton may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
I'm remortgaging my primary house to a buy to let loan with Coventry Building Society and intend to use the remaining equity towards a second house. The location we are looking at is Perton. Will your lawyers be able to act for the two lenders and link together the transactions?
Do use our search tool on this page to be sure that the lawyers are on the appropriate lender panels. Assuming that they are the solicitor should be able to tie up the two conveyancing matters but you should talk with you lawyer and make apparent your desired outcome and requirements.
My uncle has recommend that I instruct his conveyancers in Perton. Do I take his advice?
Much as we are happy to recommend a Perton conveyancing lawyer the best way to choose a conveyancing solicitor is to seek guidance from friends or family who have experience in using the firm you're considering.
I have recently realised that I have 72 years left on my lease in Perton. I now want to extend my lease but my freeholder is absent. What should I do?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the magistrate. However, you will be required to demonstrate that you or your lawyers have used your best endeavours to locate the lessor. On the whole an enquiry agent should be useful to carry out a search and to produce an expert document which can be used as evidence that the landlord is indeed missing. It is wise to seek advice from a property lawyer both on investigating the landlord’s disappearance and the application to the County Court overseeing Perton.
I purchased a ground floor flat in Perton, conveyancing having been completed February 2000. Can you let me have an estimated range of the fair premium for a lease extension? Corresponding properties in Perton with an extended lease are worth £181,000. The ground rent is £55 charged once a year. The lease comes to an end on 21st October 2069
With just 50 years remaining on your lease we estimate the premium for your lease extension to range between £31,400 and £36,200 plus costs.
The figure above a general guide to costs for extending a lease, but we cannot give you a more accurate figure without more comprehensive investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Neither should you move forward placing reliance on this information before getting professional advice.