Finally, a mortgage offer from Nationwide for the refinancing of my single room flat is to be issued any day now. Are you able to suggest a cheap conveyancing practitioner in Rochdale?
You have come to the wrong site to search for the lowest fares for conveyancing in Rochdale. Our intention is to offer excellent value conveyancing but we do not aim to work with the cheapest lawyers. Do not be swayed by organisations seducing you with ninety nine pound conveyancing in Rochdale. Optimistically, in choosing a lawyer for low cost conveyancing, you will end up with what you pay for and at worst it will result in you being stung for additional fees and still not end up with the service required.
Me and my brother have a semi-detached Georgian property in Rochdale. Conveyancing practitioner acted for me and Norwich and Peterborough Building Society. I did a free Land Registry search last week and I saw two entries: one for freehold, the second leasehold under the exact same property. I thought I was buying a freehold how can I check?
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Rochdale and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with purchasers. You can also check the position with the conveyancing solicitor who conducted the conveyancing.
We're new to the buying process - had an offer accepted, but the agent has warned us that the owners will only issue a contract if we appoint the agent's recommended lawyers as they want a ‘quick sale’. My instinct tells me that we should use a family solicitor accustomed to conveyancing in Rochdale
We suspect that the seller is unaware of this requirement. Should the seller desire ‘a quick sale', taking such a hostile approach to a serious purchaser is is going to put the whole deal at risk. Try to communicate with the vendors directly and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you have nothing to sell (d) you wish to move quickly (e)however you are going to use your own,trusted Rochdale conveyancing solicitors - not the ones that will give the estate agent a introducer fee or meet his conveyancing figures set by senior management.
I've recently bought a leasehold flat in Rochdale. Do I have any liability for service charges relating to a period prior to my ownership?
In a situation where the service charge has already been demanded from the previous owner and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I am the registered owner of a split level flat in Rochdale, conveyancing formalities finalised half a dozen years ago. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Rochdale with an extended lease are worth £195,000. The average or mid-range amount of ground rent is £45 yearly. The lease runs out on 21st October 2082
You have 63 years left to run we estimate the price of your lease extension to range between £16,200 and £18,600 as well as costs.
The figure above a general guide to costs for renewing a lease, but we cannot give you the actual costs in the absence of detailed due diligence. Do not use the figures in tribunal or court proceedings. There may be other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.
The conveyancing solicitors handling our conveyancing in Rochdale has sent documents to review that state the property is unregistered with epitome documents. Surely all properties in Rochdale should be registered?
It is unusual for premises in Rochdale to be unregistered. An 'epitome' is basically a dossier of photocopies of documents affecting an unregistered title. Plenty of Rochdale conveyancing practitioners will be able to handle such matters but if any uncertainty exists the prevailing proposition nowadays is for the current owners to undertake the registration formalities first and thereafter deal with the sale conveyance - this this chain of events will result in a drawn-out home move.