I am need of leasehold conveyancing for a flat in a fairly new development (6 years old) in Sedgefield. 95% of the properties are already sold. Is it strictly necessary to order local searches as part of conveyancing in Sedgefield?
Where you are obtaining a mortgage, your bank will require some (many) of the searches so you'll have no choice. If not, then Sedgefield conveyancing searches are optional. Your solicitor, will 'advise', perhaps strongly, that you should have the searches done, but he or she has a professional duty to do this. One thing to bear in mind; if you are likely to sell the house one day, it may be of interest to your future buyer what the searches contain. Sometimes houses with no practical issues can still throw up adverse search results. But if you demand that your lawyer to proceed without searches then your lawyer will have to follow your instructions or ask you to appoint a different lawyer for your conveyancing in Sedgefield.
My partner and I are selling our property in Sedgefield and the buyers lawyers are claiming that there is a possibility that the property was built land that was not decontaminated. Any high street Sedgefield lawyer would know this is not the case. It does beg the question why the purchasers used a web based conveyancing practice as opposed to a conveyancing solicitor in Sedgefield. Having lived in Sedgefield for 5 years we know of no issue. Should we get in touch with our local Authority to obtain confirmation need.
It sounds as though you may have a conveyancing firm currently acting for you. Are they able to advise? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same sickness)
I'm converting the mortgage on my current house to a BTL mortgage with Bank of Ireland and I will use the ballance of the raised equity towards another house. The area we are looking at is Sedgefield. Will your conveyancers be able to act for the two banks and link together the transactions?
Do use our comparison tool on this site to be sure that the conveyancers are on the relevant lender panels. Assuming that they are your lawyer will be able to simultaneously deal with the two conveyancing matters but you should talk with you conveyancer and make apparent your desired outcome and needs.
I need to instruct a conveyancing solicitor in Sedgefield for my home move. Is there any facility to check a solicitor's record with the legal regulator?
Anyone can see documented Solicitor Regulator Association (SRA) determinations resulting from inquisitions started on or after Jan 2008. Go to Check a solicitor's record. To find records Pre 2008, or to check a solicitors record, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. For callers outside the UK, use +44 (0)121 329 6800. The regulator may monitor call for training purposes.
I am on look out for some leasehold conveyancing in Sedgefield. Before I set the wheels in motion I require certainty as to the number of years remaining on the lease.
Assuming the lease is recorded at the land registry - and almost all are in Sedgefield - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I am the registered owner of a split level flat in Sedgefield, conveyancing having been completed in 2010. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Sedgefield with an extended lease are worth £201,000. The average or mid-range amount of ground rent is £45 invoiced annually. The lease terminates on 21st October 2085
With only 64 years left to run the likely cost is going to be between £15,200 and £17,600 plus plus your own and the landlord's "reasonable" professional fees.
The suggested premium range that we have given is 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 concerns that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first getting professional advice.