Can you explain why leasehold purchase conveyancing in Shenfield is more expensive?
The conveyancing costs on a leasehold premises in Shenfield is inevitably greater as compared to a freehold property. This is because there is an amount of additional time necessary in corresponding with the freeholder and management company to collate the information about whether the rent and service fee have been cleared and whether there are any large sums expected to be spent in the near future on repairs or maintenance of the block.
What is the best way to check that the solicitor handling my conveyancing in Shenfield is on the lender’sconveyancing panel? I am looking to avoid the situation of having one lawyer for me and one for Britannia thus paying £192.00 in additional legal costs.
Please do make use of the find a lender approved solicitor tool on this site. Pick the lender and type ‘Shenfield’ or your location and you will see a number of lawyer offices in Shenfield or by proximity to you.
My wife and I own a renovated Victorian property in Shenfield. Conveyancing solicitor represented me and Leeds Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, another for leasehold with the exact same address. If a house is not a freehold shouldn't I have been informed?
You should read 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 Shenfield and other locations in the country and poses no real issues for owners other than when they mortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with the conveyancing lawyer who conducted the purchase.
I am thinking of appointing a conveyancing solicitor in Shenfield for my remortgage. Is there any facility to check a solicitor's complaints history with the legal regulator?
Anyone may read published Solicitor Regulator Association (SRA) decisions stemming from inquisitions commenced on or after Jan 2008. Go to Check a solicitor's record. For information Pre 2008, or to check a solicitors history, ring 0870 606 2555, 08.00 - 18.00 any week day save for Tuesday when lines open at 9.30am. International callers, use +44 (0)121 329 6800. The regulator sometimes monitor telephone calls for training reasons.
Can you provide any top tips for leasehold conveyancing in Shenfield with the purpose of speeding up the sale process?
- Much of the delay in leasehold conveyancing in Shenfield can be bypassed if you appoint lawyers as soon as you market your property and request that they start to put together the leasehold documentation needed by the buyers’ representatives. If you are supposed to have a share in the freehold, you should ensure that you have the original share document. Arranging a duplicate share certificate is often a lengthy formality and delays many a Shenfield home move. Where a reissued share certificate is necessary, do contact the company officers or managing agents (if applicable) for this sooner rather than later. In the event that you altered the property did you need the Landlord’s consent? In particular have you laid down wooden flooring? Most leases in Shenfield state that internal structural changes or laying down wooden flooring require a licence issued by the Landlord consenting to such works. If you fail to have the approvals to hand you should not contact the landlord without contacting your lawyer before hand. You believe that you know the number of years left on your lease but it would be wise to double-check via your lawyers. A buyer’s conveyancer will be unlikely to recommend their client to to exchange contracts if the remaining number of years is less than 75 years. In the circumstances it is essential at an as soon as possible that you identify whether the lease requires a lease extension. If it does, contact your solicitors before you put your home on the market for sale.
Shenfield Leasehold Conveyancing - Examples of Queries Prior to Purchasing
What restrictions are contained in the Shenfield Lease? How many of the leaseholders are in arrears for their maintenance charge payments?