How up to date is your search tool for Shinfield and Arborfield conveyancing solicitors on the RBS conveyancing panel? Do RBS send you an updated list?
Shinfield and Arborfield conveyancing firms themselves provide us confirmation that they are on the RBS conveyancing panel as opposed to being supplied with a list from RBS directly.
I have recentlybecome aware that Action Conveyancing have been shut down. They carried out my conveyancing in Shinfield and Arborfield for a purchase of a freehold house 9 months ago. How can I check that my home is not still registered in the name of the previous owner?
The quickest way to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Shinfield and Arborfield conveyancing specialists.
Just had an offer accepted on a new build apartment in Shinfield and Arborfield. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build legal work.
Here is a sample of a few leasehold new build questions that you can expect your new-build leasehold conveyancing in Shinfield and Arborfield
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Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? Please supply a car parking plan. Forfeiture - bankruptcy or liquidation must not apply under this provision. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Please supply evidence that the form of Lease proposed has been approved by the Land Registry.
Due to the encouragement of my in-laws I had a survey completed on a house in Shinfield and Arborfield prior to instructing lawyers. I have been informed that there is a flying freehold aspect to the property. Our surveyor has said that some mortgage companies tend refuse to grant a loan on this type of property.
It depends who your proposed lender is. Santander has different requirements from Halifax. Should you wish to telephone us we can check with the relevant mortgage company. If you lender is happy to lend one our lawyers can assist as they are used to dealing with flying freeholds in Shinfield and Arborfield. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Shinfield and Arborfield to see if the conveyancing will be more expensive.
I own a leasehold flat in Shinfield and Arborfield. Conveyancing and The Mortgage Works mortgage organised. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a ground rent demand for rent dating back to 1991. The conveyancing solicitor in Shinfield and Arborfield who previously acted has now retired. Any advice?
The first thing you should do is contact HMLR to be sure that this person is indeed the new freeholder. You do not need to incur the fees of a Shinfield and Arborfield conveyancing practitioner to do this as it can be done on-line for a few pound. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I own a leasehold flat in Shinfield and Arborfield, conveyancing was carried out April 2002. Can you please calculate a probable premium for a statutory lease extension? Equivalent flats in Shinfield and Arborfield with an extended lease are worth £190,000. The average or mid-range amount of ground rent is £65 invoiced every year. The lease terminates on 21st October 2086
With 61 years unexpired we estimate the premium for your lease extension to range between £18,100 and £20,800 plus costs.
The figure above a general guide to costs for renewing a lease, but we are not able to supply the actual costs in the absence of detailed investigations. You should not use this information in tribunal or court proceedings. There are no doubt other issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information before seeking the advice of a professional.