My partner and I are buying our first house. The conveyancer has e-mailedto enquire if we wish to order supplemental conveyancing searches. We are really unsure what's relevant for conveyancing in Shoreham By Sea
The extent of Shoreham By Sea conveyancing searches should be dictated primarily on the property, the location, the possibility of any of these risks, your knowledge of the region and risks, your overall approach to risk. What matters is that you properly comprehend what information the searches could supply. You may then decide if you consider that you need that information. Where you are uncertain, ask the lawyer to advise.
It is a dozen years since I bought my property in Shoreham By Sea. Conveyancing lawyers have recently been appointed on the sale but I am unable to locate my title documents. Is this a problem?
You need not be too concerned. First there is a chance that the deeds will be with the mortgage company or they could be in the possession of the lawyers who oversaw the purchase. Secondly the likelihood is that the land will be recorded at the land registry and you will be able to establish that you are the registered owner by your conveyancing lawyers obtaining current official copies of the land registers. Nearly all conveyancing in Shoreham By Sea relates to registered property but in the rare situation where your property is unregistered it is more problematic but is resolvable.
Hoping to buy a property located in Shoreham By Sea and I am already nervous. I couldn't find anything specific about Shoreham By Sea. Conveyancing will be needed in due course but do you know about the Shoreham By Sea area? or perhaps some other tips you can share?
Rather than looking online forget looking online you should go and have a look at Shoreham By Sea. In the meantime here are some basic statistics that we found
My father-in-law has recommend that I use his lawyers for conveyancing in Shoreham By Sea. Should I use them?
There are no two ways about it the best way to choose a conveyancing practitioner is to seek referrals from friends or family who have actually experience in using the conveyancer that you are are thinking of instructing.
Back In 2004, I bought a leasehold flat in Shoreham By Sea. Conveyancing and Lloyds TSB Bank mortgage went though with no issue. A letter has just been received from someone saying they have taken over the freehold. It included a demand for arrears of ground rent dating back to 1997. The conveyancing solicitor in Shoreham By Sea who previously acted has now retired. Any advice?
The first thing you should do is contact the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. There is no need to instruct a Shoreham By Sea conveyancing practitioner to do this as you can do this on the Land Registry website for less than a fiver. You should note that in any event, even if this is the rightful landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I purchased a basement flat in Shoreham By Sea, conveyancing formalities finalised half a dozen years ago. How much will my lease extension cost? Similar flats in Shoreham By Sea with an extended lease are worth £176,000. The average or mid-range amount of ground rent is £50 charged once a year. The lease comes to an end on 21st October 2099
With just 80 years left to run we estimate the premium for your lease extension to be between £8,600 and £9,800 plus professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs without more detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be other issues that need to be taken into account and you obviously should be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information without first seeking the advice of a professional.