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Recently asked questions about conveyancing in Stockbridge Village

Our lawyer has discovered a defect with the lease for the property we are purchasing in Stockbridge Village. The seller’s lawyers have suggested defective title insurance as a workaround. We are happy with insurance and will pay for it. Our lawyer says that he must check that the lender is willing to move forward with this solution. Are we the client or is the lender?

The short answer to your last question is that, notwithstanding the risk of a conflict of interest, you and the mortgage company are the client. Your conveyancing practitioner must comply with the UK Finance Lenders’ Handbook provisions. The UK Finance Lenders’ Handbook conditions require your lawyer to disclose issues such as defects with the lease so that the bank can be afforded the opportunity to check with their valuer as to the extent that the value of the property is affected. Should you refuse to allow your lawyer to make the appropriate notification then your conveyancer will have no choice but to discontinue acting for you.

Do I need to take out insurance to protect me from financial exposure to chancel repairs when purchasing a house in Stockbridge Village?

Unless a previous purchase of the house took place post 12 October 2013 you could expect solicitors conducting conveyancing in Stockbridge Village to remain recommending a chancel search and or chancel repair liability insurance.

In what way can the Landlord & Tenant Act 1954 impact my business property in Stockbridge Village and how can you help?

The 1954 Act affords a safeguard to commercial lessees, granting the dueness to make a request to court for a renewal lease and continue in occupation when the lease reaches an end. There are certain specified grounds that a landlord can refrain from granting a lease renewal and the rules are complicated. We are happy to direct you to commercial conveyancing firms who use the act to your advantage and help with commercial conveyancing in Stockbridge Village

I want to sublet my leasehold apartment in Stockbridge Village. Conveyancing solicitor who did the purchase is retired - so can't ask him. Is permission from the freeholder required?

Notwithstanding that your last Stockbridge Village conveyancing solicitor is no longer around you can review your lease to see if you are permitted to let out the property. The rule is that if the deeds are silent, subletting is allowed. There may be a precondition that you are obliged to obtain permission via your landlord or some other party before subletting. The net result is that you cannot sublet in the absence of prior permission. Such consent must not not be unreasonably withheld. If the lease prohibits you from letting out the property you will need to ask your landlord for their consent.

I invested in buying a garden flat in Stockbridge Village, conveyancing formalities finalised October 1995. How much will my lease extension cost? Comparable properties in Stockbridge Village with an extended lease are worth £179,000. The ground rent is £65 charged once a year. The lease finishes on 21st October 2076

With just 57 years left to run the likely cost is going to be between £26,600 and £30,800 as well as plus your own and the landlord's "reasonable" professional fees.

The figure above a general guide to costs for renewing a lease, but we are not able to provide a more accurate figure in the absence of comprehensive investigations. You should not use the figures in tribunal or court proceedings. There are no doubt other concerns that need to be considered and clearly you should be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.

A conveyancing company dealt with my conveyancing in Stockbridge Village seven years past and was holding my registration documents but has now closed – how do I retreive these?

Title deeds, as such, are no longer appropriate for most properties in Stockbridge Village are recorded electronically at Land Registry. Where you need to establish evidence of proprietorship or are disposing of or refinancing your property lawyer will need to obtain up to date copies of the register from the Land Registry in any case.

If you feel there may be other documents or you have any other queries please e-mail your request with details of the transaction and documents you need to filerequest@clc-uk.org. The CLC will let you know what information they have and any additional information they may need before they are in a position to identify and send the documents to you. Following an intervention it may take some time for the CLC to access archived files and documents, but your request will be actioned as quickly as possible.

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Neighbouring Locations

Stockbridge Village
Childwall
Knotty Ash
Huyton

Find out more about how flying freehold can affect your the value of a property.