My colleague advised me that where I am buying in Torquay I should carry out a Neighbourhood, Planning and Local Amenity Search. Can you explain what the purpose of this search is?
A search of this type is sometimes included in the estimate for your Torquay conveyancing searches. It is a large document of more than thirty pages, listing and detailing significant information about Torquay around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime details, Torquay Education with plans and statistics, Local Amenities and other useful data about Torquay.
Are there restrictive covenants that are commonly picked up as part of conveyancing in Torquay?
Restrictive covenants can be picked up when reviewing land registry title as part of the process of conveyancing in Torquay. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
We're FTB’s - agreed a price, yet the estate agent told us that the seller will only proceed if we appoint the agent's chosen solicitors as they need an ‘expedited deal’. Our preferred option is to instruct a family solicitor used to conveyancing in Torquay
We suspect that the owner is unaware of this demand. Should the owner require ‘a quick sale', taking such a hostile approach to a motivated purchaser is likely to cause more damage than good. Contact the sellers directly and explain that (a)you are keen to buy (b)you are excited to move forward, with finances in place © you are unencumbered (d) you wish to move quickly (e)however you will continue to instruct your own,trusted Torquay conveyancing firm - not the ones that will give their estate agent a commission or meet his conveyancing targets demanded by head office.
I have recently realised that I have 62 years unexpired on my lease in Torquay. I need to extend my lease but my freeholder is missing. What options are available to me?
If you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will enable the lease to be extended by the magistrate. You will be obliged to demonstrate that you have made all reasonable attempts to track down the landlord. For most situations a specialist may be helpful to conduct investigations and to produce a report to be accepted by the court as proof that the landlord is indeed missing. It is advisable to get professional help from a solicitor in relation to investigating the landlord’s absence and the vesting order request to the County Court overseeing Torquay.
I inherited a 1st floor flat in Torquay, conveyancing was carried out in 1995. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Equivalent flats in Torquay with over 90 years remaining are worth £227,000. The ground rent is £50 per annum. The lease expires on 21st October 2091
With only 72 years remaining on your lease we estimate the premium for your lease extension to range between £9,500 and £11,000 plus plus your own and the landlord's "reasonable" professional fees.
The figure 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 detailed investigations. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.
At long last our conveyancing in Torquay completes this Friday, yet the couple I am buying from wants to move out on the Saturday PM. Do I accept this?
You can't complete on a Saturday because the bank systems are not operating.