I have just been advised by my estate agent that my Trimdon lawyer is not on the lender Solicitor panel. How can I be sure that this is correct?
Your first step should be to contact your Trimdon lawyer directly. It is reasonable to expect your lawyer to advise you what has happened. If they are not on the panel they may be able to suggest a Trimdon conveyancing practice that is on the approved list of lawyers for your bank.
Me and my brother purchased a terraced Edwardian property in Trimdon. Conveyancing solicitor represented me and Barnsley Building Society. I did a free Land Registry search last week and there are a couple of entries: the first freehold, another for leasehold with the matching address. I'd like to know for sure, how can I find out??
You should review 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 proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Trimdon and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also enquire as to the situation with your conveyancing practitioner who carried out the work.
The estate agent has sent us the confirmation of our purchase of a new build apartment in Trimdon. 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 conveyancing.
Set out below are examples of a selection of leasehold new build questions that you can expect your new-build leasehold conveyancing in Trimdon
If there are lifts in the building, please confirm that the owners of flats on the ground and basement floors will not be required to contribute towards the cost of maintenance and renewal. Please supply evidence that the form of Lease proposed has been approved by the Land Registry. Please supply a car parking plan. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore.
I am on look out for some leasehold conveyancing in Trimdon. Before I set the wheels in motion I want to be sure as to the remaining lease term.
Assuming the lease is registered - and most are in Trimdon - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Trimdon Conveyancing for Leasehold Flats - Sample of Questions you should consider Prior to buying
How much is the yearly service fee and ground rent? It would be wise to discover as much as you can regarding the managing agents as they will either make life much easier or problematic. As the proprietor of a leasehold property you are often in the clutches of the managing agents from a financial perspective and when it comes to practical issues such as the upkeep of the communal areas. Ask prospective neighbours what they think of them. In conclusion, be sure you understand the dates that you are obliged pay the service charge to the relevant party and specifically what you get for your money. Best to be warned whether window replacement or some other major work is pending that will be shared between the leasehold owners and will dramatically impact the level of the maintenance costs or result in a specific payment.
What is the reason for new build conveyancing in Trimdon being more expensive?
Conveyancing in Trimdon for recently converted or new build premises usually involve adoption of highways & drains, building regulations approval, planning permission, new build warranties such NHBC as well as additional investigations and contractual concerns.