Do lenders provide you with an approved list of Wick conveyancing solicitors? How do you know who is on the Coventry BS conveyancing panel?
Wick conveyancing firms themselves provide us confirmation that they are on the Coventry BS conveyancing panel as opposed to being supplied with a list from Coventry BS directly.
Despite weeks of looking the Title Certificate and documents to my house can not be found. The solicitors who did the conveyancing in Wick 5 years ago no longer exist. Will I be able to sell the house?
Assuming you have a registered title the details of your ownership will be retained by the Land Registry with a Title Number. It is easy to conduct a search at the Land Registry, locate your house and get up to date copies of the Registered Entries for a small fee. If the property is Leasehold then the Land Registry will usually hold a certified duplicate of the Registered Lease and again, a copy can be ordered for a small fee.
Over the last few months I have been searching for a leasehold apartment up to £195,000 and identified one round the corner in Wick I like with amenity areas and railway links in the vicinity, however it's only got 52 years on the lease. I can't really find anything else in Wick suitable, so just wondered if I would be making a grave error purchasing a short lease?
If you need a home loan that many years may be an issue. Reduce the offer by the expected lease extension will cost if not already taken into account. If the existing owner has owned the premises for at least twenty four months you could request that they commence the lease extension formalities and then assign it to you. An additional ninety years can be extended on to the current lease and have £0 ground rent by law. You should consult your conveyancing solicitor about this matter.
What makes your site different to other internet conveyancing solicitors for conveyancing in Wick?
At this site receive a fixed fee costs illustration from a Solicitor or Licensed Conveyancer that has a full understanding of the nuances for your conveyancing in Wick. As opposed to estate agents and brokerage sites we do not charge firms a commission if you select them for your conveyancing in Wick
I am intending to rent out my leasehold flat in Wick. Conveyancing solicitor who did the purchase is retired - so can't ask him. Do I need to ask my freeholder for their consent?
A small minority of properties in Wick do contain a provision to say that subletting is only permitted with prior consent from the landlord. The landlord cannot unreasonably refuse but, in such cases, they would need to review references. Experience suggests that problems are usually caused by unsatisfactory tenants rather than owner-occupiers and for that reason you can expect the freeholder to take up the references and consider them carefully before granting permission.
I am the registered owner of a split level flat in Wick, conveyancing was carried out June 2004. How much will my lease extension cost? Similar flats in Wick with a long lease are worth £206,000. The ground rent is £45 per annum. The lease comes to an end on 21st October 2085
You have 66 years remaining on your lease we estimate the price of your lease extension to range between £12,400 and £14,200 as well as costs.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure without more comprehensive due diligence. Do not use the figures in tribunal or court proceedings. There are no doubt other issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you take any other action based on this information without first seeking the advice of a professional.