I am need of leasehold conveyancing for a flat in a fairly new development (five years old) in Littleborough. Almost all the appartments have already been sold. Do I need carry out the neighbourhood searches as part of conveyancing in Littleborough?
You would be taking a significant risk in not carrying out Littleborough conveyancing searches. Without searches you have no clarity over flooding, environmental etc which may mean you walk away due to potential problems down the line. If you are buying mortgage free there is no legal requirement to have them, but we would absolutely advise in the strongest possible terms that your lawyer conducts them. Where speed and price are top of your concerns you should consider with your conveyancer about the possibility of search insurance
It is is a decade since I purchased my home in Littleborough. Conveyancing lawyers have recently been appointed on the sale but I can't find my deeds. Will this cause complications?
Don’t worry too much. First the deeds may be kept by your mortgage company or they could be in the possession of the lawyers who acted in the purchase. Secondly the likelihood is that the title will be registered at the land registry and you will be able to prove you own the property by your conveyancing lawyers obtaining current official copies of the land registers. Nearly all conveyancing in Littleborough involves registered property but in the rare situation where your home is unregistered it adds to the complexity but is not insurmountable.
A friend suggested that if I am buying in Littleborough I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is sometimes included in the estimate for your Littleborough conveyancing searches. It is not a small document of about 40 pages, listing and setting out significant information about Littleborough around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the type of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Littleborough Education with plans and statistics, Local Amenities and other useful data regarding Littleborough.
I have justfound out that Stirling Law have closed. They conducted my conveyancing in Littleborough for a purchase of a leasehold flat 12 months ago. How can I check that my home is not still registered in the name of the previous owner?
The quickest way to check if the property is registered to you, you can carry out a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Littleborough conveyancing specialists.
Back In 2009, I bought a leasehold house in Littleborough. Conveyancing and Skipton Building Society mortgage went though with no issue. A letter has just been received from someone claiming to own the freehold. Attached was a demand for arrears of ground rent dating back to 1993. The conveyancing practitioner in Littleborough who previously acted has long since retired. Any advice?
First contact the Land Registry to be sure that this person is indeed the new freeholder. There is no need to instruct a Littleborough conveyancing practitioner to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the legitimate freeholder, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I own a basement flat in Littleborough, conveyancing was carried out 3 years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar properties in Littleborough with an extended lease are worth £227,000. The ground rent is £50 yearly. The lease comes to an end on 21st October 2095
You have 71 years left to run 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 are not able to advice on the actual costs in the absence of detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before getting professional advice.
How much will conveyancing in Littleborough cost?
Almost all Littleborough conveyancing solicitors will charge a fixed fee. In the event that additional work become due during the transaction your solicitor should advise you in writing of any additional fees for such work immediately it becomes apparent. Some work on a no completion no fee offering, others will charge a fraction of the set fee, calculated based on the point at which the transaction falls through.
It may be helpful for you to ask two or three firms to supply you an estimate.