I am considering remortgaging my home in Marske and Upleatham, does my lawyer have to be on the Virgin Money Solicitor panel?
In theory, you could use a solicitor that is not on the Virgin Money conveyancing panel, but Virgin Money would require one of their panel solicitors to be instructed to act in their interests, and you'd have to pay for this - so most people instruct a panel solicitor. It's also easier, as otherwise you'd have to deal with two solicitors for the same conveyancing matter.
What can a local search reveal about the house we're buying in Marske and Upleatham?
Marske and Upleatham conveyancing often starts with the ordering local authority searches directly from your local Authority or via a personal search company for instance Onsearch The local search plays a central part in many a Marske and Upleatham conveyancing purchase; as long as you wish to avoid any unpleasant surprises after you move into your property. The search will provide information on, amongst other things, details on planning applications applicable to the property (whether granted or refused), building control history, any enforcement action, restrictions on permitted development, nearby road schemes, contaminated land and radon gas; in all a total of 13 subject headings.
The deeds to my property are lost. The lawyers who conducted the conveyancing in Marske and Upleatham 10 years ago have long since closed. Will I be able to sell the house?
Gone are the days when you need to have the physical original deeds to prove you own the land or premises, given that the Land Registry have everything they need in a digital format.
Am I best advised to appoint a Marske and Upleatham conveyancing practitioner in close proximity to the house I am hoping to buy? I have an old university friend who can conduct the legal work but her office is approximately 350kilometers drive away.
The primary upside of using a high street Marske and Upleatham conveyancing practice is that you can drop in to execute paperwork, hand in your ID and pester them if necessary. Having local Marske and Upleatham know how is a plus. That being said it's more important to get someone that will do a good and efficient job. If if people you trust instructed your friend and the majority were impressed that must trump using an unknown Marske and Upleatham conveyancing lawyer solely due to them being round the corner.
Last September I purchased a leasehold property in Marske and Upleatham. Am I liable to pay service charges relating to a period prior to completion of my purchase?
In a situation where the service charge has already been demanded from the previous lessee and they have not paid you would not usually be personally liable for the arrears. Strange as it may seem, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to ensure to have an up to date clear service charge receipt before completion of your purchase. If you have a mortgage this is likely to be a requirement of your lender.
If you purchase part way through an accounting year you may be liable for charges not yet demanded even if they relate to a period prior to your purchase. In such circumstances your conveyancer would normally arrange for the seller to set aside some money to cover their part of the period (usually called a service charge retention).
I bought a basement flat in Marske and Upleatham, conveyancing formalities finalised half a dozen years ago. How much will my lease extension cost? Similar flats in Marske and Upleatham with over 90 years remaining are worth £197,000. The ground rent is £55 per annum. The lease expires on 21st October 2081
With 55 years unexpired the likely cost is going to range between £31,400 and £36,200 plus costs.
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. You should not use this information in tribunal or court proceedings. There may be additional issues that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. Neither should you take any other action based on this information before getting professional advice.
What is the average legal costs for conveyancing in Marske and Upleatham?
The average cost in 2014 for conveyancing in Marske and Upleatham was £1,500 not including Land Tax and Land Registry fees.