I purchased a renovated Victorian property in Rendlesham. Conveyancing practitioner represented me and The Mortgage Works. I happened to do a free search for it on the Land Registry database and there are two entries: one for freehold, the second leasehold under the matching property. I thought I was buying a freehold how can I check?
You should assess 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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Rendlesham and other locations in 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 mortgage companies. You can also enquire as to the situation with your conveyancing practitioner who conducted the purchase.
I opted to have a survey done on a property in Rendlesham prior to instructing lawyers. I have been advised that there is a flying freehold overhang to the house. The surveyor has said that some lenders may not grant a loan on this type of home.
It varies from the lender to lender. HSBC has different instructions from Halifax. Should you wish to telephone us we can investigate further via the appropriate mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Rendlesham. Conveyancing will be smoother if you use a solicitor in Rendlesham especially if they are acquainted with such properties in Rendlesham.
I'm converting the mortgage on my existing home to a buy to let mortgage with Birmingham Midshires and intend to use the remaining equity towards further property. The location we are interested in is Rendlesham. Will your solicitors be able to act for both sets of banks and link together the transactions?
Make use of our search tool on this site to check that the solicitors are approved by both lenders. Assuming that they are the solicitor will be able to connect the two deals but you should talk with you lawyer and make apparent your expectations and requirements.
I am using a search engine for the words conveyancing in Rendlesham it brings up numerous conveyancersin the area. How do I determine which is the suitable property lawyer for my move?
The ideal way of seeking a suitable conveyancer is via personal referral, so enquire of colleagues and relatives who have acquired a property in Rendlesham or a reputable estate agent or mortgage broker. Fees for conveyancing in Rendlesham differ, so it's sensible to request at least four quotes from different solicitors. Be sure to secure confirmation that the fees are fixed.
If all goes to plan we aim to complete the disposal of our £250,000 maisonette in Rendlesham next week. The managing agents has quoted £312 for Landlord’s certificate, insurance certificate and previous years service charge statements. Is the landlord entitled to charge such fees for a leasehold conveyance in Rendlesham?
For most leasehold sales in Rendlesham conveyancing will involve, questions about the management of a building inevitably needing to be answered directly by the freeholder or its agent, this includes :
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Answering pre-contract enquiries
Where consent is required before sale in Rendlesham
Supplying insurance information
Deeds of covenant upon sale
Registering of the assignment of the change of lessee after a sale
Leasehold Conveyancing in Rendlesham - Examples of Queries Prior to Purchasing
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This question is important as a) areas can cause problems for the building as the common areas may begin to deteriorate if repairs are not paid for b) if the tenants have a dispute with the managing agents you will want to have complete disclosure It would be sensible to find out as much as you can concerning the company managing the block as they will affect your use and enjoyment of the property. As the proprietor of a leasehold property you are often at the mercy of the managing agents from a financial perspective and when it comes to daily matters such as the tidiness of the common parts. Ask other tenants what they think of their management. Finally, find out the dates that the maintenance charges are due to the appropriate party and precisely what it includes.
We have been advised by various estate agents to expect up to two months for Rendlesham conveyancing to complete.This was 3 ago. The paperwork was only received to my conveyancing practitioner a few days ago so now does it countdown?
Don't bank on moving on a certain date until contracts are exchanged. Regardless of the assurances the people you are purchasing from or selling to make, or your lender gives don't count on them. More frustration is caused to clients trying to move home by false promises than any other issue when it comes to conveyancing in Rendlesham.