I am acquiring a property mortgage free in Arlesey. I have been living for the last 15 years in Arlesey. Conveyancing searches are expensive. Given that I know the area and road very well should I not bother getting the solicitor to do all the conveyancing searches?
In the absence of a mortgage, then the vast majority of the Arlesey conveyancing searches are optional. Your solicitor will 'advise', perhaps strongly, that you should have searches completed, but she is duty bound to do this. One thing to consider; if you are going to sell the house in the future, it may be of importance to your prospective buyer what the searches contain. There are plenty of instances where properties with no practical issues can still reveal negative search results. A competent conveyancing solicitor in Arlesey will be able to give you some practical advice here.
What will a local search tell me concerning the property my wife and I buying in Arlesey?
Arlesey conveyancing often commences with the applying for local authority searches directly from your local Authority or via a personal search organisations such as Searchflow The local search plays a central part in most Arlesey conveyancing purchase; as long as you don’t want any unpleasant once you have moved into your new home. The search should provide data on, amongst other things, details on planning applications relevant 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 thirteen subject sections.
The deeds to my house are lost. The conveyancers who dealt with the conveyancing in Arlesey 5 years ago no longer exist. What are my options?
You no longer need to hold title official documentation to prove you are the registered proprietor of land or property, as the Land Registry have everything they need in a digital format.
I have been advised by numerous property agents in Arlesey to get a quote from a solicitor on your site. What’s the financial advantage for Estate Agents to recommend your site ahead of another?
We refuse to offer any financial incentive for pointing buyers and sellers in our direction. We found it would be just too difficult to pay a commission as members of the public would think, ‘How come the agent getting a kickback? Why aren’t I getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I am using a search engine for the term cheap conveyancing in Arlesey it reveals many solicitorsin the vicinity. How do I determine which is the suitable solicitor for my move?
The best method of choosing a suitable conveyancer is via personal referral, so seek the guidance of friends and family who have purchased a property in Arlesey or a reputable estate agent or financial adviser. Fees for conveyancing in Arlesey differ, so it's sensible to obtain a minimum of four estimates from varying types of law firms. Dont forget to clarify that the fees are fixed.
Back In 2008, I bought a leasehold flat in Arlesey. Conveyancing and Halifax mortgage are in place. 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 1997. The conveyancing solicitor in Arlesey who acted for me is not around. Do I pay?
First make enquiries of the Land Registry to be sure that the individual claiming to own the freehold is indeed the registered owner of the freehold reversion. There is no need to incur the fees of a Arlesey conveyancing practitioner to do this as you can do this on the Land Registry website for £3. Rest assured that in any event, even if this is the rightful freeholder, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
Leasehold Conveyancing in Arlesey - Examples of Questions you should ask before buying
-
Many Arlesey leasehold apartments will incur a service bill for maintenance of the block levied on behalf of the management company. Where you purchase the apartment you will have to pay this liability, usually periodically throughout the year. This can vary from a couple of hundred pounds to thousands of pounds for large purpose-built blocks. In all likelihood there will be a ground rent for you to pay yearly, this is usually not a exorbitant figure, say around £50-£100 but you should to enquire as sometimes it can be many hundreds of pounds. Who manages the block? In the main the outlay for major works tend not to be included within service charges, albeit that some managing agents in Arlesey require tenants to pay into a sinking fund created for the specific purpose of establishing a fund for larger repairs or maintenance.