We are looking to buy a property and need a conveyancing solicitor in Ashton under Lyne who is on the Nottingham conveyancing panel. Could you point me in the right direction as regards a firm?
Our service is limited to being a directory service for firms who wish to be listed as being on the approved conveyancing panel for Nottingham . We don't recommend any particular firms conducting conveyancing in Ashton under Lyne.
Are there restrictive covenants that are commonly identified during conveyancing in Ashton under Lyne?
Restrictive covenants can be picked up when reviewing land registry title as part of the legal transfer of property in Ashton under Lyne. An 1874 stipulation that was seen was ‘The houses to be erected on the estate are each to be of a uniform elevation in accordance with the drawings to be prepared or approved by the vendor’s surveyor…’
How does conveyancing in Ashton under Lyne differ for new build properties?
Most buyers of new build or newly converted property in Ashton under Lyne approach us having been asked by the builder to sign contracts and commit to the purchase even before the residence is constructed. This is because developers in Ashton under Lyne tend to acquire the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are used to new build conveyancing in Ashton under Lyne or who has acted in the same development.
I am looking for a flat up to £245,000 and identified one near me in Ashton under Lyne I like with amenity areas and railway links nearby, the downside is that it only has 49 years unexpired on the lease. I can't really find anything else in Ashton under Lyne for this price, so just wondered if I would be making a mistake acquiring a short lease?
If you need a home loan the remaining unexpired lease term may be problematic. Reduce the offer by the anticipated 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 ask them to start the process of the extension and then assign it to you. An additional ninety years can be extended on to the existing lease term and have £0 ground rent by law. You should consult your conveyancing lawyer about this matter.
I have been advised by a number of selling agents in Ashton under Lyne to select a solicitor using your seach tool. What’s the financial advantage for Estate Agents to promote your lawyers ahead of a competitor’s?
We don’t give any referral fee for directing people in our direction. We thought it would be too underhand a fee because home movers will think, ‘Why is the agent getting a kickback? Why am I not getting any benefit too?’ So we decided to step away from that.
Back In 2005, I bought a leasehold house in Ashton under Lyne. Conveyancing and Coventry Building Society mortgage are in place. A letter has just been received from someone saying they have taken over the freehold. It included a ground rent demand for rent dating back to 1998. The conveyancing solicitor in Ashton under Lyne who previously acted has now retired. Any advice?
The first thing you should do is contact HMLR to be sure that the individual purporting to own the freehold is indeed the new freeholder. You do not need to incur the fees of a Ashton under Lyne conveyancing firm to do this as it can be done on-line for a few pound. You should note 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 Ashton under Lyne - Examples of Queries Prior to Purchasing
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It would be sensible to enquire if there are any onerous restrictions in the lease. For example plenty of leases prohibit pets being permitted in certain buildings in Ashton under Lyne. If you love the apartmentin Ashton under Lyne but your dog can’t move with you then you will be presented with a hard compromise. How many of the leaseholders are in arrears for their maintenance charge payments?