We hope to to purchase with Earl Shilton BS. I popped in a few high street firms but am struggling to find a Battlesbridge conveyancing firm on the Earl Shilton BS approved list. Can you assist?
Feel free to make use of the find a lender approved solicitor tool on this site. Pick the lender and type Battlesbridge or your preferred area and you will discover numerous conveyancers offices in Battlesbridge or by proximity to you.
Is it necessary to pay for insurance to protect me from financial exposure to chancel repairs when buying a residence in Battlesbridge?
Unless a prior acquisition of the house took place post 12 October 2013 you could assume that solicitors handling conveyancing in Battlesbridge to remain recommending a chancel search and or insurance against a claim.
It has been four months following my purchase conveyancing in Battlesbridge concluded. I have checked the Land Registry site which shows that I paid £150,000 when infact I paid £160,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the premises from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Due to the guidance of my in-laws I had a survey completed on a property in Battlesbridge before instructing conveyancers. I have been advised that there is a flying freehold element to the property. The surveyor has said that some lenders tend not give a loan on such a house.
It varies from the lender to lender. Bank of Scotland has different requirements from Nationwide. Should you wish to call us we can investigate further with the appropriate mortgage company. If you lender is happy to lend one our lawyers can assist as they are accustomed to dealing with flying freeholds in Battlesbridge. Conveyancing will be smoother if you use a solicitor in Battlesbridge especially if they regularly deal with such properties in Battlesbridge.
Last January I purchased a leasehold house in Battlesbridge. Am I liable to pay service charges for periods before completion of my purchase?
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. However, your landlord may still be able to take action to forfeit the lease. A critical element of leasehold conveyancing for your conveyancer to be sure 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 acquired a leasehold flat in Battlesbridge, conveyancing having been completed September 2001. Can you let me have an estimated range of the fair premium for a lease extension? Comparable flats in Battlesbridge with an extended lease are worth £185,000. The ground rent is £65 charged once a year. The lease ends on 21st October 2083
With only 60 years unexpired the likely cost is going to span between £20,000 and £23,000 as well as costs.
The suggested premium range above a general guide to costs for renewing a lease, but we are not able to supply the actual costs in the absence of comprehensive due diligence. Do not use the figures 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. You should not take any other action based on this information without first seeking the advice of a professional.
I happen to be an executor of my recently deceased mother’s Will, with a bungalow in Battlesbridge which is to be sold. The bungalow has never been registered at HMLR and I'm advised that some purchasers will insist that it is in place before they'll proceed. What's the procedure for this?
In the circumstances you refer to it seems prudent to apply to register in the names of the personal representative(s) as named in the probate and in their capacity as PRs. The Land Registry’s online guidance explains how to register for the first time and what is required re the deeds and forms. You would need to include and certified copy of the probate as well and complete the form FR1 to refer to the PRs as the applicant.