It is a dozen years since I bought my home in Chesterfield. Conveyancing solicitors have just been appointed on the sale but I can't locate the title deeds. Will this jeopardise the sale?
You need not be too concerned. First the deeds may be retained by your lender or they could stored with the lawyers who handled your purchase. Secondly the likelihood is that the title will be recorded at the land registry and you will be able to establish that you own the property by your conveyancing solicitors acquiring current official copies of the land registers. The vast majority of conveyancing in Chesterfield relates to registered property but in the unlikely event that your home is unregistered it adds to the complexity but is resolvable.
I have an AIP. The bank mentioned the mortgage came with free conveyancing. Does this mean I have to use their panel solicitor as I would prefer to appoint a high street conveyancing solicitor in Chesterfield?
You should check but the chances are that give you one of their panel solicitors where you take up the "fee-free" offer. Speak to the bank to check if they allow a monetary alternative. Some lenders have previously offered a £250 cashback as a further option in which case that money can go towards your preferred conveyancing solicitor in Chesterfield.
I have justdiscovered that Stirling Law have closed. They conducted my conveyancing in Chesterfield for a purchase of a leasehold flat 9 months ago. How can I establish that the property is registered correctly in the name of the former proprietor?
The quickest way to see if the premises is in your name, you can make a search of the land registry (£3.00). You can either do this yourself or ask a law firm to do this for you. If you are not registered you can seek help from one of a number of Chesterfield conveyancing specialists.
I've recently found out that there is a flying freehold issue on a house I have offered on last month in what should have been a straight forward, no chain conveyancing. Chesterfield is where the house is located. Can you offer any guidance?
Flying freeholds in Chesterfield are rare but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Chesterfield you must be sure that your lawyer goes through the deeds thoroughly. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Chesterfield may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold residence.
My wife and I purchased a leasehold house in Chesterfield. Conveyancing and The Royal Bank of Scotland mortgage are in place. A letter has just been received from someone claiming to own the freehold. Attached was a ground rent demand for rent dating back to 1998. The conveyancing solicitor in Chesterfield who previously acted has long since retired. What should I do?
The first thing you should do is contact the Land Registry to make sure that this person is in fact the registered owner of the freehold reversion. There is no need to incur the fees of a Chesterfield 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 landlord, under the Limitation Act 1980 the limitation period for recovery of ground rent is six years.
I own a ground floor flat in Chesterfield, conveyancing formalities finalised in 2002. How much will my lease extension cost? Comparable flats in Chesterfield with a long lease are worth £227,000. The average or mid-range amount of ground rent is £50 levied per year. The lease ceases on 21st October 2096
With just 71 years unexpired the likely cost is going to be between £9,500 and £11,000 plus professional fees.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to provide the actual costs without more detailed investigations. You should not use the figures in tribunal or court proceedings. There are no doubt additional issues that need to be considered and you obviously want to be as accurate as possible in your negotiations. You should not move forward based on this information before seeking the advice of a professional.
I am purchasing a property and need a conveyancing solicitor in Chesterfield who is on the mortgage company solicitor 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 listed as being on the approved conveyancing panel for the bank who do conveyancing in Chesterfield. We dont recommend any particular firm.