Various web forums that I have come across warn that are the number one reason for delay in Chorley house deals. Is there any truth in this?
The Council of Property Search Organisations (CoPSO) released determinations of a review by MoveWithUs that conveyancing searches do not figure within the top 10 causes of delays during the legal transfer of property. Local searches are unlikely to be the root cause of holding up conveyancing in Chorley.
I have todayfound out that Arc property Solicitors have closed. They carried out my conveyancing in Chorley for a purchase of a leasehold apartment 12 months ago. How can I be sure that my home is in my name in the name of the previous owner?
The quickest method to check 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 Chorley conveyancing specialists.
Due to the encouragement of my in-laws I had a survey completed on a property in Chorley before appointing lawyers. I have been told that there is a flying freehold element to the house. Our surveyor has said that some lenders will not issue a loan on such a property.
It depends who your proposed lender is. Lloyds has different instructions for example to Birmingham Midshires. If you e-mail us we can check via the relevant mortgage company. If you lender is happy to lend one our lawyers can help as they are used to dealing with flying freeholds in Chorley. Conveyancing can be more complicated and therefore you should check with your conveyancing solicitor in Chorley to see if the conveyancing costs will increase in light of this.
My father has encouraged me to appoint his conveyancers in Chorley. Should I use them?
Much as we are happy to recommend a Chorley conveyancing lawyer the ideal way to find a conveyancing lawyer is to seek guidance from friends or family who have actually experience in using the solicitor that you are are thinking of instructing.
Having had my offer accepted I require leasehold conveyancing in Chorley. Before I get started I want to be sure as to the number of years remaining on the lease.
If the lease is recorded at the land registry - and almost all are in Chorley - then the leasehold title will always include the basic details of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
I acquired a 1 bedroom flat in Chorley, conveyancing formalities finalised half a dozen years ago. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Chorley with an extended lease are worth £197,000. The ground rent is £55 yearly. The lease ceases on 21st October 2081
With just 56 years remaining on your lease we estimate the premium for your lease extension to span between £29,500 and £34,000 plus legals.
The suggested premium range that we have given is a general guide to costs for renewing a lease, but we cannot give you a more accurate figure in the absence of comprehensive due diligence. You should not use the figures in a Notice of Claim or as an informal offer. There may be other concerns that need to be taken into account and you obviously should be as accurate as possible in your negotiations. Please do not move forward based on this information before getting professional advice.
If instructed can a conveyancer remove someone from the title of my property in Chorley ?
Extracting or adding someone to the title of your home is relatively straightforward. You’ll need to appoint a property lawyer to discuss your legal rights before you can proceed with a transfer of property. Contact us to book a free consultation with one a lawyer