It is a dozen years since I acquired my property in Consett. Conveyancing solicitors have recently been instructed on the sale but I am unable to find the title deeds. Will this jeopardise the sale?
You need not be too concerned. Firstly the deeds may be retained by the lender or they may be in the possession of the solicitor who handled your purchase. Secondly in all probability the title will be registered at the land registry and you will be able to prove you own the property by your conveyancing solicitors acquiring current official copies of the land registers. Almost all conveyancing in Consett involves registered property but in the unlikely event that your home is unregistered it adds to the complexity but is not insurmountable.
I am planning to acquire a flat and require a conveyancing solicitor in Consett who is on the Clydesdale conveyancing. Can you recommend a local firm?
Our service is limited to being a directory service for firms who wish to listed as being on the approved conveyancing panel for Clydesdale in certain locations such as Consett. We dont recommend any particular firm.
Are there restrictive covenants that are commonly identified as part of conveyancing in Consett?
Covenants that are restrictive in nature can be picked up when reviewing land registry title as part of the process of conveyancing in Consett. 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…’
I was advised by two or three local selling agents in Consett to find a solicitor using your seach tool. What’s the financial inducement for Estate Agents to offer your site rather than a competitor’s?
We don’t offer any referral fee for pointing buyers and sellers our way. We thought it would be too underhand to pay a commission as a client could think, ‘How come the agent getting a kickback? Why am I not getting any benefit too?’ We would prefer to grow our business on genuine recommendations.
I am using a search engine for the phrase cheap conveyancing in Consett it reveals many property lawyersin the area. How do I determine which is the right solicitor for the sale of my house?
The preferential way of choosing the right conveyancer is via personal testimonial, so seek the guidance of colleagues and relatives who have acquired a property in Consett or a local estate agent or mortgage broker. Costs for conveyancing in Consett vary, so it's advisable to obtain a minimum of four costs illustrations from varying types of law firms. Be sure to obtain confirmation that the costs are guaranteed not to increase.
Having checked my lease I have discovered that there are only Sixty One years left on my flat in Consett. I now wish to get lease extension but my freeholder is missing. What are my options?
On the basis that you meet the appropriate requirements, under the Leasehold Reform, Housing and Urban Development Act 1993 you can submit an application to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be lengthened by the Court. You will be obliged to demonstrate that you have done all that could be expected to locate the freeholder. For most situations a specialist may be useful to conduct investigations and to produce an expert document to be accepted by the court as proof that the landlord can not be located. It is wise to seek advice from a property lawyer in relation to investigating the landlord’s disappearance and the application to the County Court covering Consett.
Leasehold Conveyancing in Consett - Sample of Queries before buying
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The prefered form of lease structure is where the freehold reversion is owned by the leaseholders. In this scenario the tenants have being in charge if their destiny and even though a managing agent is frequently employed where the building is bigger than a house conversion, the managing agent is directed by the tenants. Most Consett leasehold apartments will have a service bill for the upkeep of the block invoiced by the landlord. If you buy the property you will have to pay this liability, normally quarterly during the year. This could vary from two or three hundred pounds to thousands of pounds for bigger purpose-built blocks. There will also be a rentcharge to be met yearly, ordinarily this is not a large sum, say approximately £50-£100 but you should to check it because occasionally it can be many hundreds of pounds. You will want to discover as much as possible concerning the company managing the block as they will either make life much easier or uncomfortable. As the owner of a leasehold property you are frequently at the mercy of the managing agents from a financial perspective and when it comes to every day issues such as the tidiness of the common parts. Ask prospective neighbours if they are happy with their management. On a final note, be sure you understand the dates that the service fees are due to the managing agents and specifically what it includes.