I am acquiring a house without a mortgage in Crowle. I have lived for the previous twelve years in Crowle. Conveyancing searches are a lot of money. As I have knowledge of the road and vicinity intimately should I not bother getting the solicitor to do all the conveyancing searches?
In the absence of a mortgage, then almost all of the Crowle conveyancing searches are non-obligatory. Your solicitor will try and steer you, no-doubt strongly, that you should have searches carried out, but she has a professional duty to do this. One thing to consider; if you are likely to dispose of the house in the future, it will be of relevance to your prospective buyer what the searches contain. On occasion properties with no practical issues can still reveal adverse search results. A good conveyancing solicitor in Crowle will be able to give you some practical guidance in this regard.
We are buying a property and the solicitor has referenced Chancel Repair for which the property could be liable given it’s proximity to the area of such a church. He has recommended insurance. Is this really appropriate for conveyancing in Crowle
Unless a previous acquisition of the premises completed after 12 October 2013 you may assume that conveyancing practitioners delivering conveyancing in Crowle to continue to recommend a chancel search and or chancel repair liability insurance.
I opted to have a survey carried out on a property in Crowle in advance of retaining conveyancers. I have been told that there is a flying freehold aspect to the house. The surveyor advised that some banks may not grant a loan on a flying freehold premises.
It depends who your proposed lender is. Santander has different instructions from Halifax. Should you wish to call 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 Crowle. Conveyancing will be smoother if you use a solicitor in Crowle especially if they regularly deal with such properties in Crowle.
Am I better off to choose a Crowle conveyancing practitioner who is local to the property I am hoping to buy? An old friend can handle the legal work but his firm is located approximately 350kilometers away.
The benefit of a local Crowle conveyancing practice is that you can pop in to execute paperwork, present your identification documents and apply pressure on them if necessary. Having local Crowle know how is a bonus. However nothing is more important than finding someone that will do a good and efficient job. If if people you trust used your friend and on the whole were content that must trump using an unknown Crowle conveyancing lawyer solely due to them being round the corner.
Back In 2007, I bought a leasehold house in Crowle. Conveyancing and Clydesdale mortgage are in place. A letter has just been received from someone claiming to own the freehold. It included a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in Crowle who acted for me is not around. Do I pay?
The first thing you should do is make enquiries of the Land Registry to be sure that this person is indeed the registered owner of the freehold reversion. There is no need to incur the fees of a Crowle conveyancing practitioner to do this as it can be done on-line for a few pound. Rest assured 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.
I invested in buying a leasehold flat in Crowle, conveyancing was carried out April 2006. How much will my lease extension cost? Equivalent flats in Crowle with a long lease are worth £180,000. The average or mid-range amount of ground rent is £65 yearly. The lease comes to an end on 21st October 2082
With just 58 years remaining on your lease we estimate the premium for your lease extension to range between £22,800 and £26,400 plus legals.
The suggested premium range that we have given is 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. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt other concerns that need to be considered and clearly you want to be as accurate as possible in your negotiations. You should not take any other action placing reliance on this information before getting professional advice.
Our mortgage broker has recommended their conveyancing practitioner for our conveyancing in Crowle - Is it not simpler easier to just use them?
This is not necessarily the case and you are at liberty to use whichever conveyancing practitioner of your choosing for your Crowle conveyancing. A conveyancing practitioner recommended by an estate agent may not always be the right property lawyer, they may put forward their own conveyancing firm who are based remotely. In this instance you may not have contact with your conveyancing practitioner and due to the lack of continuity in the transaction, it may be difficult to obtain progress reports.