I am intent on selling our home in Delabole and according to the buyers it appears that there is a possibility that the property was built land that was not decontaminated. Any high street Delabole lawyer would know this is not the case. It does beg the question why the buyers used a national conveyancing firm rather than a conveyancing solicitor in Delabole. We have lived in Delabole for many years we know that this is a non issue. Should we contact our local Authority to obtain clarification need.
It sounds as though you may have a conveyancing firm currently acting for you. What do they say? You should enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
How does conveyancing in Delabole differ for new build properties?
Most buyers of new build premises in Delabole come to us having been asked by the developer to sign contracts and commit to the purchase even before the premises is built. This is because developers in Delabole typically buy the real estate, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Delabole or who has acted in the same development.
I've recently found out that there is a flying freehold issue on a property I have offered on last month in what was supposed to be a quick, chain free conveyancing. Delabole is the location of the property. Can you shed any light on this issue?
Flying freeholds in Delabole are unusual but are more likely to exist in relation to terraced houses. Even where you use a solicitor outside Delabole you must be sure that your lawyer goes through the deeds very carefully. Your lender may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Delabole may decide 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 premises.
I'm refinancing my primary home to a BTL mortgage with The Mortgage Works and I will use the rest of the raised equity as a deposit on a second property. The neighborhood we are looking at is Delabole. Will your solicitors be able to act for the two banks and link together the transactions?
Do use our search tool on this page to check that the lawyers are approved by both mortgage companies. Having checked that they are your conveyancer should be able to connect the two transactions but you should talk with you lawyer and make apparent your desired outcome and needs.
Back In 2007, I bought a leasehold flat in Delabole. Conveyancing and Skipton Building Society mortgage went though with no issue. A letter has just been received from someone saying they have taken over the reversionary interest in the property. It included a demand for arrears of ground rent dating back to 1993. The conveyancing solicitor in Delabole who previously acted has long since retired. What should I do?
First make enquiries of HMLR to make sure that the individual claiming to own the freehold is indeed the new freeholder. It is not necessary to instruct a Delabole conveyancing solicitor to do this as it can be done on-line for less than a fiver. You should note that in any event, even if this is the legitimate landlord, under the Limitation Act 1980 no more than 6 years of rent can be collected.
I am the registered owner of a split level flat in Delabole, conveyancing having been completed half a dozen years ago. Can you give me give me an indication of the likely cost of a lease extension? Corresponding flats in Delabole with a long lease are worth £207,000. The average or mid-range amount of ground rent is £60 invoiced annually. The lease expires on 21st October 2081
With 57 years unexpired the likely cost is going to span between £28,500 and £33,000 as well as plus your own and the landlord's "reasonable" professional fees.
The suggested premium range above a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed due diligence. You should not use this information in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Neither should you move forward based on this information without first getting professional advice.
My aim is to purchase a ground floor flat in Delabole. Conveyancing solicitor has been awaiting, from the vendor, building insurance paperwork. This afternoon I was advised that the owner must send the insurance paperwork for the flat above also. Why would my conveyancing practitioner want to see the insurance for the flat above? Is it strictly necessary? We have been waiting for the last two weeks…
It is not unheard of in leasehold conveyancing in Delabole to discover Conveyancing in Delabole in a minority of cases reveals that the lease provides for the tenant's to insure their individual flats as opposed to the landlord insuring the entire building - which is definitely better. Do contact your solicitor but it would seem that your property lawyer is looking to establish that the complete building is insured. Insuring your residence is no help when it comes to rebuilding after a fire if the other flat cannot be rebuilt due to lack of insurance cover.