All was ready to move into my new home in Didcot next Thursday. I have now been asked to send a copy of my building insurance schedule by my solicitor as he says that he has to check this in his capacity as lawyer for the lender. What does the insurance need to cover?
All property lawyers on acting for mortgage companies would need to check that the following risks are covered fire; lightning; aircraft; explosion; earthquake; storm; flood; escape of water or oil; riot; malicious damage; theft or attempted theft; falling trees and branches and aerials; subsidence; heave;landslip;collision;accidental damage to underground services;professional fees, demolition and site clearance costs; and public liability to anyone else. There are some other issues such as the level of excess that are set out in a lender’s Part 2 requirements. These requirements are not specific to conveyancing in Didcot.
My colleague advised me that where I am purchasing in Didcot I should ask my conveyancer to carry out a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your Didcot conveyancing searches. It is a large document of more than thirty pages, listing and detailing significant information about Didcot around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the local Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Didcot Education with maps and statistics, Local Amenities and other useful information concerning Didcot.
I have a terraced Edwardian property in Didcot. Conveyancing solicitor acted for me and Britannia. I did a free Land Registry search last week and there are two entries: one for freehold, another for leasehold under the matching address. I'd like to know for sure, how can I find out??
You should assess the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Didcot and other locations in the country and poses no real issues for owners other than when they remortgage they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also enquire as to the situation with the conveyancing lawyer who carried out the work.
Is there anything unique about your site and other online quote calculators when it comes to conveyancing in Didcot?
At this site get a fixed fee quote via a Solicitor or Licensed Conveyancer that understands the issues for your conveyancing in Didcot. Unlike many estate agents and brokerage sites we do not operate kick-back arrangements with solicitors. Many agents and online brokers 'recommend' the firm that pays the most per referral, rather than the best value conveyancing in Didcot
Expecting to complete next month on a ground floor flat in Didcot. Conveyancing lawyers assured me that they are sending me a report on Monday. Are there areas in the report that I should be focusing on?
Your report on title for your leasehold conveyancing in Didcot should include some of the following:
-
The landlord’s rights to access the flat. You should be made aware that your landlord has rights of access as well as be informed how much notice must be provided. You must be advised what constitutes a Nuisance in the lease Information as to the provision as set out in the lease to to contribute towards maintenance costs - in relation to the building, and the more general rights a tenant enjoys You should know if the lease permits you to add or improve aspects of the premises- you must know whether any restrictions relates to all alterations or limited to structural alteration, and whether permission is mandated necessary Responsibility for maintaining the window frames
I am the registered owner of a 1st floor flat in Didcot, conveyancing was carried out in 2008. Can you let me have an estimate of the premium that my landlord can legally expect in return for granting a renewal of my lease? Corresponding properties in Didcot with over 90 years remaining are worth £206,000. The ground rent is £45 per annum. The lease comes to an end on 21st October 2089
With only 65 years remaining on your lease the likely cost is going to range between £13,300 and £15,400 plus legals.
The figure that we have given is a general guide to costs for extending a lease, but we are not able to supply the actual costs in the absence of detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional concerns that need to be considered and you obviously should be as accurate as possible in your negotiations. You should not take any other action based on this information without first getting professional advice.
Can I establish who owns a house in Didcot?
Provided the premises is recorded at HM Land Registry, and you have the specifics of the address of the property, you should be able to obtain details from the the Land Registry of the registered proprietor for a for less than a fiver.