It is a dozen years since I purchased my property in Gamston. Conveyancing lawyers have now been instructed on the sale but I am unable to locate my deeds. Will this cause complications?
Don’t worry too much. Firstly there is a chance that the deeds will be kept by your mortgage company or they may be in the possession of the conveyancers who acted in the purchase. Secondly in most cases the title will be registered at the land registry and you will be able to prove you own the property by your conveyancing lawyers acquiring current official copies of the land registers. Almost all conveyancing in Gamston involves registered property but in the unlikely event that your property is not registered it is more problematic but is not insurmountable.
Is there a search tool that I can use to investigate if the solicitor handling my conveyancing in Gamston is on the lender’sapproved panel? I am looking to avoid the situation of having one lawyer for me and one for Halifax thus spending £187.00 plus VAT in supplemental legal fees.
You should take advantage of the search tool on this page. Please choose the mortgage company and type ‘Gamston’ or your preferred area and you will discover a number of lawyer located in Gamston or nearest you.
I have justdiscovered that Action Conveyancing have closed. They conducted my conveyancing in Gamston for a purchase of a leasehold apartment 12 months ago. How can I establish that my home is in my name in the name of the former proprietor?
The easiest way to check if the premises is registered to you, you can carry out 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 Gamston conveyancing specialists.
Is it simple use the search tool to locate a conveyancing solicitor in Gamston on the panel for my lender?
First pick a mortgage company such as Birmingham Midshires, The Mortgage Works or Barclays Direct then type in your preferred area e.g. Gamston. Conveyancing firms in Gamston and nationally should be identified.
I have recently realised that I have 62 years left on my lease in Gamston. I now want to extend my lease but my freeholder is can not be found. What options are available to me?
On the basis that you qualify, under the Leasehold Reform, Housing and Urban Development Act 1993 you can apply to the County Court for for permission to dispense with the service of the initial notice. This will mean that your lease can be granted an extra 90 years by the Court. You will be obliged to prove that you have made all reasonable attempts to locate the landlord. In some cases a specialist may be helpful to conduct investigations and to produce a report which can be accepted by the court as proof that the landlord can not be located. It is advisable to get professional help from a conveyancer in relation to proving the landlord’s disappearance and the application to the County Court covering Gamston.
I acquired a 2 bed flat in Gamston, conveyancing formalities finalised half a dozen years ago. Can you please calculate a probable premium for a statutory lease extension? Corresponding flats in Gamston with an extended lease are worth £265,000. The ground rent is £50 yearly. The lease ceases on 21st October 2099
With just 75 years unexpired we estimate the premium for your lease extension to span between £8,600 and £9,800 plus legals.
The suggested premium range above a general guide to costs for renewing a lease, but we cannot give you the actual costs without more comprehensive due diligence. You should not use this information in a Notice of Claim or as an informal offer. There may be additional concerns that need to be taken into account and you obviously want to be as accurate as possible in your negotiations. You should not move forward placing reliance on this information before seeking the advice of a professional.
We are in the throes of selling our flat in Gamston. Conveyancing solicitors are doing their job but we are being charged an extortionate amount by the landlord. To date we have paid £225 for a leasehold management pack and then a further £118 for additional questions supplied by the purchaser's conveyancer.
Your conveyancing practitioner will not have any sway over the extent of the charges for this information but the typical costs for the information for Gamston leasehold property is £350. When it comes to Gamston conveyancing sales it is standard for the seller to cover the charges. The landlord or their agents are not duty bound to address these questions most will agree to do so - albeit often at exorbitant prices disproportionate to the work involved. Unfortunately there is no legislation that mandates capped fees for administrative tasks. There is no legal time frame by which they are obliged to provide answers.