I am thinking of mortgaging my home in Littleport, does my lawyer have to be on the Aldermore Conveyancing panel?
There is nothing to stop you using your solicitor, but Aldermore will insist on their interests being represented by a firm on their conveyancing panel. There is much more potential for delays and confusion with an additional lawyer added to the mix, and it will undoubtedly be more expensive too.
I have recentlydiscovered that Arc property Solicitors have been shut down. They conducted my conveyancing in Littleport for a purchase of a leasehold flat 12 months ago. How can I establish that my home is registered correctly in the name of the former proprietor?
The easiest method to check if the premises is in your name, you can make 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 Littleport conveyancing specialists.
How does conveyancing in Littleport differ for newly converted properties?
Most buyers of new build premises in Littleport come to us having been asked by the developer to exchange contracts and commit to the purchase even before the premises is finished. This is because builders in Littleport typically purchase the site, 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 conveyancing solicitors 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 Littleport or who has acted in the same development.
My father-in-law has recommend that I appoint his conveyancing solicitors in Littleport. Should I find my own property lawyer?
Much as we are happy to recommend a Littleport conveyancing lawyer the ideal way to choose a conveyancing lawyer is to get feedback from friends or relatives who have actually used the solicitor that you are are thinking of instructing.
Due to exchange soon on a leasehold property in Littleport. Conveyancing lawyers have said that they report fully within the next couple of days. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Littleport should include some of the following:
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Rent payments - what is due and when you need to pay, and also know whether this is subject to change Will you be prohibited or prevented from having pets in the property? Defining your legal entitlements in relation to common areas in the building.By way of example, does the lease grant a right of way over an accessway or staircase? You should be informed what constitutes a Nuisance in the lease You should know whether the lease allows you to alter or improve aspects of the property- you must know whether it relates to all alterations or limited to structural alteration, and whether licences for alterations is required
I acquired a 2 bed flat in Littleport, conveyancing having been completed May 1995. Can you shed any light on how much the price could be for a 90 year extension to my lease? Similar flats in Littleport with over 90 years remaining are worth £197,000. The ground rent is £55 charged once a year. The lease runs out on 21st October 2079
You have 55 years unexpired we estimate the price of your lease extension to range between £31,400 and £36,200 as well as professional fees.
The suggested premium range that we have given is a general guide to costs for extending a lease, but we cannot give you the actual costs in the absence of detailed investigations. Do not use the figures in a Notice of Claim or as an informal offer. There are no doubt additional issues that need to be taken into account and clearly you want to be as accurate as possible in your negotiations. Please do not move forward placing reliance on this information without first seeking the advice of a professional.
There are plenty of properties in Littleport on private roads. My husband and I are buying such a house. Are there any advantages to buying a house on a private road?
Littleport conveyancing practices are familiar with dealing homeson unadopted roads. Your conveyancer should review the Land Registry data to identify any rights or liabilities. In many cases there is a management company (wholly owned by residents) that residents pay into to maintain the road. Where one exists, the road should be maintained and look better than council owned.