A colleague advised me that where I am buying in Long Sutton I should ask my conveyancer to execute a Neighbourhood, Planning and Local Amenity Search. What does it cover?
A search of this type is usually included in the estimate for your Long Sutton conveyancing searches. It is a large document of more than thirty pages, listing and setting out important information about Long Sutton around the property and the people living there. It incorporates an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Long Sutton Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average Property Price, Crime statistics, Local Education with maps and statistics, Local Amenities and other useful information regarding Long Sutton.
Me and my brother have a semi-detached Victorian house in Long Sutton. Conveyancing solicitor acted for me and Santander. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: the first freehold, another for leasehold under the matching address. I thought I was buying a freehold how can I check?
You need to review the Freehold register you have again and check the Charges Register as there may be mention of a lease. The best way to be sure that you are also the registered proprietor of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Long Sutton and other areas of the country and poses no real issues for owners other than when they buy they have to account for both freehold and leasehold interests when dealing with purchasers. You can also question the situation with the conveyancing practitioner who conducted the conveyancing.
I'm purchasing a new build house in Long Sutton with the aid of help to buy. The developers would not move on the price so I negotiated five thousand pounds worth of extras instead. The house builders rep told me not reveal to my solicitor about this extras as it could put at risk my loan with the lender. Do I keep my lawyer in the dark?.
All lenders require a Disclosure of Incentives Form from the developer of any new build, converted or renovated property, It is available online from the Lenders’ Handbook page on the CML website. CML form is completed and handed to the lender's surveyor when the inspection is done.
Lenders have different policies on incentives. Some accept none at all, cash or physical, while others will accept cash incentives up to 5%.
Hard to understand why the representative of a builder would be suggesting you withold information from a solicitor when all this will be clearly visible on forms the builder has to supply to its solicitor, the buyer's solicitor and the surveyor.
My husband and I are a fortnight into a freehold purchase having been recommend to a firm by the selling agent to handle our conveyancing in Long Sutton. I am am extremely frustrated with the quality of service. Could you help me find new conveyancers?
A conveyancer would need to be really poor in order to consider diss instructing them. Has the mortgage offer been sent? In the event that it has you will need to advise them of the new contact details and have the loan are re-sent. Your solicitor ideally needs to be on the banks approved list to avoid supplemental fees and delays. That should be your starting point. Our search tool can assist you in finding a lender approved conveyancer for your conveyancing in Long Sutton
Having checked my lease I have discovered that there are only 62 years left on my flat in Long Sutton. I now wish to get lease extension but my landlord is absent. What options are available to me?
If 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 enable the lease to be granted an extra 90 years by the Court. However, you will be required to demonstrate that you have used your best endeavours to track down the freeholder. In some cases an enquiry agent would be helpful to try and locate and prepare an expert document to be accepted by the court as evidence that the landlord can not be located. It is advisable to get professional help from a property lawyer in relation to investigating the landlord’s absence and the vesting order request to the County Court overseeing Long Sutton.
I inherited a basement flat in Long Sutton, conveyancing was carried out half a dozen years ago. Can you work out an approximate cost of a lease extension? Similar properties in Long Sutton with a long lease are worth £197,000. The average or mid-range amount of ground rent is £55 per annum. The lease ends on 21st October 2079
With only 55 years left to run we estimate the premium for your lease extension to be between £31,400 and £36,200 as well as plus your own and the landlord's "reasonable" professional fees.
The figure above a general guide to costs for extending a lease, but we are not able to provide the actual costs in the absence of detailed due diligence. Do not use this information in a Notice of Claim or as an informal offer. There may be additional issues that need to be taken into account and clearly you should be as accurate as possible in your negotiations. Please do not take any other action based on this information without first seeking the advice of a professional.
How much experience do your Long Sutton conveyancing solicitors have with Help To Buy, Shared Equity and similar schemes?
Long Sutton conveyancing lawyers help thousands of buyers move home every year and assisted lots of clients through the Help To Buy scheme. The chances are that whatever makes your case unique Long Sutton conveyancers have worked on recent similar cases.