It is a dozen years since I bought my property in Long Sutton. Conveyancing solicitors have now been instructed on the sale but I can't track down my deeds. Is this a problem?
You need not be too concerned. First the deeds may be kept by your mortgage company or they may be in the possession of the conveyancers who oversaw the purchase. Secondly in most cases the property will be recorded at the land registry and you will be able to prove you own the property by your conveyancing solicitors procuring up to date copy of the land registers. The vast majority of conveyancing in Long Sutton relates to registered property but in the rare situation where your home is not registered it is more of a problem but is not insurmountable.
Will my conveyancing lawyers need to check that the building insurance when buying a house in Long Sutton. My lender is Tesco Bank
Tesco Bank have specific requirements as set out in the UK Finance Lenders’ Handbook. As of 29/11/2020, the requirements read as follows :
I need some quick conveyancing in Long Sutton as I have pressure to sign on the dotted line inside 3 weeks. A home loan is not required. Is it possible to decline from having conveyancing searches to save fees and time?
If.Given you are are a mortgage free purchaser you are at free not to do searches although no law firm would advise that you don't. Drawing on our experience of conveyancing in Long Sutton the following are examples of issues that can crop up and adversely affect the marketability of the property: Enforcement Notices, Overdue Fees, Outstanding Grants, Unadopted Roads,...
It has been four months following my purchase conveyancing in Long Sutton completed. I have checked the Land Registry website which shows that I paid £200,000 when infact I paid £170,000. Why the discrepancy?
The price paid figure is taken from the application to register the purchase. It is the figure included in the Transfer (the legal deed which transfers the property from one person to the other) and referred to as the 'consideration' or purchase price. You can report an error in the price paid figure using the LR online form. In most cases errors result from typos so at first glance the figure. Do report it so they can double check and advise.
Given that I will soon spend £400,000 on a garden flat in Long Sutton I would like to have a conversation with the conveyancer about myconveyancing prior to instructing the firm. Is this something that you can arrange?
Absolutely - it is our preference to talk to you we do not take any clients on without you liaising with the conveyancer due to be conducting your conveyancing in Long Sutton.There is no ‘factory style conveyancing’ - every client is unique person, not a file reference. The practices that we put you in touch with believe that the fees you are provided with for your conveyancing in Long Sutton should be the amount on the final invoice that you end up paying.
Looking forward to complete next month on a ground floor flat in Long Sutton. Conveyancing lawyers have said that they report fully tomorrow. Are there areas in the report that I should be focusing on?
The report on title for your leasehold conveyancing in Long Sutton should include some of the following:
An explanation concerning the obligations in the lease to pay service charges - with regard to both the building, and the more general rights a tenant has Repair and maintenance of the premises What options are open to you if a neighbour breaches a clause of their lease? Alterations to the property You should have a good understanding of the insurance obligations
I bought a 1st floor flat in Long Sutton, conveyancing having been completed 8 years ago. Can you let me have an estimated range of the fair premium for a lease extension? Similar properties in Long Sutton with an extended lease are worth £202,000. The ground rent is £60 per annum. The lease finishes on 21st October 2077
With only 57 years remaining on your lease we estimate the price of your lease extension to span between £28,500 and £33,000 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 detailed investigations. You should not use the figures in a Notice of Claim or as an informal offer. There may be additional concerns that need to be considered 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.