My friend recommended that if I am purchasing in Nafferton 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 occasionally quoted for as part of the standard Nafferton conveyancing searches. It is not a small document of more than thirty pages, listing and detailing significant information about Nafferton around the property and the people living there. It includes an Aerial Photograph, Planning Applications, Land Use, Mobile Phone Masts, Rights of Way, the Nafferton Housing Market, Council Tax Banding, the demographics of People living in the area, the dominant type of Housing, the Average House Prices, Crime statistics, Nafferton Education with plans and statistics, Local Amenities and other useful information regarding Nafferton.
Me and my brother have a 4 bedroom Georgian house in Nafferton. Conveyancing lawyer acted for me and Skipton Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold with the matching address. If a house is not a freehold shouldn't I have been informed?
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 owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Nafferton and other areas of the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with buyers. You can also enquire as to the position with the conveyancing solicitor who carried out the work.
The estate agent has sent us the confirmation of our purchase of a new build flat in Nafferton. Conveyancing is a frightening process at the best of times but I have never purchased a new build flat before. What sort of enquires would be asked in new build conveyancing.
Here are examples of a few leasehold new build enquiries that you may expect your new-build leasehold conveyancing in Nafferton
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The Vendor must covenant to keep unoccupied units in good repair until long leases are granted therefore. Will the freehold then be transferred for a nominal consideration (not exceeding £100) to the Management Company? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? Please supply a car parking plan.
I've recently found out that there is a flying freehold element on a house I put an offer in two weeks back in what was supposed to be a quick, chain free conveyancing. Nafferton is where the house is located. What do you suggest?
Flying freeholds in Nafferton are not the norm but are more likely to exist in relation to terraced houses. Even though you don't necessarily need a conveyancing solicitor in Nafferton you must be sure that your lawyer goes through the deeds diligently. Your mortgage company may require your conveyancing solicitor to take out an indemnity policy. Some of the more diligent conveyancing solicitors in Nafferton may determine that this is not enough and that the deeds be re-written to give you the most up to date legal protection. If so, the next door neighbour also had to sign up to the revised deeds.It is possible that your lender will not accept the situation so the sooner you find out the better. You should also check with your insurance broker as to whether they will insure a flying freehold property.
Having had my offer accepted I require leasehold conveyancing in Nafferton. Before I get started I want to be sure as to the remaining lease term.
If the lease is recorded at the land registry - and most are in Nafferton - then the leasehold title will always include the short particulars of the lease, namely the date; the term; and the original parties. From a conveyancing perspective such details then enable any prospective buyer and lender to confirm that any lease they are looking at is the one relevant to that title. For any other purpose, such as confirming how long the term was granted for and calculating what is left, then the register should be sufficient on it's own.
Nafferton Leasehold Conveyancing - Sample of Queries before buying
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What is the yearly maintenance fee and ground rent? On the whole the cost for major works tend not to be included within service charges, although there some managing agents in Nafferton require leasehold owners to contribute towards a reserve fund created for the specific intention of building a fund for major repairs or maintenance. Best to be warned if a new roof is being installed or some other major work is due shortly that will be shared amongst the leasehold owners and will dramatically increase the the service costs or result in a specific invoice.
My partner and I have an offer in principle from TSB who indicated we could borrow up to £300k. At what point do I need to instruct a lawyer for conveyancing? Nafferton is where we plan to move to.
You can instruct a lawyer now requesting that they generate a file for you. This will facilitate: 1) the selling agent to send out the Sales Memo to all parties 2) the seller’s solicitor to submit the draft agreement. However, do not ask your solicitor to order searches until you have your valuation report via TSB and you are content to proceed.